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F a+ k T%1 m D 3 N O State of Neboul Space Above Far Line For Recording Data REAL ESTATE DEED OF TRUST (With Future Advance Clause) 0 Construction Security Agreement DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isDec 26. 2002 and the parties, their addresses and tax identification numbers, if required, are as follows: TRUSTOR: VICTOR J AUFDEMBERGE and KATHLEEN J AUFDEMBERGE. HUSBAND AND WIFE 403 E 17TH ST GRAND ISLAND, NE 68801 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: Earl D Ahlschwede, Attorney NE BENEFICIARY: Equitable Federal Savings Bank of Grand Island 113 -115 N- Locust Street Grand Island, NE 68801 -6003 Organized and Existing Under the Laws of The State of Nebraska 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Traostor irrevocably grants, conveys and sells to 'Trustee, in trust for the benefit of Beneficial with power of sale, the following described Property: ALL OF LOT FIVE (5) AND THE WESTERLY THIRTEEN AND FOUR TENTHS FEET (13.4') OF LOT FOUR ALL IN BLOCK NINETY -TWO (92) IN WHEELER AND BENNETT'S FOURTH ADDITION TO GRAND ISLAND, HALL COUNTY, NEBRASKA The property is located in Hall at 403 E 17TH ST (County) GRAND ISLAND , Nebraska 68801 (Address) (City) (ZIP code) Together with all rights, easements, apponteruances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Ins runient at any one time shall not exceed $ 25. 000.00 . This limitation of amount does not include interest and other fees and charges validly made pursual to this Security Instrument. Also, this limitation does not apply to advances made render the terms of this Security instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contraot(s), guafanly(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (You must specifically identih+ the debt(s)secured and you should include the final maturity date of such debt(s).) A Line of Credit Agreement dated 12/26/2002 NEBRASKA - NOME Ea UITY LINE OF CREDIT DEED OF TRUST (Not FOR ERMA. Fe•.uc. FHA OR VA USE) vi (pp�e) 0 199A Sol Syuems, Inc.. St Cloud MN FPnr,UCP - REDI -NE 1113 N9 ®- Ca651NH(9,02) 02 VMPUOarcACE FORMS - (¢00)521-7291 IS