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DEED OF TRUST
<br />(With Future Advance Clause) �J
<br />Construction Security Agreement
<br />1. DATE AND FARTTF,S. The date of this Deed of Trust (Security instrument) is Mar 12. 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RICHARD G MARKER JR and PEGGY E MARKER, HUSBAND AND WIFE
<br />1709 ALLEN CT
<br />GRAND ISLAND, NE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their 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 Trustor'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:
<br />LOT THIRTY SEVEN (37) IN R & B SUBDIVISION, CITY OF GRAND ISLAND. HALL COUNTY.
<br />NEBRASKA
<br />The property is located in Hall _ _ _ n1709 ALLEN CT
<br />(County) _
<br />GRAND ISLAND Nebraska. _ _ _68803
<br />- — (Address) -- - - -- -- Irby) (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 shall
<br />not exceed $ 7.000.00 . 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 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 FUTURE ADVANCES. The term "Seemed Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory widely), Contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such dis borrowers' names, note amounts, ma, est rates, reamrity all etc.)
<br />A Promissory Note dated 03/12/2003
<br />WIf 4)
<br />NEBRASKA DEED 0 TRUST (NOT F OR F We FHLMC. FHA OR VA U9 F) _l�t V
<br />© 1994 0mken Systems.lmo SL Cloud MN (1.600 - 397 -2341) VOrm RE DT 1 JW67
<br />®- CIB51NEl(9605).02 VMP MORICAGE RURM9 - (800)599291
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<br />DEED OF TRUST
<br />(With Future Advance Clause) �J
<br />Construction Security Agreement
<br />1. DATE AND FARTTF,S. The date of this Deed of Trust (Security instrument) is Mar 12. 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RICHARD G MARKER JR and PEGGY E MARKER, HUSBAND AND WIFE
<br />1709 ALLEN CT
<br />GRAND ISLAND, NE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their 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 Trustor'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:
<br />LOT THIRTY SEVEN (37) IN R & B SUBDIVISION, CITY OF GRAND ISLAND. HALL COUNTY.
<br />NEBRASKA
<br />The property is located in Hall _ _ _ n1709 ALLEN CT
<br />(County) _
<br />GRAND ISLAND Nebraska. _ _ _68803
<br />- — (Address) -- - - -- -- Irby) (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 shall
<br />not exceed $ 7.000.00 . 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 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 FUTURE ADVANCES. The term "Seemed Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory widely), Contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such dis borrowers' names, note amounts, ma, est rates, reamrity all etc.)
<br />A Promissory Note dated 03/12/2003
<br />WIf 4)
<br />NEBRASKA DEED 0 TRUST (NOT F OR F We FHLMC. FHA OR VA U9 F) _l�t V
<br />© 1994 0mken Systems.lmo SL Cloud MN (1.600 - 397 -2341) VOrm RE DT 1 JW67
<br />®- CIB51NEl(9605).02 VMP MORICAGE RURM9 - (800)599291
<br />so
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