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A in L I In N" I m -mac ti r*t O 1 7 r 2 c., < T 0 o � n U' 2 to w to N o w f o State of Nebraska Space Ahnve This Line For Recording Data REAL ESTATE DEED OF TRUST �p'S (With Future Advance Clause) o Construction Security Agreement 1. DA'Z'E AND PARTIES. The date of this Deed of'frust (Security Instrument) isApr 29. 2003 mud the parties, their addresses and tax identification nunbers, if required, are as follows: TRUSTOR:RICHARD L SNYDER and CONNIE J SNYDER. HUSBAND AND WIFE 4240 ARIZONA AVE GRAND ISLAND. NE 68803 El if checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: Earl D Ahlschwede, Attorney NE BENEFICIARY: Equitable Federal Savings Bank of Grand Island 113 -115 N. Locust Street Grand Island, NE 68801 -6003 Organized and Existing Under the Laws of The State of Nebraska 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described Property: LOT FIFTEEN (15). IN FRACTIONAL BLOCK TWELVE (12). IN ASHTON PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND. HALL COUNTY, NEBRASKA. The property is located in _ - _ Hall _ at 2516 W DIVISION _ (county) GRAND ISLAND_ , Nebraska - 68801 (Addms) (City) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacehnents that may now, or at any time in the future, be put of the real estate described above (all referred to as "Property"). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed S 53.000.00 . This limitation of amout does not include interest and other- fees and charges validly made pursuant to this Security lnstrumem. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security lnstrumen. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Seemed Debt" is defined as follows: A. Debt incurred ander the terms of all promissory note(s), contrachs), guar mty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debuts) secured and you should include the final maturity date of such debris).) A Line of Credit Agreement dated 04/29/2003 NEBRASKA - HOME Ea UITY LINE OF CREDIT DEED OF TRUST (NO1 FOR FNMA, FHIMC. FHA oe VA u5E) (D 1404 Pm0.mn S,i—s, Inc. tt Cond. MN FCrM OCGREOT -NE 1/ 309 ck C466(NE)(11111)02 VMP MOPTG(eF FORMS - te(o)s2t -?291