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In f` <br />rFn <br />RD to <br />a° . <br />N <br />N <br />° <br />c:r <br />I <br />crt <br />O <br />to <br />to <br />N <br />m <br />N <br />N <br />200300202, <br />State of Nebraska Space Above This Line For Recording Data <br />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) isJan 02. <br />2003 <br />_ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:BRIAN A CATCHPOOL. AN UNMARRIED PERSON <br />4204 MICHIGAN AVE <br />GRAND ISLAND. NE 68803 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, <br />their signatures <br />and <br />acknowledgments. <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 Trucial 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 TEN (10). IN BLOCK TWO (2), IN CAPITAL HEIGHTS FOURTH SUBDIVISION, HALL <br />COUNTY. NEBRASKA. <br />The property is located in Hall _.__. at 4204_ MICHIGAN AVE <br />(County) _ <br />GRAND ISLAND , Nebraska 68803 <br />(Addrool (Cily) (ZIP Code) <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 put 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 S20. 000.00 . This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this Iimitation 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 carets), 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) secui ed and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 01/02/2003 <br />NEBRASKA HOME EOOITY LINE OF CREDIT DEED OF TRUST (Nor FOR FNMA, FHLMC. FHA OR VA USE) p (pode I of 4) <br />p 104 BmY0,5 SetTos. 1"c, St. Cloud ON FemOCP -EllUS 11I3ry9 L] �'c <br />®C466u oay).02 VMP MORTGAGE FORMS- (800i511 -]1V'. <br />