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200302127
<br />State. of Nebraska Space Above Tiffs Line For Recoroom Data —
<br />REAL ESTATE DEED OF TRUST 0166005970
<br />(with Future Advance Clause)
<br />Construction Security Agreement
<br />L DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isFeb 18, 2003
<br />and the parties, their addresses mud tax identification numbers, if required, are as follows:
<br />TRUSTOR:ROGER MALCOM, a single person
<br />1206 W DIVISION
<br />GRAND ISLAND, NE 68801
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Be. 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Be. 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 Trustor's performance under this Security Instrument, TEUSWT 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 2, WAGS SUBDIVISION, CITY OF GRAND ISLAND, BALL COUNTY, NEBRASKA
<br />The property is located in _ - _ _ Ball _ _ - _ _ at 1204 W DIVISION
<br />(Coanty)
<br />, GRAND ISLAND _ _ - Nebraska 68801
<br />(Aedrecs) (Coy) (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 $10,000.00 . 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 note(s), contract(s), guazanty(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 andyou should include [he Final maturity date of such debr(s).)
<br />A Line of Credit Agreement dated 02/18/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INGT FOR FNMA, FetME, FHA OR VA esn s (page 1 of 4)
<br />Q 1994 E- 1- 6yelem5, Inc.. 51, O1ou4, MN Fmm OGe- .ERT.NE 111 El.
<br />- C4651NE1199ad1 O3 vMe MORTGAGE FORMS - 19001531 7291
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<br />200302127
<br />State. of Nebraska Space Above Tiffs Line For Recoroom Data —
<br />REAL ESTATE DEED OF TRUST 0166005970
<br />(with Future Advance Clause)
<br />Construction Security Agreement
<br />L DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isFeb 18, 2003
<br />and the parties, their addresses mud tax identification numbers, if required, are as follows:
<br />TRUSTOR:ROGER MALCOM, a single person
<br />1206 W DIVISION
<br />GRAND ISLAND, NE 68801
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Be. 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Be. 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 Trustor's performance under this Security Instrument, TEUSWT 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 2, WAGS SUBDIVISION, CITY OF GRAND ISLAND, BALL COUNTY, NEBRASKA
<br />The property is located in _ - _ _ Ball _ _ - _ _ at 1204 W DIVISION
<br />(Coanty)
<br />, GRAND ISLAND _ _ - Nebraska 68801
<br />(Aedrecs) (Coy) (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 $10,000.00 . 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 note(s), contract(s), guazanty(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 andyou should include [he Final maturity date of such debr(s).)
<br />A Line of Credit Agreement dated 02/18/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INGT FOR FNMA, FetME, FHA OR VA esn s (page 1 of 4)
<br />Q 1994 E- 1- 6yelem5, Inc.. 51, O1ou4, MN Fmm OGe- .ERT.NE 111 El.
<br />- C4651NE1199ad1 O3 vMe MORTGAGE FORMS - 19001531 7291
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