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<br />REAL ESTATE DEED OF TRUST 0166007249
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />DATE, AND PARTIES. The date of this Deed of Trust (Security Instrument) i. Apr_ 25, 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:PATRICK J LIEBSACK and CYNTHIA K LIEBSACK, HUSBAND AND WIFE
<br />2224 MACRON AVE
<br />GRAND ISLAND, NE 68803
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Tmsmrs, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TlerOme Bank
<br />1235 'N' St / P.O. Be. 83009
<br />Lincoln, HE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 Instmment, 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 THIRTY —EIGHT (38), JEFFREY OAKS EIGHTH SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND. HALL COUNTY. NEBRASKA
<br />The property is located In Hall at 2224 MACRON AVE
<br />(County)
<br />GRAND ISLAND , Nebraska 68803
<br />(Addrcsr) (Ca) (ZIPCO&)
<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 $11, 900. 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 deb! fa).)
<br />A Line of Credit Agreement dated 04/25/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST n10T FOR FNMA. FHIMC. FHA OR VA u50 (? a (pAa4 1 d 4)
<br />Q 19998anken $Vatems. lnc., $c Cloutl. MN Fo,m OCP- PEOT -NE 1113199 (���1ppV�
<br />®C4651NE) 19902) a2 VMPMOFTGAGEF01M9 180014214291
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<br />State of NebrvsMa Space Above This Line For Recording Data O
<br />REAL ESTATE DEED OF TRUST 0166007249
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />DATE, AND PARTIES. The date of this Deed of Trust (Security Instrument) i. Apr_ 25, 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:PATRICK J LIEBSACK and CYNTHIA K LIEBSACK, HUSBAND AND WIFE
<br />2224 MACRON AVE
<br />GRAND ISLAND, NE 68803
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Tmsmrs, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TlerOme Bank
<br />1235 'N' St / P.O. Be. 83009
<br />Lincoln, HE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 Instmment, 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 THIRTY —EIGHT (38), JEFFREY OAKS EIGHTH SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND. HALL COUNTY. NEBRASKA
<br />The property is located In Hall at 2224 MACRON AVE
<br />(County)
<br />GRAND ISLAND , Nebraska 68803
<br />(Addrcsr) (Ca) (ZIPCO&)
<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 $11, 900. 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 deb! fa).)
<br />A Line of Credit Agreement dated 04/25/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST n10T FOR FNMA. FHIMC. FHA OR VA u50 (? a (pAa4 1 d 4)
<br />Q 19998anken $Vatems. lnc., $c Cloutl. MN Fo,m OCP- PEOT -NE 1113199 (���1ppV�
<br />®C4651NE) 19902) a2 VMPMOFTGAGEF01M9 180014214291
<br />
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