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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 Trustor's 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 SEVEN (7), IN BLOCK SEVENTEEN (17), IN COLLEGE ADDITION TO WEST LAWN, IN GRAND
<br />ISLAND. HALL COUNTY, NEBRASKA.
<br />The property is located in _ _ _ Hall at 2210_ _N_ GRAND ISLAND-AV _
<br />[Connryl
<br />_
<br />GRAND ISLAND Nebraska 68803
<br />(Addeess) (City) (ZIP Cod
<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 wnount 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 Instrunent to protect Beneficiarys seeruity 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), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the dele(s) secured and you should include the final maturity date of such debuts).)
<br />A Line of Credit Agreement dated 03/13/2003
<br />NERRASKA"404V EaUITY LINE OF CREDIT OEEU OF TRUST (NOT 50n FNMA. rNLMC. ran o2 VA USE)
<br />1994 3m1.rs SVS nc.51. 0.. MN fmm 0c1 UETl N, 1119N9
<br />®- C4651NEI(9902).O2 VNP MOaTGAGE TOM - (500)521 -1291
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<br />200303182
<br />State of Nebraska Space Above This Line For Recording
<br />Date
<br />172053970 REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Q Construction Security Agreement
<br />p(
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isMar 13.
<br />2003.
<br />_ _ _ _
<br />and the parties, their addresses and nix identification numbers, if required, are as follows:
<br />TRUSTOR:TERRY I DEWEY, AND
<br />JACKIE I DEWEY, HUSBAND AND WIFE
<br />2210 N GRAND ISLAND AVE
<br />GRAND ISLAND. NE 68803
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trusters,
<br />their signatures
<br />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 Trustor's 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 SEVEN (7), IN BLOCK SEVENTEEN (17), IN COLLEGE ADDITION TO WEST LAWN, IN GRAND
<br />ISLAND. HALL COUNTY, NEBRASKA.
<br />The property is located in _ _ _ Hall at 2210_ _N_ GRAND ISLAND-AV _
<br />[Connryl
<br />_
<br />GRAND ISLAND Nebraska 68803
<br />(Addeess) (City) (ZIP Cod
<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 wnount 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 Instrunent to protect Beneficiarys seeruity 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), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the dele(s) secured and you should include the final maturity date of such debuts).)
<br />A Line of Credit Agreement dated 03/13/2003
<br />NERRASKA"404V EaUITY LINE OF CREDIT OEEU OF TRUST (NOT 50n FNMA. rNLMC. ran o2 VA USE)
<br />1994 3m1.rs SVS nc.51. 0.. MN fmm 0c1 UETl N, 1119N9
<br />®- C4651NEI(9902).O2 VNP MOaTGAGE TOM - (500)521 -1291
<br />
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