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7 rt j 2 2 <br />trt <br />c a _ <br />x= <br />r-> <br />j+ OR 41 3 SO. o <br />1 w w :n <br />,.e <br />O N L <br />200301132 to <br />State of Nebraska Space Above This Line For Recording Dam ---------� <br />804543 DEED OF TRUST <br />(with Future Advance Clause) 1� <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 24. 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: HAROLD R VEEDER and PEGGY L VEEDER, HUSBAND AND WIFE, and <br />JASON R VEEDER, AN UNMARRIED PERSON <br />511 EGYPT <br />CAIRO, NE 68824 <br />® 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 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 />SEE ATTACHED EXHIBIT "A ". <br />The property is located in Hall _ at 602 BERBER ST <br />(county) <br />CAIRO , Nebraska _ _ _ 68824_ <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 may <br />now, or at any time in the future, be pert 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 $ 5.075.50 . This limitation of amount does not include interest and other fees <br />and charges validly made parsuam 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. (nen 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 01/24/2003 <br />Q 1994 BNR -DEED OF At Clo (NOT N 1 8 FNMn. 341) F Fan OR VA use) <br />© Ip9J BmYe,S 5y,tems.Inp. SL Cloue. MN (1A00a9J -2991) Form REJHJE 102)fl) <br />Mi C155(NE)(98(8).02 VMP MORTGAGE FORM$- (800)521 -7291 <br />