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m = A <br />c 0 X rn <br />r) DA. <br />M Cn <br />p —+ C:) <br />M� m <br />rn � <br />� -{ O <br />° _ 0 2 <br />o r n cst 3 <br />cS <br />may' <br />`-� CSC) .4 <br />co Cn N C Y <br />(n <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isApr 23_,_ 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:KLAYTON L KLUVER <br />MICHELLE L KLUVER <br />358 SUNSET DR <br />DONIPHAN, NE 68832 <br />01f 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 TWENTY ONE (21), AMICK ACRES WEST SUBDIVISION, HALL COUNTY, NEBRASKA <br />The property is located in Hal l at 358 SUNSET <br />(County) <br />DONIPHA_N - - ,Nebraska_ - -- 68832___ <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 as "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ 5 , 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 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 04/23/2003 <br />NEBRASKA - HOME EOUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ✓/l (Po9e 1 0 4) <br />(D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />dM C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />