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<br />NState of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security lnstrument) is Jan 07. 2003.
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: KENT D LENTZ and MAYRA LENTZ, EACH IN HIS AND HER OWN RIGHT, AND AS SPOUSE
<br />OF EACH OTHER
<br />1021 W DIVISION
<br />GRAND ISLAND, NE 68801
<br />LI U checked, refer to the attached Addendum incorporated herein, for additional Treatise, their signatures 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 Trustor's 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 />THE NORTHERLY EIGHTY -THREE (83) FEET AND NINE (9) INCHES OF LOT FOUR (4) IN BLOCK
<br />ONE HUNDRED TWENTY -FIVE (125) IN KOENIG AND WIEBE'S ADDITION TO THE CITY OF GRAND
<br />ISLAND. HALL COUNTY. NEBRASKA
<br />The property is located in.._.._. _. _. _ Hall_ at 1021 W DIVISION. _. _
<br />(County)
<br />GRAND_ ISLAND ,Nebraska 68801
<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 rosy
<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 amount secured by this Security Instrument at any one time shall
<br />not exceed $ 21.536. 50 . This limitation of =moon, 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 terms of all promissory courts), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 01/07/2003
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<br />NEBRASKA - OEEO OF TRUST (NOT s-DR FNMA, EHLMC ErA OR VA USED / ,(poge_l oj4jl
<br />()i 1994 BmMers Syst err ITT, 51_ Cloud MN(1.000a97- 2341)Form RE -ENNE 1a27g7 L ✓L�/ J�V -JI /IV (�,
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<br />TRUSTOR: KENT D LENTZ and MAYRA LENTZ, EACH IN HIS AND HER OWN RIGHT, AND AS SPOUSE
<br />OF EACH OTHER
<br />1021 W DIVISION
<br />GRAND ISLAND, NE 68801
<br />LI U checked, refer to the attached Addendum incorporated herein, for additional Treatise, their signatures 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 Trustor's 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 />THE NORTHERLY EIGHTY -THREE (83) FEET AND NINE (9) INCHES OF LOT FOUR (4) IN BLOCK
<br />ONE HUNDRED TWENTY -FIVE (125) IN KOENIG AND WIEBE'S ADDITION TO THE CITY OF GRAND
<br />ISLAND. HALL COUNTY. NEBRASKA
<br />The property is located in.._.._. _. _. _ Hall_ at 1021 W DIVISION. _. _
<br />(County)
<br />GRAND_ ISLAND ,Nebraska 68801
<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 rosy
<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 amount secured by this Security Instrument at any one time shall
<br />not exceed $ 21.536. 50 . This limitation of =moon, 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 terms of all promissory courts), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 01/07/2003
<br />n
<br />NEBRASKA - OEEO OF TRUST (NOT s-DR FNMA, EHLMC ErA OR VA USED / ,(poge_l oj4jl
<br />()i 1994 BmMers Syst err ITT, 51_ Cloud MN(1.000a97- 2341)Form RE -ENNE 1a27g7 L ✓L�/ J�V -JI /IV (�,
<br />®' e185INEI(9B08) 02 VMP MORTGAGE FORMS -a(Um 17291
<br />0
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