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i I P. <br />CL <br />\l <br />K <br />o <br />CSS <br />N N m L <br />L N CD e=-h <br />N Z <br />State. of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />Q Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isMay 06, 2003 <br />and the parties, their addresses and tae identification numbers, if required, are as follows: <br />TRUSTOR: ROSEANN ANDERSON. AN UNMARRIED PERSON <br />4036 EDNA DRIVE <br />GRAND ISLAND, NE 68803 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trusturs, 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 />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 wider 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 />properly: <br />LOT TWENTY -NINE (29), WESTWOOD PARK SUBDIVISION IN TEH CITY OF GRAND ISLAND, HALL <br />COUNTY. NEBRASKA. <br />The property is located in Hall at 4034 GREENWOOD DR. _ _ ----- <br />_ <br />(County) <br />GRAND ISLAND _ , Nebraska _ 68803 <br />(Adders.) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, ntineral 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 S 50, 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 nor apply to advances made <br />under the terms of this Security histrwnetn 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 "Seemed 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 speci ical$' identify <br />the debt(r) secured and you should Include the fmal maturity dale o /'such debt(s).) <br />A Line of Credit Agreement dated 05/06/2003 <br />NEBRASKA NOME EQUITY LINE DF CREDIT DEED OF TRUST INJI FOR FNMA. FFLMC. FHA OR VA USE) ^ (poge I of d) <br />© 1994 Baakeo Sol., 11c 51 Celd MN form 00' -llri NE If3 N9 (� <br />Ck C465INEI(9902)02 VMG M ORr GAGE FORMS �(B0O)521.12RI <br />