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State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />200309311 (With Future Advance Clause) <br />Construction Security Agreement <br />Master form recorded by _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 15, 20.03 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LBE FAMILY LIMITED PARTNERSHIP <br />419 S TILDEN ST <br />GRAND ISLAND, NE 68803 <br />cfn <br />CS1 <br />C. <br />CaJC <br />�CD <br />f-+I <br />r-r <br />D 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 />LOT TEN (10), IN BLOCK FIVE (5), IN CLAUSSEN COUNTRY VIEW ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 927 CLAUSSEN AVE <br />----- - - - - -- - <br />(County) <br />GRAND _ISLAND_ - - , Nebraska, <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 $ 75, 035.50 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, maturitydates, etc.) <br />A Promissory Note dated 07/15/2003 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) pa e / of 41 <br />E� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 150/2002 <br />ti <br />�� C 165 (NE) (0301) VMP MORTGAGE FORMS - (800)521.7291 <br />M <br />-mn <br />C� <br />= <br />(� <br />A <br />Z <br />= <br />r) <br />V <br />n <br />c <br />c <br />Cn <br />a <br />r <br />—c C:) <br />0 <br />'�7 <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />200309311 (With Future Advance Clause) <br />Construction Security Agreement <br />Master form recorded by _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 15, 20.03 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LBE FAMILY LIMITED PARTNERSHIP <br />419 S TILDEN ST <br />GRAND ISLAND, NE 68803 <br />cfn <br />CS1 <br />C. <br />CaJC <br />�CD <br />f-+I <br />r-r <br />D 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 />LOT TEN (10), IN BLOCK FIVE (5), IN CLAUSSEN COUNTRY VIEW ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 927 CLAUSSEN AVE <br />----- - - - - -- - <br />(County) <br />GRAND _ISLAND_ - - , Nebraska, <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 $ 75, 035.50 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, maturitydates, etc.) <br />A Promissory Note dated 07/15/2003 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) pa e / of 41 <br />E� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 150/2002 <br />ti <br />�� C 165 (NE) (0301) VMP MORTGAGE FORMS - (800)521.7291 <br />r� <br />c <br />a <br />c7 <br />a <br />r <br />—c C:) <br />'�7 <br />r <br />V-A <br />T �' <br />Cl <br />4 <br />3 <br />r' <br />cn <br />C.3 <br />U' <br />a <br />Cr <br />CIO <br />Cn <br />Cn <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />200309311 (With Future Advance Clause) <br />Construction Security Agreement <br />Master form recorded by _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 15, 20.03 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LBE FAMILY LIMITED PARTNERSHIP <br />419 S TILDEN ST <br />GRAND ISLAND, NE 68803 <br />cfn <br />CS1 <br />C. <br />CaJC <br />�CD <br />f-+I <br />r-r <br />D 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 />LOT TEN (10), IN BLOCK FIVE (5), IN CLAUSSEN COUNTRY VIEW ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 927 CLAUSSEN AVE <br />----- - - - - -- - <br />(County) <br />GRAND _ISLAND_ - - , Nebraska, <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 $ 75, 035.50 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, maturitydates, etc.) <br />A Promissory Note dated 07/15/2003 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) pa e / of 41 <br />E� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 150/2002 <br />ti <br />�� C 165 (NE) (0301) VMP MORTGAGE FORMS - (800)521.7291 <br />