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YJ <br />to <br />M <br />rn <br />n <br />State of Nebraska <br />m <br />n <br />c <br />CA <br />2 D <br />M CA <br />1 <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isAPr_ 29_, 2.0.03 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:CHARLES MICHAEL HASTINGS and KAREN TAFT HASTINGS, HUSBAND AND WIFE, <br />C] ftl <br />N <br />CD <br />(=) 0. <br />W N <br />CD <br />C.n <br />M c <br />I—, CD <br />Cn <br />Z <br />O <br />C <br />_i <br />3441 SCHROEDER AVE <br />GRAND ISLAND, NE 68803 -6530 <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 FIVE (5), BLOCK TWO (2), WESTROADS ESTATES, GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in _ - - - - - - - - - - - - - - Hall --- - - - - - -------- at 3441 SCHROEDER AVE <br />(County) <br />GRAND ISLAND Nebraska 68803 -6530 <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 $20, 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 specocaffy identify <br />the debt's) secured and you shoufd include t6e final maturity date of suck debt's).) <br />A Line of Credit Agreement dated 04/29/2003 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF T RUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />1994 Bankers Systems, Inc., S1. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />C465(NE <br />®© ) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />a� ( p e 1 of 4) <br />N <br />C'3 cn <br />Z D1 <br />: 3 <br />M <br />O <br />T <br />cri <br />Z <br />M <br />m <br />CJ <br />r <br />o <br />Z3 <br />r n <br />C0 <br />7c <br />n <br />CZ) <br />N <br />C/) <br />Space Above This Line For Recording <br />Data — <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isAPr_ 29_, 2.0.03 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:CHARLES MICHAEL HASTINGS and KAREN TAFT HASTINGS, HUSBAND AND WIFE, <br />C] ftl <br />N <br />CD <br />(=) 0. <br />W N <br />CD <br />C.n <br />M c <br />I—, CD <br />Cn <br />Z <br />O <br />C <br />_i <br />3441 SCHROEDER AVE <br />GRAND ISLAND, NE 68803 -6530 <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 FIVE (5), BLOCK TWO (2), WESTROADS ESTATES, GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in _ - - - - - - - - - - - - - - Hall --- - - - - - -------- at 3441 SCHROEDER AVE <br />(County) <br />GRAND ISLAND Nebraska 68803 -6530 <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 $20, 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 specocaffy identify <br />the debt's) secured and you shoufd include t6e final maturity date of suck debt's).) <br />A Line of Credit Agreement dated 04/29/2003 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF T RUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />1994 Bankers Systems, Inc., S1. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />C465(NE <br />®© ) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />a� ( p e 1 of 4) <br />