|
REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause) El Construction Security Agreement
<br />0 Master form recorded by _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec _01, 2004
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:JOEL N SCHROEDER and NANCY D SCHROEDER, HUSBAND AND WIFE
<br />1504 ROSEMONT AVE
<br />GRAND ISLAND, NE 68801
<br />01f 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 />LOT NINE (9), BLOCK FIVE (5), IN COUNTRY CLUB SUBDIVISION, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in _ _ _ _ _ _ _ _ _ Hall _ _ _ _ _ _ _ _ _ at 1504_ROSEMONT AVE_
<br />(County)
<br />_GRAND ISLAND _ _ _ , Nebraska _ _ 68801
<br />_
<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
<br />shall not exceed $_6,_00_0._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), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 12/01/2004
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002
<br />7 t
<br />- C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291
<br />(page 1 0 1
<br />-�
<br />0
<br />_
<br />M
<br />�`
<br />Q
<br />z �
<br />N N
<br />"n rn Cn
<br />�
<br />rr. a`
<br />n
<br />C D
<br />n =
<br />O
<br />*,
<br />Li
<br />o
<br />n
<br />7C
<br />C)
<br />r r-
<br />F—•
<br />2
<br />00
<br />Cn CD
<br />a r
<br />f
<br />Cn '
<br />Cn er-*
<br />co
<br />Z
<br />0
<br />200411855
<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause) El Construction Security Agreement
<br />0 Master form recorded by _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec _01, 2004
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:JOEL N SCHROEDER and NANCY D SCHROEDER, HUSBAND AND WIFE
<br />1504 ROSEMONT AVE
<br />GRAND ISLAND, NE 68801
<br />01f 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 />LOT NINE (9), BLOCK FIVE (5), IN COUNTRY CLUB SUBDIVISION, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in _ _ _ _ _ _ _ _ _ Hall _ _ _ _ _ _ _ _ _ at 1504_ROSEMONT AVE_
<br />(County)
<br />_GRAND ISLAND _ _ _ , Nebraska _ _ 68801
<br />_
<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
<br />shall not exceed $_6,_00_0._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), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 12/01/2004
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002
<br />7 t
<br />- C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291
<br />(page 1 0 1
<br />
|