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m n <br />m <br />m <br />� lil N <br />I <br />o _> <br />x m <br />$t <br />N <br />N <br />Coe <br />D <br />N <br />S <br />(b <br />!n <br />CO <br />N <br />Slate or Nebraska Space Above'1'Fall Lin, For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />C.7 <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 28._ _2003 <br />_ --- _ <br />_ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: JOHN E NOWICKI and JENNIFER L NOWICKI. HUSBAND AND WIFE. <br />4127 NORSEMAN AVE <br />GRAND ISLAND, NE 68803 <br />El if checked, refer to the attached Addendum incorporated herein, for additional Trusters, <br />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 Seemed Debt (defined below) and Tnrstor'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 TWENTY THREE (23), JEFFREY OAKS EIGHTH SUBDIVISION, IN THE CITY OF GRAND ISLAND. <br />HALL COUNTY. NEBRASKA. <br />The property is located in Hall _ _ _ _ _ _ _ _ at 4127 NORSEMAN AVE <br />(County) <br />GRAND ISLAND , Nebraska 68803 <br />(Address) (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 es "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 13, 000.00 This limitation of amomt does not include interest and other fees <br />and charges validly made pursuant to this Security instrument. Also, this limitation does net 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 "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), coomidel(s), guarariPas) 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 ei borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 03/28/2003 <br />NEBRASKA -DEED OF TRUST (eoi FOR FNFAA FFIFIC, r EPA OR VA E 1O (pglpq of 4) <br />Qi I194 BmNxi 5Y5iemi. mc., $t CIOU6 MN (I- 000 -09L13AI)toim PC DT IOR]ry] 7�.VK�,L_ <br />®® C165iNEi(4808).02 VMr MORI GAGE FORMS (300)521-729l <br />