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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, 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 />LOT EIGHT (8) COLONIAL ESTATES NINTH SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY. NEBRASKA
<br />The property is located in ---- __Ha_ll_. _____ ---- at 3204 DIXIE SO___ _____
<br />(County) - _ -- -
<br />GRAND ISLAND. _ _ _ _ _ , Nebraska 68803
<br />(Address) (City) (ZD' 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 $ 25.000.00 . 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 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 EIITURE 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. (Rhen referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rate9, maturity dates, etc.)
<br />A Promissory Note dated 04/10/2003
<br />NEBRASKA - DEED 0 I TRUST Mel ron rNMA, F11MC FHA OP vA IISF)
<br />D° 1994Bm ¢eisS111- 1. Inc, 91.CloudMN(I AOO 391 234 1) Form RE ITT N110QW
<br />®- C 10 WNE)(9000) O2 VMP M OPT GAGF FOAMS - (800)521.1291
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<br />State of NebrzrW Sparc Abave TM1ia Line For Raoraing Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Apr 10_,_ 2003 _ _
<br />_ _ _ _ _ _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTER: PATRICK M JONES and JANIECE M JONES. HUSBAND AND WIFE
<br />3204 DIXIE SO
<br />GRAND ISLAND. NE 68803
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors,
<br />their signatures
<br />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, 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 />LOT EIGHT (8) COLONIAL ESTATES NINTH SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY. NEBRASKA
<br />The property is located in ---- __Ha_ll_. _____ ---- at 3204 DIXIE SO___ _____
<br />(County) - _ -- -
<br />GRAND ISLAND. _ _ _ _ _ , Nebraska 68803
<br />(Address) (City) (ZD' 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 $ 25.000.00 . 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 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 EIITURE 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. (Rhen referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rate9, maturity dates, etc.)
<br />A Promissory Note dated 04/10/2003
<br />NEBRASKA - DEED 0 I TRUST Mel ron rNMA, F11MC FHA OP vA IISF)
<br />D° 1994Bm ¢eisS111- 1. Inc, 91.CloudMN(I AOO 391 234 1) Form RE ITT N110QW
<br />®- C 10 WNE)(9000) O2 VMP M OPT GAGF FOAMS - (800)521.1291
<br />
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