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The property is located in Hall _ at 4138 _ ARIZONA AVE
<br />(County)
<br />- _. _ _ _ _GRAND ISLAND Nebraska 68803
<br />(Addax) (City) (ZIP Coda)
<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 "Properly ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall nut exceed $11, 481 .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 terms of all promissory note(s), contract(s), guavor (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 debt(s).)
<br />A Line of Credit Agreement dated 05/21/2003
<br />NEBRASKA HOME EQUITY LINE OF CREDIT DEED OF TRUST u0T FOR FNM9, FHLse, Fen m vA user �I P89e -r)
<br />(] 1994 Banheia By¢Ieina, Lx.. 51. CIOUO. MN Form nCPREoLNE 1/13/99
<br />C465(NE) m9ozl.oz VMr moRTCaGe FORMS- 18001521 -7291
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<br />Stale of Nehraska Space Above This Line For Recording Dala
<br />REAL ESTATE DEED OF TRUST 0166007878
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isNlay, 21, 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />TRUSTOR:CHARLES L WEGNER and ROXANNE M WEGNER, HUSBAND AND WIFE
<br />4138 ARIZONA AVE
<br />GRAND ISLAND, HE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />1235 'N' St / P.O. Be. 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 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 />secure the Secured Debt (defined below) and Trustor's performance under 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 />property:
<br />LOT 12, ROSS THEASMEYER SUBDNTSION, GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall _ at 4138 _ ARIZONA AVE
<br />(County)
<br />- _. _ _ _ _GRAND ISLAND Nebraska 68803
<br />(Addax) (City) (ZIP Coda)
<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 "Properly ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall nut exceed $11, 481 .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 terms of all promissory note(s), contract(s), guavor (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 debt(s).)
<br />A Line of Credit Agreement dated 05/21/2003
<br />NEBRASKA HOME EQUITY LINE OF CREDIT DEED OF TRUST u0T FOR FNM9, FHLse, Fen m vA user �I P89e -r)
<br />(] 1994 Banheia By¢Ieina, Lx.. 51. CIOUO. MN Form nCPREoLNE 1/13/99
<br />C465(NE) m9ozl.oz VMr moRTCaGe FORMS- 18001521 -7291
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