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1. <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />0 <br />0 Master form recorded by _ - <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 06,_ 2.003 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: ROBERT T TAYLOR and BARBARA J TAYLOR, HUSBAND AND WIFE <br />556 E 18TH ST <br />GRAND ISLAND, NE 68801 <br />EJ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures 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 receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's 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 EASTERLY TWENTY -THREE AND FIVE TENTHS FEET (23.51) OF LOT TWENTY -THREE (23) AND <br />ALL OF LOT TWENTY -FOUR (24) AND THE WESTERLY THREE FEET (31) OF LOT TWENTY -FIVE <br />(25), IN BLOCK THREE (3) IN BLAIN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 556 E 18TH ST <br />- - - - (County) <br />GRAND _I3_ ,Nebraska _ <br />---- 688- - - -___ <br />(Address) (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, 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 LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 8, 244.57 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, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrouvrs' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 06/06/2003 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />c5j�� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 / <br />Mm C165(NEI (030 1) VMP MORTGAGE FORMS - (800)521.7291 <br />= <br />D <br />'_" <br />C <br />M <br />CA <br />n v <br />ohm♦. <br />C= <br />N <br />N <br />CA) <br />- : r , i <br />CD <br />(n <br />� <br />�/ <br />;m t <br />� m <br />-J <br />� <br />3 <br />cnCD <br />CD <br />CD <br />o <br />200307514 <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />0 <br />0 Master form recorded by _ - <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 06,_ 2.003 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: ROBERT T TAYLOR and BARBARA J TAYLOR, HUSBAND AND WIFE <br />556 E 18TH ST <br />GRAND ISLAND, NE 68801 <br />EJ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures 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 receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's 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 EASTERLY TWENTY -THREE AND FIVE TENTHS FEET (23.51) OF LOT TWENTY -THREE (23) AND <br />ALL OF LOT TWENTY -FOUR (24) AND THE WESTERLY THREE FEET (31) OF LOT TWENTY -FIVE <br />(25), IN BLOCK THREE (3) IN BLAIN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 556 E 18TH ST <br />- - - - (County) <br />GRAND _I3_ ,Nebraska _ <br />---- 688- - - -___ <br />(Address) (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, 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 LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 8, 244.57 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, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrouvrs' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 06/06/2003 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />c5j�� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 / <br />Mm C165(NEI (030 1) VMP MORTGAGE FORMS - (800)521.7291 <br />