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<br />State of Nebraska Space Above This Line For Recording Data
<br />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) is Apr 21,.. 2003
<br />and the parties, their addresses and tax identification timbers, ifrequired, are as follows:
<br />TRUSTOR: DAVID R BERGHOLZ and SHERRI L BERGHOLZ, HUSBAND AND WIFE
<br />3103 DIXIE SO
<br />GRAND ISLAND, NE 68803
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, 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 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 />LOT ONE (1). BLOCK ONE (1). COLONIAL ESTATES SEVENTH SUBDIVISION IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY. NEBRASK
<br />The property is located in Hall _ _ _ at 3103 DIXIE SQ
<br />(Ccl
<br />GRAND ISLAND _ , Nebraska _ 68803_
<br />(Address) (City) (ZIP Cade)
<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 furore improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, he 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 ]imitation does not apply to advances made under
<br />the terns of this Security Instrument to protect Beneficiary's security and to perform any of the covertanls 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 terns of all promissory note(s), connact(s), gumany(s) 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 as borrowers' names, note amounts, interest races, maturity dates, etc.)
<br />A Promissory Note dated 04/21/2003
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHIMC, FHA OR VA NSr) �,,' (, , 1 of, 4)
<br />1994 rockers Sytlemv. Ina, S). Cloud MN (I- B00 -09] -0341) Form RE -DT -NF 101➢P1 IG)�V E S (J
<br />�-CISS(NE)(9eaB).02 VMP MORTO%OF FORMS - (000)521 -0291
<br />
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