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n� <br />C c) o ~ p ro <br />c n <br />W Go <br />Go <br />s <br />Z <br />200303181 ° <br />Slate of Nebraska Space Above This Line For Recording Data <br />805167 DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar_ 17._ 2003 _ _ _ _ Q(\ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: �\ <br />TRUSTOR: SOL GARCIA. AN UNMARRIED PERSON. <br />412 N WALDO <br />GRAND ISLAND, NE 68803 <br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, thew 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 Truster's performance ender this Security Instrument, Trustor irrevocably <br />grams, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT FIVE (5). IN BLOCK EIGHT (8), IN HANN'S THIRD ADDITION TO THE CITY OF GRAND <br />ISLAND. HALL COUNTY, NEBRASKA. <br />The property is located in _ _ _ Hal l _ _ _ _ at 321 S_ KIMBALL ST _ _ _ _ <br />(warm <br />GRAND ISLAND , Nebraska. _ _ _ _68801. --- <br />_ <br />- — (Addr,,o -- _ (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, 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 $ 10, 750.00 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 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 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 described <br />below and all their extensions, renewals, modifications or substitutions. (When ref'er'encing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 03/17/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. r1FMC, "I .a vA FIE) (page I of d) <br />0 '99, aarwrs 5ytlems, I"c PI. Ck,d, MN (1 -HO-39] -234 p Foim RE -0T -NE 10a7N7 <br />® -D 1951NEI(9808).02 VMP MOGI GAGE FORMS- (000)5214591 <br />e <br />