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State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isMa r 17, 2003 _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ROBERT L SORENSEN and CONNIE E SORENSEN. HUSBAND AND WIFE
<br />4304 CLAUSSEN RD
<br />GRAND ISLAND, NE 68803
<br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, 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, 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 ELEVEN (11) IN JACK VOSS SUBDIVISION, HALL COUNTY, NEBRASKA
<br />The property is located in _ _ Hall _. _. _ at 4304 CLAUSSEN RD
<br />(County)
<br />GRAND ISLAND , Nebraska 68803
<br />(Address) (City) (ZIP Coda)
<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 />sball not exceed $19.500.00 . 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'a security and to perform any of the covenants
<br />contained in this 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 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 ident fy
<br />the debas) secured and you should Include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 03/17/2003
<br />NEBRASKA HBME EDURT LINE OF CREDIT DEED BF TRUST (NOT FOR ENNA. THEM C. FHA OR VA USE)
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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isMa r 17, 2003 _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ROBERT L SORENSEN and CONNIE E SORENSEN. HUSBAND AND WIFE
<br />4304 CLAUSSEN RD
<br />GRAND ISLAND, NE 68803
<br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, 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, 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 ELEVEN (11) IN JACK VOSS SUBDIVISION, HALL COUNTY, NEBRASKA
<br />The property is located in _ _ Hall _. _. _ at 4304 CLAUSSEN RD
<br />(County)
<br />GRAND ISLAND , Nebraska 68803
<br />(Address) (City) (ZIP Coda)
<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 />sball not exceed $19.500.00 . 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'a security and to perform any of the covenants
<br />contained in this 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 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 ident fy
<br />the debas) secured and you should Include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 03/17/2003
<br />NEBRASKA HBME EDURT LINE OF CREDIT DEED BF TRUST (NOT FOR ENNA. THEM C. FHA OR VA USE)
<br />0 m
<br />1994 BMen System,. I,,, 5). Cloud MN F. -OCR- REST -NE 111]199
<br />®
<br />= D065(NE)(9902)02 VMPMORTGAGIFORMS- (a00F5217291
<br />
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