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<br />State of Nebraska Space Ahove This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clanse)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trost (Security Instrument) is may 16, 2003
<br />slid the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: DARCY D mom and DARCY E MOM, HUSnAND AND MFE
<br />4720 TARA. CT
<br />GRAND ISLAND, HE 68801
<br />L] Tf checked, refer to the attached Addendum incorporated herein, for additional Ttustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlaehwede, Attorney
<br />NE
<br />BENEFICIARY:
<br />Equitable Federal Savings Dank of Grand Island
<br />113 -115 N. LOOUSt Street Grand Island, DD 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 Trusmr's performance under this Secanty Instrument, Truster rrrevoeably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT FORTY -FIVE (45) , IN RAVENNOOD SUBDIVISION,N L COUNTY, NEBRASRA
<br />The property is located in Hall _ _ _ at 4720 TARA CT
<br />(COUmy)
<br />GRAND ISLAND_ , Nebraska 68801
<br />(Add,c,,) (Cry) (Z12 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, Sutures, 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 $ 14, 725.42 . 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, re0ewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' nannies, note amounts, interest rates, maturitydates, etc.)
<br />A Promiaacry Note dated 05/16/2003
<br />NEBRASKA - DEEDOETRUST Nor FORmMA ,FaIMC,FNAGa VAUf EI ( (paffel�oof 4)
<br />Q 1994 Bankers S,—, Inc., 5,. Cloud, MN (1 0003973341) Pa,m RE Or-NE W27n7
<br />(0i C165(NE)(9... tux VMP MGRTGAGEFGRM5-uGG)5117291
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