TRUSTOR:ELEANOR H SCHINKEL. AN UNMARRIED PERSON
<br />4313 CLAUSSEN RD
<br />GRAND ISLAND, NE 68803
<br />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 Tmstor's performance under this Security Instrument, 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 SIX (6). IN CLAUSSEN SUBDIVISION BEING A PART OF THE WEST HALF OF THE
<br />SOUTHWEST QUARTER (W1 /2SW1/4) OF SECTION TWO (2). TOWNSHIP ELEVEN (11), RANGE TEN
<br />(10) WEST OF THE 6TH P.M.. IN HALL COUNTY NE
<br />The property is located in Hall d4313 CLAUSSEN RD
<br />(County)
<br />GRAND ISLAND , Nebraska 68803
<br />(Address) (City) (LIP Code)
<br />Together with all rights, casements, 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 $16, 000.00 . This limitation of amount does not include interest and other
<br />fees mid 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 AcrefiUuny's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Securul Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(,) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically Identify
<br />the debts) secured and you should Include the final maturity date rfsuch debt(s).)
<br />A Line of Credit Agreement dated 04/28/2003
<br />NEBRASKA HOME EOURY LINE OF CREDIT DEED OF TRUST (sot son ErvmA. EaEm(. . vsA OR VA USE) (py7e I of 4)
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<br />El Construction Security Agreement
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<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security hish'unient) isApr 28.
<br />2003
<br />and the parties,
<br />their addresses and tax identification numbers, if requirexl, are as follows:
<br />fib`
<br />TRUSTOR:ELEANOR H SCHINKEL. AN UNMARRIED PERSON
<br />4313 CLAUSSEN RD
<br />GRAND ISLAND, NE 68803
<br />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 Tmstor's performance under this Security Instrument, 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 SIX (6). IN CLAUSSEN SUBDIVISION BEING A PART OF THE WEST HALF OF THE
<br />SOUTHWEST QUARTER (W1 /2SW1/4) OF SECTION TWO (2). TOWNSHIP ELEVEN (11), RANGE TEN
<br />(10) WEST OF THE 6TH P.M.. IN HALL COUNTY NE
<br />The property is located in Hall d4313 CLAUSSEN RD
<br />(County)
<br />GRAND ISLAND , Nebraska 68803
<br />(Address) (City) (LIP Code)
<br />Together with all rights, casements, 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 $16, 000.00 . This limitation of amount does not include interest and other
<br />fees mid 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 AcrefiUuny's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Securul Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(,) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically Identify
<br />the debts) secured and you should Include the final maturity date rfsuch debt(s).)
<br />A Line of Credit Agreement dated 04/28/2003
<br />NEBRASKA HOME EOURY LINE OF CREDIT DEED OF TRUST (sot son ErvmA. EaEm(. . vsA OR VA USE) (py7e I of 4)
<br />© -994 Boole, S,Ic s -Inc. 6, Cloud MN Foam e<1P'Eel 11 X11199
<br />®- C4651NEI(BB02)01 vmE moat cAw FOSms (en:rye9 -rrzv-
<br />
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