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DEED OF TRUST <br />(With Future Advance Clause) o <br />EJ Construction Security Agreement <br />El Master form recorded by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Nov 16, 2 0_04_ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: BETTY J CRITEL, TRUSTEE OF THE Betty J Critel Revocable Trust <br />LESTER H CRITEL JR Husband and Wife <br />19281 W AIRPORT RD <br />RAVENNA, NE 68869 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N Locust St <br />Grand Island, NE 68801 <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />THE NORTHWEST QUARTER (NW1 /4) AND THE WEST HALF OF THE NORTHEAST QUARTER (W1 /2NE1 /4) <br />OF SECTION 6, THOWNSHIP 11 NORTH, RANGE 12, WEST OF THE 6TH P.M., HALL COUNTY, <br />NEBRASKA, AND AND UNDIVIDED ONE -HALF (1/2) INTERST IN AND TO THE NORTHEAST QUARTER <br />(NE1 /4) OF SECTION 12, TOWNSHIP 10 NORTH, RANGE 12, WEST OF THE 6TH P.M., HALL <br />COUNTY, NEBRASKA <br />The property is located in _ _ Hall _ _ _ _ _ _ _ _ at 19281 W AIRPORT RD <br />(County) <br />__ ___ __ RA_VENN_A ,Nebraska ___68_869__ <br />(Address) (City) (ZIP Code) <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 part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 10,085.50 This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />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), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 11/16/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />�M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />11M-C1 651NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />\S <br />i <br />- <br />2 <br />D <br />1 c D <br />5 <br />rs" <br />M <br />N <br />M <br />O <br />tom. <br />r�l ` <br />co CD <br />O <br />u )y <br />T <br />3 <br />r� <br />cn <br />W <br />c n <br />D <br />S <br />CD <br />0 <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) o <br />EJ Construction Security Agreement <br />El Master form recorded by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Nov 16, 2 0_04_ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: BETTY J CRITEL, TRUSTEE OF THE Betty J Critel Revocable Trust <br />LESTER H CRITEL JR Husband and Wife <br />19281 W AIRPORT RD <br />RAVENNA, NE 68869 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N Locust St <br />Grand Island, NE 68801 <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />THE NORTHWEST QUARTER (NW1 /4) AND THE WEST HALF OF THE NORTHEAST QUARTER (W1 /2NE1 /4) <br />OF SECTION 6, THOWNSHIP 11 NORTH, RANGE 12, WEST OF THE 6TH P.M., HALL COUNTY, <br />NEBRASKA, AND AND UNDIVIDED ONE -HALF (1/2) INTERST IN AND TO THE NORTHEAST QUARTER <br />(NE1 /4) OF SECTION 12, TOWNSHIP 10 NORTH, RANGE 12, WEST OF THE 6TH P.M., HALL <br />COUNTY, NEBRASKA <br />The property is located in _ _ Hall _ _ _ _ _ _ _ _ at 19281 W AIRPORT RD <br />(County) <br />__ ___ __ RA_VENN_A ,Nebraska ___68_869__ <br />(Address) (City) (ZIP Code) <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 part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 10,085.50 This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />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), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 11/16/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />�M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />11M-C1 651NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />