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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 rcecipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustins 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 />The North Half of the South Half of the West Half of the Southeast Quarter
<br />(N1 /2S1/2W1/2SE1/4) of Section One (1), in Township Twelve (12) North, Range Twelve
<br />(12) West of the 6th P.M., Hall County. Nebraska
<br />The property is located in _ Hall _ _ at 8200. EQUUS LN
<br />(County)
<br />CAIRO _ _ _ , Nebraska _68824_ _
<br />(Aaar9ae) (city) (zte 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 par[ of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMFF. The total principal meant secured by [his Security Instrument at any one time shall
<br />not exceed $ 74, 070.50 . This limitation of amount does not include interest mid 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(a), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (taken referencing the dehtr 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 05/29/2003
<br />NEBRASKA aFTNN ST MOT FOR FNMA, 341)C,FlanoRvaus e) (po9er7 pf 4)
<br />(]i 1994 Bm4ers 5VStems.lnc. 9c Cloud MN (I t11R 09 }p�41) FO,m RE ET NE IOR)NJ
<br />(-C1651NEl(9000102 VMP MORTGGE FORMS- (000)621 -7291
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<br />Snscut Nebraska Space Above Thin Line For Rmordine Data C
<br />805174 DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 29,_ 2.003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: DAMON E OBERMILLER and JODI L OBERMILLER, HUSBAND & WIFE
<br />1719 N TAYLOR
<br />GRAND ISLAND, NE 68803
<br />E::] 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 rcecipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustins 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 />The North Half of the South Half of the West Half of the Southeast Quarter
<br />(N1 /2S1/2W1/2SE1/4) of Section One (1), in Township Twelve (12) North, Range Twelve
<br />(12) West of the 6th P.M., Hall County. Nebraska
<br />The property is located in _ Hall _ _ at 8200. EQUUS LN
<br />(County)
<br />CAIRO _ _ _ , Nebraska _68824_ _
<br />(Aaar9ae) (city) (zte 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 par[ of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMFF. The total principal meant secured by [his Security Instrument at any one time shall
<br />not exceed $ 74, 070.50 . This limitation of amount does not include interest mid 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(a), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (taken referencing the dehtr 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 05/29/2003
<br />NEBRASKA aFTNN ST MOT FOR FNMA, 341)C,FlanoRvaus e) (po9er7 pf 4)
<br />(]i 1994 Bm4ers 5VStems.lnc. 9c Cloud MN (I t11R 09 }p�41) FO,m RE ET NE IOR)NJ
<br />(-C1651NEl(9000102 VMP MORTGGE FORMS- (000)621 -7291
<br />
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