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The property is located in Hall at 915 S CLAUSSEN AVE
<br />(( oun[y)
<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 acrd riparian
<br />rights, ditches, and water stock and all existing and Future improvcmcnts, 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 />,hall 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 />cumaincl in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. Thu lean "Secured Deb(" is defined as follows:
<br />A. Debt incurred under the terms of all promissory nouds), eontract(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, ounmids, modifications ur substitution,. (Yon must sper'ificall), identify
<br />the debris) secured and yon should Include the final maturity dare of such debt(U.)
<br />A Line of Credit Agreement dated 03/04/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST irvor Fna FNMq re1Mr, Fea nR vn usEi /paged Of 4)
<br />0 1996 tlankers 5ys[emz, inc, al Uwd, MN bum UCY 1101 N[ 1 /11 It 0
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<br />C465(NE) 199001. d, VMPMORTGA9E FORMS (KO)5217291
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<br />State of Nebraska - - -. __ — Space Above This Line For Retarding Data
<br />REAL ESTATE DEED OF TRUST 0166007242
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<br />( With Future Advance Clause)
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<br />El Construction Security Agreement
<br />1. DATE AND PARTTFS. The date of this Deed of Trust (Security Instrument) isMar 04, 2003
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<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />TRUSTOR.LARRY N ALLEN and KAY F ALLEN, HUSBAND 6 WIFE
<br />915 S CLAUSSEN AVE
<br />GRAND ISLAND, NE 68801
<br />0 1f checked, refer to die attached Addendum incorporated herein, for additional 'Fristors, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TisrOne 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
<br />to
<br />secure the Secured Debt (defined below) and Trustorls performance under this Security Instrument, 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 13, BLOCK 5, CLAUSSEN COUNTRY VIEW ADDITION, CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The property is located in Hall at 915 S CLAUSSEN AVE
<br />(( oun[y)
<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 acrd riparian
<br />rights, ditches, and water stock and all existing and Future improvcmcnts, 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 />,hall 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 />cumaincl in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. Thu lean "Secured Deb(" is defined as follows:
<br />A. Debt incurred under the terms of all promissory nouds), eontract(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, ounmids, modifications ur substitution,. (Yon must sper'ificall), identify
<br />the debris) secured and yon should Include the final maturity dare of such debt(U.)
<br />A Line of Credit Agreement dated 03/04/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST irvor Fna FNMq re1Mr, Fea nR vn usEi /paged Of 4)
<br />0 1996 tlankers 5ys[emz, inc, al Uwd, MN bum UCY 1101 N[ 1 /11 It 0
<br />�-
<br />C465(NE) 199001. d, VMPMORTGA9E FORMS (KO)5217291
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