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) mid Trustor's performance under this Security hernunent, 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 EIGHTEEN (18) IN BLOCK ONE (1). IN BETTER HOMES SUBDIVISION. IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall. _ at 1135 S EDDY
<br />Scrota,)
<br />_ GRAND ISLAND , Nebraska 68801
<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 shall
<br />not e.eoo l $ 2.278.48 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursumn to this Security Instrrmretn. Also, this limitation does not apply to advances made under
<br />die 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 m substitutions. (When relereneing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, into i rates, maturity dates, etc)
<br />A Promissory Note dated 02/14/2003
<br />NEBRASKA - DEED OF TRUST MOT FOR FENS, FIRM C, niA OR VA USE) „i(page 1 of 4)
<br />0199, BTiP0n 1111— il"c,S1Clru6 MN (I M0 1 9141) IFIM lib e1 NF 10 a]0]
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<br />Data
<br />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 Feb 14,
<br />2003 _
<br />---
<br />and the patties, their addresses
<br />and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RUSSELL D PARMENTER and MERNA K PARMENTER. HUSBAND AND WIFE
<br />G
<br />211 W 15TH
<br />GRAND ISLAND.
<br />NE 68801
<br />El If checked, refer to the
<br />attached Addendum incorporated herein, for additional
<br />Trustors, their
<br />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) mid Trustor's performance under this Security hernunent, 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 EIGHTEEN (18) IN BLOCK ONE (1). IN BETTER HOMES SUBDIVISION. IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall. _ at 1135 S EDDY
<br />Scrota,)
<br />_ GRAND ISLAND , Nebraska 68801
<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 shall
<br />not e.eoo l $ 2.278.48 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursumn to this Security Instrrmretn. Also, this limitation does not apply to advances made under
<br />die 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 m substitutions. (When relereneing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, into i rates, maturity dates, etc)
<br />A Promissory Note dated 02/14/2003
<br />NEBRASKA - DEED OF TRUST MOT FOR FENS, FIRM C, niA OR VA USE) „i(page 1 of 4)
<br />0199, BTiP0n 1111— il"c,S1Clru6 MN (I M0 1 9141) IFIM lib e1 NF 10 a]0]
<br />(a C1651NEI(9101)02 VMP MOIITCAPE FOPEo (9110e2l -]291
<br />
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