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200305442
<br />State of Nebraska space Above Mlle Line For Recording Dana
<br />REAL ESTATE DEED OP TRUST /cDz) o
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Se:urily Instrument) is ...... Mgreh.17, 2003,,,,,,,,,,,,,,_..,,,,,,,, _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: THOMAS I TIMMERMAN
<br />2503 PARK DRIVE
<br />GRAND ISLAND, NE 68801
<br />❑ It checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRI.ISTF.E: STRIEFI SWANSON
<br />1308 UALVIN ROAD SOUTH
<br />BELLEVUE, NE 68005
<br />BENEFICIARY: DEEPGREEN BANK
<br />5800 LOMBARDO CENTER DR
<br />SUITE 100
<br />SEVEN HILLS, OF 44131
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and h1
<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 property is located in
<br />(Addy...)
<br />Ret. Env.
<br />RETCRN TO: SNII / wale, I1...
<br />See Attachment - Exhibit "A" N.U. eox 540817 THOMAS J TIMMERMAN
<br />Hou1lon,1X 77254 -081] E652301
<br />NE, HALL
<br />at 25 . PARK DRIV) ✓ ..............................
<br />(County)
<br />.GR„AND..IS, LAND .... ............ _._. ........... ....... Nebraska ...............
<br />(City) (ZIP Cod.)
<br />Together with all ruts, 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, he part of the real estate described above (all refined R1 as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed W,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 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.
<br />The Home Equity tine of Credit Agreement and Promissory Note ( "Note ") by and between Lender and
<br />Grantor/Mortgagor dated Much 27, 2003 in the principal amount of $42,000.00, payable with all charges, fees
<br />and interest in accordance with the terms of the note, with the balance of the indebtedness, if not sooner paid,
<br />due and payable on March 27, 2028,
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA FHLMC, FHA On VA USEI I of 4)
<br />:e 1994 Bauo,s byoam e. I—, y,. Cloud. MN Form OCPAEFT -NE 1/13/99
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<br />State of Nebraska space Above Mlle Line For Recording Dana
<br />REAL ESTATE DEED OP TRUST /cDz) o
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Se:urily Instrument) is ...... Mgreh.17, 2003,,,,,,,,,,,,,,_..,,,,,,,, _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: THOMAS I TIMMERMAN
<br />2503 PARK DRIVE
<br />GRAND ISLAND, NE 68801
<br />❑ It checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRI.ISTF.E: STRIEFI SWANSON
<br />1308 UALVIN ROAD SOUTH
<br />BELLEVUE, NE 68005
<br />BENEFICIARY: DEEPGREEN BANK
<br />5800 LOMBARDO CENTER DR
<br />SUITE 100
<br />SEVEN HILLS, OF 44131
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and h1
<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 property is located in
<br />(Addy...)
<br />Ret. Env.
<br />RETCRN TO: SNII / wale, I1...
<br />See Attachment - Exhibit "A" N.U. eox 540817 THOMAS J TIMMERMAN
<br />Hou1lon,1X 77254 -081] E652301
<br />NE, HALL
<br />at 25 . PARK DRIV) ✓ ..............................
<br />(County)
<br />.GR„AND..IS, LAND .... ............ _._. ........... ....... Nebraska ...............
<br />(City) (ZIP Cod.)
<br />Together with all ruts, 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, he part of the real estate described above (all refined R1 as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed W,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 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.
<br />The Home Equity tine of Credit Agreement and Promissory Note ( "Note ") by and between Lender and
<br />Grantor/Mortgagor dated Much 27, 2003 in the principal amount of $42,000.00, payable with all charges, fees
<br />and interest in accordance with the terms of the note, with the balance of the indebtedness, if not sooner paid,
<br />due and payable on March 27, 2028,
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA FHLMC, FHA On VA USEI I of 4)
<br />:e 1994 Bauo,s byoam e. I—, y,. Cloud. MN Form OCPAEFT -NE 1/13/99
<br />
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