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M <br />r <br />U <br />d <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 <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 <br />n d" <br />N <br />. <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 <br />