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<br />200303822 0
<br />State. of Nebraska Space Above Thin Line For Recordine 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) isO3/27/2003
<br />and the parties, their addresses and tax identification numbers, it required, are as follows:
<br />TRUSTOR:IOEVIN L HARRIS AND LISA A HARRIS HUSBAND AND WIFE
<br />1409 W STOLLEY PARK RD
<br />GRAND ISLAND, NE 68801
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R. Peace, Attorney
<br />P. O. Be. 790
<br />Grand Island, HE 68802
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street
<br />Grand Island, HE 68801
<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 />THE EAST FIVE FEET (5') OF LOT SIXTEEN (16) AND ALL OF LOT FIFTEEN (15), IN
<br />HAGGE'S SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 1409 W STOLLEY _PA_ R_ K_ _ED
<br />(Cnunry)
<br />GRAND ISLAND , Nebraska 68801
<br />(Addrees) (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 "Properly ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $20, 000.00 . This limitation of amnum 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's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND F'U'TURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contrachs), guaramy(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debts) secured and you should include the final maturity date of such debt(s).)
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST NOT FOR FNMA, FNLMC, FNA OF VA O9rl (page 1 Of 4)
<br />Oi 1996...4m 6,m Inc., 6, t,1, MN Form OLP -0EeT.NE 11131"
<br />- G465INE11990202 VMP MORTGAGE FORMS- 190015217291
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