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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, Trustor 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 />SEE ATTACHED "EXHIBIT A" <br />The property is located in Hall at 820 S HARRISON <br />(County). - - <br />GRAND ISLAND , Nebraska 68803 <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, 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 shall <br />not exceed $ 11,500. 00 . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE 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 described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 05/09/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />1994 Bankers Systems, Inc„ S1. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />(M C165(NE) (9808).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />Z <br />-mn <br />0 <br />w <br />rn <br />r •0 <br />n = N <br />o —4 <br />O <br />N N <br />7C u) <br />=a <br />`''` <br />-� <br />M <br />CL <br />O <br />p <br />CT) <br />O 'r1 <br />mcr <br />O <br />rn <br />` . J <br />= I` <br />W y <br />o <br />rr <br />2 <br />& � <br />cn <br />c��n <br />CD <br />C <br />�� <br />co 9—" <br />20030618Z <br />CIO <br />° <br />State of Nebraska <br />;pace Above This <br />Line For Recording Data <br />DEED OF TRUST <br />r` <br />(With Future Advance Clause) <br />..v� <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May <br />09. <br />2003_ <br />v( <br />and the parties, their addresses and tax identification numbers, if required, are as follows:\ <br />TRUSTOR: MARK A MYERS <br />JOY D MYERS <br />820 S HARRISON <br />GRAND ISLAND, <br />NE 68803 <br />01f checked, refer to the attached Addendum incorporated herein, for additional <br />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, Trustor 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 />SEE ATTACHED "EXHIBIT A" <br />The property is located in Hall at 820 S HARRISON <br />(County). - - <br />GRAND ISLAND , Nebraska 68803 <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, 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 shall <br />not exceed $ 11,500. 00 . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE 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 described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 05/09/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />1994 Bankers Systems, Inc„ S1. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />(M C165(NE) (9808).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />