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� � O <br />N <br />k` Is <br />W W d j §p (Jl w to °i cn <br />F ca S g ( !^ cc ' era <br />IS f N <br />N (D <br />k 200301559 <br />State of Nebraska Space Abnve This Line For Kennon g Data <br />REAL ESTATE DEED OF TRUST 0166005968 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isFeb 06, 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:Cindy E Kennedy a /k /a Cindy E Schmidt and Robert J Kennedy Husband and <br />Wife <br />2919 W STATE ST <br />GRAND ISLAND, HE 68803 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />TierOne Bank <br />P.O. Box 83009 1235 'N' Street <br />Lincoln, HE 68501 <br />BENEFICIARY: <br />TierOne Bank <br />1235 'N' St / PO Box 83009 Lincoln, NE 68501 <br />Organized and Existing Under the Laws of the United States of America <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 Toaster's performance under this Security instrument, Tmstor 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 18, ISLAND ACRES NUMBER 7, HALL COUNTY, NEBRASKA. <br />The property Is located in Hall al 2919 W STATE ST <br />(County) <br />GRAND ISLAND , 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, 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 "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $30,000.00 . This limitation of amount 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 />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this 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 carets), contract(s), guaranty(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 02/06/2003 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST wOT FOR FNMA, Fn/MC. FHA OR VA "RE) /I� / ( f/ (page J�JK <br />© 1994 Bankers Syslem y Inc., St, Qood, MN F11m OCR AEOT -NE 1/13/99 L <br />- C465(NE) 199091.03 vcr mORTIFAcl leeco � ne.R114.1 <br />