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DEED OF TRUST
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 28. 2003
<br />and the parties, their addresses and tax identification numbers, if required, arc as follows:
<br />0
<br />TRUSTOR: RICHARD L SNYDER and CONNIE J SNYDER, HUSBAND AND WIFE.
<br />4240 ARIZONA AVE
<br />GRAND ISLAND. NE 68803
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trusturs, 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 Seemed Debt (defined below) and Trustor's performance under this Security Instrument, Truster 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 ONE (1), BLOCK TWENTY EIGHT (28), PACKER & BARR'S SECOND ADDITION TO THE CITY OF
<br />GRAND ISLAND. HALL COUNTY. NEBRASKA.
<br />The property is located in Hall _. at 204 N GRACE.
<br />(County)
<br />...GRAND ISALND , Nebraska 68803
<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, ditchea, 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 "Property').
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 15.070.50 . This limitation of amount does not include interest and other fees
<br />an t
<br />d 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 terns of all promissory note(s), contract(s), guarial or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it r,
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity, dates, etc.)
<br />A Promissory Note dated 01/28/2003
<br />NEBRASKA - IT 0L TRUST (NOT F OR r RUN FHIMC, FHA On VA HSE) o�4n
<br />Q 1994 Bmken Systems, lnc..$t Cloud. MN(1- 800397 -2941) FOlm RE Ed NF 1 RR9fl 7 fnHl�� l
<br />Ck-Ill NEI(9808)02 VMr MnRTGA6E rORMS.(8009£9 -7291
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 28. 2003
<br />and the parties, their addresses and tax identification numbers, if required, arc as follows:
<br />0
<br />TRUSTOR: RICHARD L SNYDER and CONNIE J SNYDER, HUSBAND AND WIFE.
<br />4240 ARIZONA AVE
<br />GRAND ISLAND. NE 68803
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trusturs, 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 Seemed Debt (defined below) and Trustor's performance under this Security Instrument, Truster 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 ONE (1), BLOCK TWENTY EIGHT (28), PACKER & BARR'S SECOND ADDITION TO THE CITY OF
<br />GRAND ISLAND. HALL COUNTY. NEBRASKA.
<br />The property is located in Hall _. at 204 N GRACE.
<br />(County)
<br />...GRAND ISALND , Nebraska 68803
<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, ditchea, 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 "Property').
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 15.070.50 . This limitation of amount does not include interest and other fees
<br />an t
<br />d 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 terns of all promissory note(s), contract(s), guarial or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it r,
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity, dates, etc.)
<br />A Promissory Note dated 01/28/2003
<br />NEBRASKA - IT 0L TRUST (NOT F OR r RUN FHIMC, FHA On VA HSE) o�4n
<br />Q 1994 Bmken Systems, lnc..$t Cloud. MN(1- 800397 -2941) FOlm RE Ed NF 1 RR9fl 7 fnHl�� l
<br />Ck-Ill NEI(9808)02 VMr MnRTGA6E rORMS.(8009£9 -7291
<br />
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