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<br />Male ur Nebreskx Space AM1OVe Thia Line For Recording Date
<br />DEED OF TRUST
<br />(With ELhtre Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Decal of Trust (Security Instrument) is Mar 04. 2003
<br />and die parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: CHARLES ROGER NOAKES and JOYCE D NOAKES, HUSBAND AND WIFE
<br />612 S PLUM RD
<br />GRAND ISLAND, NE 68801
<br />Olf checked, refer to the attached Addendum incorporated herein, for additional Trustora, their signatures and
<br />acknowledgments.
<br />'TRUSILE
<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 card 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, Truster irrevocably
<br />grants, conveys and sells to Trustee, in trust for the henefit of lleneficiary, with power of .sale, the following described
<br />property:
<br />LOT SEVENTEEN (17). IN SPELTS- SCHULTZ ADDITION TO THE CITY OF GRAND ISLAND. HALL
<br />COUNTY. NEBRASKA.
<br />The property is located in Hal l w612 S PLUM RD _
<br />(county)
<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, mid 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 exceed S 34, 549.28 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument Also, this limitation does not apply to advances made wider
<br />the terms of this Security Instrument to protect Beneficiary's security and to pedurm 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 terns of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debris below it Is
<br />suggested that Vou include Items such as borrowers' names, hate amounts, interest rater, maturity dates, eta_)
<br />A Promissory Note dated 03/04/2003
<br />NEBRASKA - DEER OF TRUST (NOT ion FNVA, rxtuG.= ,AoxVAbsq (Peas ?td)
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<br />W (600):2 -7291
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