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state of Ncbreske - Space Above This Use For Recording Date <br />DEED OF TRUST <br />(With Futurn Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Decd of Trust (Security Instrument) is Dec_ 27,_ 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: JENNIFER J PAVLIK and RUSSEL R. PAVLIK. WIFE AND HUSBAND <br />1215 N HOWARD AVE <br />GRAND ISLAND. NE 68803 <br />0 <br />O E. <br />o u. <br />W <br />O <br />O :.s <br />O �+ <br />LI cTa <br />O <br />LI If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgmems. <br />TRUSTEE: <br />Earl D Ahlschwede, Attorney <br />NE <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 Trustou s performance under this Security lnst rament, Truster 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 />SOUTH HALF (S1 /2) OF LOT SEVEN (7) AND ALL OF LOT EIGHT (8). BLOCK ONE (1). WEST <br />PARK ADDITION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The roerty is located in Ha1J___. - - ____- at 1215 N _HOWARD _AVE - __ ----- <br />P P ----------- Ha <br />(County) <br />GRAND_ ISLAND_, Nebraska 68803 ----- <br />(Address) (City) (ZIP Cede) <br />Together with all rights, casements, 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 reel 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 $ 19,154.52 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 term[ of all promissory note(s), cone act(s), greases ) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When rgfereacing the debts below it is <br />suggested that you include items such as hmR owersr names, note amounts, enterert rates, maturity dates, etc.) <br />A Promissory Note dated 12/27/2002 <br />NEBRASKA - DEED OF TRUST (NUT FOR 9NMA, lu1MC, ETA OR VA USE) Or <br />© 1994 BmFeis Systems, Inc., St, Ocua MN (1.800- 897 -2341) Fumn IRE -01NE I0OW <br />(25 D165(NE)(9805y02 VMF MORTGAGE FORMS - (800)5217291 <br />as <br />m <br />S <br />n v <br />u <br />o > <br />m <br />x• <br />A <br />i� <br />`✓� <br />� T <br />7C <br />r n <br />b <br />m <br />3 <br />- <br />w <br />ur <br />� <br />w <br />� <br />t <br />N <br />state of Ncbreske - Space Above This Use For Recording Date <br />DEED OF TRUST <br />(With Futurn Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Decd of Trust (Security Instrument) is Dec_ 27,_ 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: JENNIFER J PAVLIK and RUSSEL R. PAVLIK. WIFE AND HUSBAND <br />1215 N HOWARD AVE <br />GRAND ISLAND. NE 68803 <br />0 <br />O E. <br />o u. <br />W <br />O <br />O :.s <br />O �+ <br />LI cTa <br />O <br />LI If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgmems. <br />TRUSTEE: <br />Earl D Ahlschwede, Attorney <br />NE <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 Trustou s performance under this Security lnst rament, Truster 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 />SOUTH HALF (S1 /2) OF LOT SEVEN (7) AND ALL OF LOT EIGHT (8). BLOCK ONE (1). WEST <br />PARK ADDITION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The roerty is located in Ha1J___. - - ____- at 1215 N _HOWARD _AVE - __ ----- <br />P P ----------- Ha <br />(County) <br />GRAND_ ISLAND_, Nebraska 68803 ----- <br />(Address) (City) (ZIP Cede) <br />Together with all rights, casements, 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 reel 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 $ 19,154.52 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 term[ of all promissory note(s), cone act(s), greases ) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When rgfereacing the debts below it is <br />suggested that you include items such as hmR owersr names, note amounts, enterert rates, maturity dates, etc.) <br />A Promissory Note dated 12/27/2002 <br />NEBRASKA - DEED OF TRUST (NUT FOR 9NMA, lu1MC, ETA OR VA USE) Or <br />© 1994 BmFeis Systems, Inc., St, Ocua MN (1.800- 897 -2341) Fumn IRE -01NE I0OW <br />(25 D165(NE)(9805y02 VMF MORTGAGE FORMS - (800)5217291 <br />as <br />