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 sut CICTICy of which is acknowledged, and to
<br />secure the Seemed Debt (defined below) and 'I'rustor's performance under this Security Instrument, Truster irrevocably
<br />grants, conveys and sells to Trustee, in trust for the bereft of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT NINE (9) IN BLOCK ONE (1). IN LE HEIGHTS SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />The pntpc-rty is located in _ _ at 2405 ENGLEMAN
<br />(County)
<br />GRAND ISLAND , Nebraska 68803 _
<br />(Addre,o (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditles, and water stock and all existing and future improvements, structures, fixtures, and replacemwts that may
<br />now, or 4P%ny 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 hnstrument at any one time
<br />shall not exceed S 12, 000.00 . Phis 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 covemmts
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND F'UT'URE 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 speeifcally identify
<br />the debts) secured and you should include the final maturity date of each debt(c).)
<br />A Line of Credit Agreement dated 05/01/2003
<br />NEBRASKA - NOME FOULLY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA FaLMC, FHA OR VA USE) (pr¢Iof4)
<br />(Di 1994 tlonMen Systems. 'nc. St CIOu6 MN Ferm OC'REUI -NE 1 /13NY
<br />(O C465(NEI a902)02 von MORTGAGE FGRMS- (500)53r -t2S1
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<br />State of Nebraska Space Above This Line For
<br />Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />\-
<br />(With Future Advance Clause)
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<br />Construction Security Agreement
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<br />1. DATE AND PARTIES. The date of this Decd of Trust (Security Instrument) isMay 01, 2003
<br />_
<br />t
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:LINDA K HELZER, AN UNMARRIED PERSON
<br />2405 ENGLEMAN
<br />GRAND ISLAND, NE 68803
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Ttustors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />'FRUS'I'LL,
<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 sut CICTICy of which is acknowledged, and to
<br />secure the Seemed Debt (defined below) and 'I'rustor's performance under this Security Instrument, Truster irrevocably
<br />grants, conveys and sells to Trustee, in trust for the bereft of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT NINE (9) IN BLOCK ONE (1). IN LE HEIGHTS SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />The pntpc-rty is located in _ _ at 2405 ENGLEMAN
<br />(County)
<br />GRAND ISLAND , Nebraska 68803 _
<br />(Addre,o (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditles, and water stock and all existing and future improvements, structures, fixtures, and replacemwts that may
<br />now, or 4P%ny 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 hnstrument at any one time
<br />shall not exceed S 12, 000.00 . Phis 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 covemmts
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND F'UT'URE 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 speeifcally identify
<br />the debts) secured and you should include the final maturity date of each debt(c).)
<br />A Line of Credit Agreement dated 05/01/2003
<br />NEBRASKA - NOME FOULLY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA FaLMC, FHA OR VA USE) (pr¢Iof4)
<br />(Di 1994 tlonMen Systems. 'nc. St CIOu6 MN Ferm OC'REUI -NE 1 /13NY
<br />(O C465(NEI a902)02 von MORTGAGE FGRMS- (500)53r -t2S1
<br />
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