|
V n (-;
<br />X v:
<br />n n Z x = r1_31
<br />rn CA N o L� rrl
<br />_ �.` �, C D N
<br />( it z 2 fD
<br />a M O C'D
<br />CL
<br />CD
<br />C:3 2rZ3 .= W
<br />M \ oy T rn
<br />In
<br />r n
<br />CIO
<br />M� N co rV 2
<br />Q> \ s �� OCD
<br />N 20030$"00 W N °z
<br />State of Nebraska Space Above This Line For Recording Data 0
<br />DEED OF TRUST
<br />7' itfhTuture A3vanceV- ause�
<br />E] Construction Security Agreement
<br />0 Master form recorded by - - - -
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is itn 20, _2003_
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: FLOYDE R LOY and BARBARA A LOY, HUSBAND AND WIFE
<br />504 S HIGH ST, PO BOX 23
<br />CAIRO, NE 68824
<br />01f 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 />LOT TWO (2) AND THREE (3), BLOCK FOUR (4), IN THE FIRST ADDITION TO CAIRO, HALL
<br />COUNTY, NEBRASKA
<br />The property is located in Hall at 504 S HIGH ST, PO BOX 23
<br />(County)
<br />CAIRO Nebraska 68824
<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, 850.59 . 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 borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 06/20/2003
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (pag of 4)
<br />" 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 ,Q
<br />- C165(NE) (o301) VMP MORTGAGE FORMS - (800)521 -7291
<br />
|