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m 2 y m o <br />in <br />Ri N <br />z y ry <br />m w <br />r n S fs)J� 'ot t✓ o� o <br />Vt <br />' 3 '— o N <br />1 r- a coy <br />4 N 1 0 7`c 0 <br />ON <br />So :24 <br />State of Nebraska Space Above This Line For Recording Data - <br />DEED OF TRUST <br />(With Future Advance Clause) <br />CoustrucHon Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan_ 0.9_._ 2003 -------------- <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RICHARD L BURTLE and DARLINE R BURTLE, HUSBAND AND WIFE <br />668 GROFF ST <br />GRAND ISLAND, NE 68801 <br />El if checked, refer to the attached Addendum incorporated herein, for additional Trustors, 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 Ins[runient, 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 SEVEN (7). AND EIGHT (8), IN FRACTIONAL BLOCK THREE (3), IN JOEHNCK'S ADDITION <br />TO THE CITY OF GRAND ISLAND. HALL COUNTY, NEBRAKSA. <br />The property is located in Hall _ _ at 668 E. GROFF ST _ _ _ _ _ _ _ _ _ _ _ _ _ <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 Said riparian <br />rights, ditches, and water stock and all existing and future improvemenh, 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 amount secured by this Security Instrument at any one time sliall <br />not exceed S 43.687. 00 . 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 terms of all promissory note(s), 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 01/09/2003 <br />NEBRASKA -DEED OF TRUST Ma FOR FNMA. FaEMC. Fan on vn USE) (paI- 1 a 4) <br />0 191 3rcken Sonars, Inc.. Sr ❑ood MN C 800 -297 -2241) Form RE DT N1 10a7r97 <br />C15II(9808).02 VMP MORTGAGE FORMS - (800)5217991 <br />