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1 2 D <br />m <br />n n n to <br />°w <br />o <br />Pat <br />in <br />CD <br />{ U o <br />O <br />R✓a <br />� <br />p T <br />y! <br />s <br />O <br />200300153 <br />Co <br />State of Nebraska Space Above This Line For Recording <br />Data <br />172053939 REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security, Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isDee 26, <br />2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: ROBERT J PRINCE <br />JEANINE R PRINCE, HUSBAND AND WIPE <br />4151 W LOUP RIVER RD. <br />GRAND ISLAND, WE 68801 -9516 <br />E If checked, refer to the attached Addendum incorporated herein, for additional <br />Trustors, <br />their signatures <br />and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschiaede, Attorney <br />NE <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, WE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <br />CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Truster's performance under this Security Instrument, 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 />SEE ATTACHED EXHIBIT nAn <br />The property is located to Hall _ _ _ _ _ at 4151.W LOUP RIVER_ RD. <br />(County) <br />GRAND ISLAND , Nebraska 68801-9516 <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 meant secured by this Security Instrument at any one time <br />shall not exceed $14, 800.00 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(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debts) secured and you should include the final maturity date of such debris) ) <br />A Line of Credit Agreement dated 12/26/2002 <br />NEBRASKA - NOM E EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, PHLMC FHA ORVA U50 /�A�3gefo ) <br />0' 1994 Bankers Systama, Inc. St Clad, MN Farm OLRREOLNE 1113199 fir/./ <br />®'- C465(NE) 19902).03 VMPMORTGAGEFORMS (800)521 7291 <br />