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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 />THE SOUTHERLY TWO (S 2') FEET OF LOT TWO (2) AND THE NORTHERLY FORTY EIGHT (N 48')
<br />FEET OF LOT THREE (3). BLOCK TWO (2), IN SOTHMAN'S SUBDIVISION IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall __ _ _ _ _ _ _ _ _ at 1112 S GREENWICH
<br />(County)
<br />GRAND ISLAND , Nebraska_ _ _68801
<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 put of the real estate described above (all referred to as "Properly").
<br />3. MAXIMUM OBLIGATION IdMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 16.600.00 . This limitation of amount dues not include interest and other fees
<br />and charges validly made Paramus 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 "Secured Debt" is defined as follows:
<br />A. Debt incurred wider the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, ocemals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such ac borrowers' names, note amounts, interest rates, nwturay dates, etc.)
<br />A Promissory Note dated 04/03/2003
<br />NEBRASKA -DEED OF TRUST(NOT FOR F NMA. 11 LM C. Fan orz vA IS F) ( Iof4
<br />© 1944amkersS ystemt. lne_ SLCcUd, MN(1r00J9]- 23A1) Form iDTNEIto707 IhVL .4ii r
<br />(W CISS(NE) s a0B).02 VMVMUIIIGAGFIIIIM9 - (¢00)521 -0291
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<br />805170
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of
<br />this Deed of Trust (Security Instrument) is
<br />Apr 03, 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RUSSELL S KLINETOBE and MICHELLE L KLINETOBE.
<br />HUSBAND AND WIFE,
<br />1112 S GREENWICH
<br />GRAND ISLAND, NE
<br />68801
<br />0 if checked, refer to the attached
<br />Addendum incorporated herein, for
<br />additional Trustors, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede.
<br />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 />THE SOUTHERLY TWO (S 2') FEET OF LOT TWO (2) AND THE NORTHERLY FORTY EIGHT (N 48')
<br />FEET OF LOT THREE (3). BLOCK TWO (2), IN SOTHMAN'S SUBDIVISION IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall __ _ _ _ _ _ _ _ _ at 1112 S GREENWICH
<br />(County)
<br />GRAND ISLAND , Nebraska_ _ _68801
<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 put of the real estate described above (all referred to as "Properly").
<br />3. MAXIMUM OBLIGATION IdMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 16.600.00 . This limitation of amount dues not include interest and other fees
<br />and charges validly made Paramus 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 "Secured Debt" is defined as follows:
<br />A. Debt incurred wider the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, ocemals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such ac borrowers' names, note amounts, interest rates, nwturay dates, etc.)
<br />A Promissory Note dated 04/03/2003
<br />NEBRASKA -DEED OF TRUST(NOT FOR F NMA. 11 LM C. Fan orz vA IS F) ( Iof4
<br />© 1944amkersS ystemt. lne_ SLCcUd, MN(1r00J9]- 23A1) Form iDTNEIto707 IhVL .4ii r
<br />(W CISS(NE) s a0B).02 VMVMUIIIGAGFIIIIM9 - (¢00)521 -0291
<br />
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