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
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<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
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<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
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