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The property Is located In _ _ _ _ _ _ _ _ _ _ Hall _ at 1511 SPRUCE PL
<br />GRAND ISLAND , Nebraska_ 68801 -7048.
<br />_____
<br />(Address)
<br />(City) (ZIP Coda)
<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 LUMDT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed S 50, 000 .00 _ This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instmment. 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), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You most specifically identify
<br />the debris) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 05/29/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INOT FOR FNMA, FHWC, FHA OR VA USE) c 1 /'\ rpeg✓/ 9CAl
<br />Qi 1990 San — a"I. s. Inc, SL CIOU4, MN Porn OCP -P F, a, ,"S1. =6J �(p
<br />C465(NE) 199o21.02 VMP MORTGAGE FORMS 18001521 7291
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<br />Stale of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST 0166007881
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<br />(With Future Advance Clause)
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<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Tmst (Security Instrument) isMay_ 2 9 L 2003 _ _ _ _ _ _
<br />_ _ _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: JAMES R BROOKS and TERESA L BROOKS, HUSBAND 6 WIFE
<br />1511 SPRUCE PL
<br />GRAND ISLAND, NE 68801 -7048
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOns Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVF,YANCE. 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 Instmment, 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 />LOT 19 EXCEPT THE WEST 4 FEET, HERITAGE ACRES SUBDIVISION, GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />The property Is located In _ _ _ _ _ _ _ _ _ _ Hall _ at 1511 SPRUCE PL
<br />GRAND ISLAND , Nebraska_ 68801 -7048.
<br />_____
<br />(Address)
<br />(City) (ZIP Coda)
<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 LUMDT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed S 50, 000 .00 _ This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instmment. 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), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You most specifically identify
<br />the debris) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 05/29/2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INOT FOR FNMA, FHWC, FHA OR VA USE) c 1 /'\ rpeg✓/ 9CAl
<br />Qi 1990 San — a"I. s. Inc, SL CIOU4, MN Porn OCP -P F, a, ,"S1. =6J �(p
<br />C465(NE) 199o21.02 VMP MORTGAGE FORMS 18001521 7291
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