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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 />A n C) <br />m <br />z <br />r <br />Z D O <br />Lo <br />—s r'^ <br />O <br />d <br />t� <br />M_ <br />may; <br />N <br />W <br />Z <br />0 <br />State <br />of Nebraska Space Above This Line <br />For Recording <br />Data <br />REAL ESTATE DEED OF TRUST <br />l\ <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />�J <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 />