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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 TrusIm'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: DD .25) FELT OF HE THE WESERLY
<br />SEVENTY-FOUR AND- TWENTY -FIVE, OFS THE ONORTHERLY ONE- HALFEOFELOT NINE (9)
<br />OF THE COUNTY SUBDIVISION OF THE SOUTH HALF OF THE SOUTHEAST QUARTER (S1 /2 SE1 /4) OF
<br />SECTION SI %TEEN (16). TOWNSHIP ELEVEN (11) NORTH. RANGE NINE (9). WEST OF THE 6TH
<br />P.M., HALL COUNTY, NEBRASKA
<br />'The properly is located in Hall at 511 W CHARLES
<br />(('ountyl
<br />GRAND ISLAND , Nebraska 68803 _
<br />(Address) (City) (ZIP code)
<br />Together with all rights, easements, appm'tenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and fnure 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 LINDT. The total principal amount secured by this Security Instrument at my one time shall
<br />not exceed $ 18.794. 05 . This limitation of anrouni does not include intermit and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances mad. under
<br />the 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 FUTC RE ADVANCES. The term "Soured Debt" is defined as follows:
<br />A, Debt incurred under the terms of all promissory note(s), contract(s), guiranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When rclerencing the debts below it is
<br />suggested that rob include items sudh as bon-owees' names, note amoants, interest rates, mann'in dates, etc)
<br />A Promissory Note dated 0211112003
<br />NEBRASKA - DEED U TRUST (NOT roR rNVA' MIC I IA C, VA III) (pa3e,1 0 )
<br />O 1"c t.1.115 11, 4r 111IM N( III III III )r III II IeIel
<br />(Ma Ct 651NE) ("")" VVS sIrl cncs ^rms- (aoo)5a17?01
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<br />State of Nebraska Spare Above
<br />'I his Linc For Recording
<br />Data
<br />DEED OF TRUST
<br />Q
<br />(With Future Advance Clause)
<br />Cc�'
<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. 'f he date of this Decd of Trust (Security Instrument) is
<br />Feb 11,
<br />2003
<br />_
<br />and the parties, their addresses mid tax identification numbers, if required, are as follows:
<br />TRUSTOR: KENA D BREWER
<br />MICHAEL CHARLES BREWER. WIFE AND HUSBAND
<br />11433 W MAPLE RD 8
<br />OMAHA, NE 68164
<br />If checked, refer to the attached Addendum incorporated herein, for
<br />additional
<br />Trusters,
<br />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) and TrusIm'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: DD .25) FELT OF HE THE WESERLY
<br />SEVENTY-FOUR AND- TWENTY -FIVE, OFS THE ONORTHERLY ONE- HALFEOFELOT NINE (9)
<br />OF THE COUNTY SUBDIVISION OF THE SOUTH HALF OF THE SOUTHEAST QUARTER (S1 /2 SE1 /4) OF
<br />SECTION SI %TEEN (16). TOWNSHIP ELEVEN (11) NORTH. RANGE NINE (9). WEST OF THE 6TH
<br />P.M., HALL COUNTY, NEBRASKA
<br />'The properly is located in Hall at 511 W CHARLES
<br />(('ountyl
<br />GRAND ISLAND , Nebraska 68803 _
<br />(Address) (City) (ZIP code)
<br />Together with all rights, easements, appm'tenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and fnure 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 LINDT. The total principal amount secured by this Security Instrument at my one time shall
<br />not exceed $ 18.794. 05 . This limitation of anrouni does not include intermit and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances mad. under
<br />the 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 FUTC RE ADVANCES. The term "Soured Debt" is defined as follows:
<br />A, Debt incurred under the terms of all promissory note(s), contract(s), guiranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When rclerencing the debts below it is
<br />suggested that rob include items sudh as bon-owees' names, note amoants, interest rates, mann'in dates, etc)
<br />A Promissory Note dated 0211112003
<br />NEBRASKA - DEED U TRUST (NOT roR rNVA' MIC I IA C, VA III) (pa3e,1 0 )
<br />O 1"c t.1.115 11, 4r 111IM N( III III III )r III II IeIel
<br />(Ma Ct 651NE) ("")" VVS sIrl cncs ^rms- (aoo)5a17?01
<br />
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