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<br />State of Nebraska Space Above Tlds Line For Recording Data
<br />C
<br />REAL ESTATE DEED OF TRUST 0166007877
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) ishley_ 15r _ 2003 _ _ -
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: JIM ROBERT SKEEN and BARBARA JEANE SKEEN, HUSBAND AND WIFE
<br />1405 MARSHALL ST
<br />WOOD RIVER, HE 68883
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TieTOga Hank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, HE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Be. 83009 Lincoln, HE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />the Securer) Debt (defined below) and Truster's performance under this Security Instrument, Truster irrevocably
<br />secure
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: OV
<br />THE SOUTH 60 FEET OF LOT 2, BLOCK 1, NORTH LAWN SECOND ADDITION, WOOD RIVER
<br />VILLAGE WEST, HALL COUNTY, NEBRASKA
<br />The property is located in Hall _ - _ --- _ _ at 1405 - MARSHALL ST_ -
<br />(Cnunry)
<br />WOOD RIVER. , Nebraska 68883
<br />(Addrevs) (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, stra,wres, fixtures, and replacements that may
<br />now, or at any time in the future, be pan 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 $ 20, 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 follows:
<br />A. Debt incurred under the terns 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 specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debos).)
<br />A Line of Credit Agreement dated 05/15/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST NOT Fog FNMA. FRIMG, FaA OR vA o9n _ p (page 1 pj_4)
<br />Qi 1994 eunke,c Systems. lnc.. S- Cloud, MN Pomi.C,- FWT -NE "ISMS
<br />l (0- C465(NE) 1SSO21.02 VMG MORTGAGE FORMS 180015217291
<br />
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