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ED n n <br />C m N <br />_ n n Z x <br />v <br />w <br />oti <br />o <br />y\ <br />Sly <br />fD <br />O <br />m <br />3 3 <br />W <br />�v <br />CII <br />200304952 <br />o <br />N <br />�' <br />Slate of Nehneka Sl Above. This <br />Line For ReI,,M <br />, Data <br />172054036 REAL ESTATE DEED OF TRUST <br />1 <br />(With Future Advance Clause) <br />0 <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isApr <br />17. <br />2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:MICHAEL D GONZALES and CHERYL K GONZALES, HUSBAND <br />AND <br />WIFE <br />3027 WEST 16TH STREET <br />GRAND ISLAND. NE 68803 <br />if checked, refer to the attached Addendum incorporated herein, for additional <br />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 cmisideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under dds Security Instrument, Tmstor 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 WESTERLY FIFTY -SIX (56) FEET OF LOT ONE (1).FRANZEN SUBDIVISION IN THE CITY OF <br />GRAND ISLAND. HALL COUNTY, NEBRASKA. <br />The property is located in _ _ _ _ _ Hall --- _ _ _ _ _ - _ _ at 3027_ WEST 16TH STREET <br />_ <br />GRAND ISLAND , Nebraska _ _ 68803 <br />d__ _.. <br />(Address) (City) (ZIP Codc) <br />Together with all rights, easements, appurtenances, royalties, mincral 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 />shall not exceed $15, 000.00 . 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's security and to perform any of the covenants <br />contained in this Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The tern "Secured Debt' is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranly(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifica0n identify <br />the debts) secured and you should include the final maturity date of such debt(e).) <br />A Line of Credit Agreement dated 04/17/2003 <br />NEBRASKA - HOME ENURY LINE OF CREDIT DEED OF TRUST (Not FUN FNMA, nrlMC, FHA OP 'A USE) (page 1 of 4) <br />(' 1994 tankers S,dwe . Inc. Sf. Cloud MN Far, OCP PFDI NF 1 /13N9 Ae C14 <br />(M C465(NE)(9902)02 Von MORTGAGE FORMS- (800)62' -7291 <br />SID <br />