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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 />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 tinder 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 THREE (3), AMICK ACRES WEST SUBDIVISION. HALL COUNTY. NEBRASKA.
<br />The property is located in Hall _ _ _ _ _ _ _ _ _ _ _ _ _ _ at 311_ I_S_L_AND DR
<br />(County)
<br />DONIPHAN , Nebraska 68832
<br />tAaaa,al (shy) (ZIP coati)
<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 "Properly ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrurnent at any one time
<br />shall not exceed $275.000. 00 . Tire limitation of anrowt 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 />.War the terms of this Security hash ureert to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FU TUBE 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 oxtersions, renewals, modifications or substitutions. (You must specifically identify
<br />the deht(,9) secured and you .should include the final maturity dale ufsuch debt(s).)
<br />A Promissory Note dated 01/08/2003
<br />NEBRASKA NOME EUUITY LINE OF CREDIT DEED OF TRUST Mw roc FNMA- FntMC EFTA On VA USE) A (pxdsll Pf 4)
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<br />THIS IIR1 d7 M C967TRJFFS A REAL ESTATE DEED OF TRUST 173834191
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<br />L0FSDEqTR1CiION SECURITY I IEREST (With Future Advance Clause)
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<br />C045TFaV LIEN ACT. (XI Construction Security Agreement
<br />+
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJan 08._
<br />2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR KYLE SAWYERS and HOLLY SAWYERS, , HUSBAND AND WIFE
<br />4066 PALACE DR.
<br />GRAND ISLAND, HE 68803
<br />If checked, refer to the attached Addendum incorporated harem, for additional
<br />Torsions,
<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 />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 tinder 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 THREE (3), AMICK ACRES WEST SUBDIVISION. HALL COUNTY. NEBRASKA.
<br />The property is located in Hall _ _ _ _ _ _ _ _ _ _ _ _ _ _ at 311_ I_S_L_AND DR
<br />(County)
<br />DONIPHAN , Nebraska 68832
<br />tAaaa,al (shy) (ZIP coati)
<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 "Properly ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrurnent at any one time
<br />shall not exceed $275.000. 00 . Tire limitation of anrowt 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 />.War the terms of this Security hash ureert to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FU TUBE 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 oxtersions, renewals, modifications or substitutions. (You must specifically identify
<br />the deht(,9) secured and you .should include the final maturity dale ufsuch debt(s).)
<br />A Promissory Note dated 01/08/2003
<br />NEBRASKA NOME EUUITY LINE OF CREDIT DEED OF TRUST Mw roc FNMA- FntMC EFTA On VA USE) A (pxdsll Pf 4)
<br />m
<br />p 1994 Bmews Systes- Inc ..91 teu¢MN SVO SE.PF I-NE IlpN9 9 7
<br />- L9115MEI(9902)03 vMP MCRTQnSGE FORMS - (000)521 -)191
<br />
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