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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, Irustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />prop
<br />LOT FIFTEEN (15), IN WESTWOOD PARK SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The property is located in Hal l at 4162 FAIDLEY AVE
<br />(County)
<br />--------- ____.__. _ GRAND ISLAND , Nebraska 68803 _
<br />(AddvO,) (City) (ZIP Cole)
<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 LIlVDT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $300.000.00 . 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 follow.:
<br />A. Debt incurred under the terms of all promissory note(s), contrachs), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (Your must specifically identify
<br />the debt(s) seemed and you should include the final maturity date of such debt(,e).)
<br />A Promissory Note dated 05/08/2003
<br />NEBRASKA HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT Di ENNA, F.IMC. PEA OR VA USe) ( y �(�
<br />©1994 Broke¢ syefeme. Inc., 9L CIOud MN To- QCP- RFDI -NE III 3M 1317-0 Y�
<br />C465INEI(9902)02 VMP MORTGAGE FORMS MTTn)59I 7291
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<br />State of Nebreake R ace bovcT 's Line or f t.
<br />This instrument constitues a construction securit in�eres IT as
<br />REAL ESTATE DEED OF'TRUST
<br />Lien Act-
<br />`\
<br />373050973 (With Future Advance Clause)
<br />�.
<br />® Construction Security Agreement
<br />�'`
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isMay 08.
<br />20.03
<br />_
<br />2
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:TOBY S MOHLER and STEPHANIE MOHLER, HUSBAND AND WIFE.
<br />4104 DRIFTWOOD DR
<br />GRAND ISLAND, NE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors,
<br />their signatures
<br />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, Irustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />prop
<br />LOT FIFTEEN (15), IN WESTWOOD PARK SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The property is located in Hal l at 4162 FAIDLEY AVE
<br />(County)
<br />--------- ____.__. _ GRAND ISLAND , Nebraska 68803 _
<br />(AddvO,) (City) (ZIP Cole)
<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 LIlVDT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $300.000.00 . 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 follow.:
<br />A. Debt incurred under the terms of all promissory note(s), contrachs), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (Your must specifically identify
<br />the debt(s) seemed and you should include the final maturity date of such debt(,e).)
<br />A Promissory Note dated 05/08/2003
<br />NEBRASKA HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT Di ENNA, F.IMC. PEA OR VA USe) ( y �(�
<br />©1994 Broke¢ syefeme. Inc., 9L CIOud MN To- QCP- RFDI -NE III 3M 1317-0 Y�
<br />C465INEI(9902)02 VMP MORTGAGE FORMS MTTn)59I 7291
<br />
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