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<br />-- SFOde Above TLis Line For Recordist, Data
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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />L DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) issep 28_,_ 2004 --- _ _ _ _ _ _ _ _ _
<br />_ _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:PATRICE L SCHAEFFER, A SINGLE PERSON
<br />1721 HANOVER ST
<br />GRAND ISLAND, HE 68803
<br />if checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R. Haack, Attorney
<br />P. O. Box 790
<br />Grand Island, HE 68802
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />Organized and Existing Under the Laws of The State of Necraeka
<br />CONVEYANCE. For and valuable consideration, the receipt and sufficiency of which is acknowledged, and
<br />to
<br />2. good
<br />the Secured Debt (defined below) and Toaster's performance under this Security Instrument, Trustor irrevocably
<br />secure
<br />to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />grants, conveys and sells
<br />property:
<br />FOUR (4) BEL AIR ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />LOT THREE (3) , BLOCK ,
<br />COUNTY, NEBRASKA.
<br />The property is located in --- Hall _ _ _ _ at 1721 BANO"71 ST ------
<br />(CA.ty)
<br />GRAND ISLAND ..... ___,Nebraska _6880_3 ----
<br />-------- (City) lute Cod
<br />__ _ _ (ASdress) e)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be parr of the real estate described above (all referred to as "property ").
<br />3, MAXUyjUM OBLIGATION LIMIT. The total principal amount secured by this Security lnstminem at any one time
<br />shall nut exceed $5,000 - 00 _ _ _ _ _ _ - _ _ _ --- . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), controet(s), gummity(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debts) secured and you should include the final maturity date of such deht(s).)
<br />A Line of Credit Agreement dated 09/28/2004
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INOT FOR FNMA, PNLMc, IPA OR VA USn 1pa9c 1 Of 4)
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