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<br />State of Nehra.ehs Space Above This Line For Recording Data
<br />805165 DEED OF TRUST
<br />(With Future Advance Clause) _
<br />0 Construction Security Agreement '
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 31, 2003
<br />and the parties, their addresses and our identification numbers, if required, are as follows:
<br />TRUSTOR: ELLA J PRAWL, AN UNMARRIED PERSON,
<br />316 W 7TH ST
<br />GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional 'frustors, 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, 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 SIX (6). IN BLOCK ONE HUNDRED TWENTY FOUR (124), IN UNION PACIFIC RAILWAY
<br />COMPANY'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br />The property is located in _ _ _ _ Hal 1 _ at 316 W 771H ST
<br />nasty)
<br />GRAND ISLAND , Nebraska 68801
<br />(Add.,,,) (City) (ZIP Coda)
<br />Together with all rights, easements, appurtenances, royalties, mineral tights, oil mid 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 for=, 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 cxce-ed $ 12,850.86 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuam to this Security instrument. Also, this limitation does not apply to advances made under
<br />the terns 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), guseanty(s) or other evidence of debt described
<br />below mid all their extensions, renewals, modifications or substitutions. (When referencing the debts below it ey
<br />suggested that you include item, such a, bnrrnwery' names, dole umoamty, interest rates, Snuritr dates, etcj
<br />A Promissory Note dated 01/31/2003
<br />NEBRASKA -DEED OF TRUST (Not toe INMn. EELMC. rsn ou VA USE) (poge I of 4)
<br />Q 1994 Bm4ers5yslams. Inc. L. Clod,, AN (1 800 397 Form nE -DI -NE 1062]/9)
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