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IN <br />p� C <br />M <br />1TH <br />� 2 <br />2 > <br />1Hn x <br />i <br />Y <br />off' <br />N <br />0 <br />w <br />IT <br />0 <br />3 <br />Q <br />O <br />O y <br />C D <br />Z ti <br />.y m <br />0 <br />o -0 <br />T Z <br />x m <br />D m <br />Go <br />r � <br />r D <br />n <br />u ' 200302031 y <br />State of Nebraska Spaee Above This Line For Recording Ra[e <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />LJ Construction Security Agreement <br />L DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isfeb 12. 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:Robert A Hays and Rita L Hays, Husband and Wife <br />m <br />O <br />o� <br />w = <br />o v� <br />N 2 <br />03 <br />w r�irt <br />~• o <br />4311 Lariat Lane <br />Grand Island, NE 68803 -2230 <br />Q If checked, refer to the attached Addendum incorporated herein, for additional Trusters, 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 Truator'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 Thirteen (13) Western Heights Subdivision, Hall County. Nebraska <br />The property is located in _ _ _ _ Hall _ at 4311 Lariat Lane _ <br />(county) <br />_ Grand Island , Nebraska 68803 -2230 <br />(Address) 074) (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 LLVDT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $60.000.00 _ . This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred tinder the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such deht(.$).) <br />A Line of Credit Agreement dated 02/12/2003 <br />NEBRASKA NOME EQUITY LINE OF CREDIT GEED OF TRYST (NOT FOR FNMA, FxIMG. ENA OR ME USE) / / / (po,ge I Qt?) <br />© 199E emkas Systems, Ino, St CROW MN Form OOP REST NE 111 509 �U�jJa_ �[w- <br />ckC465(NEI(9902)02 AMP MORTGAGE FORMS - or)0?21 -7191 <br />