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<br />Stare of Nebraska — -- Space Alcove 9Tk LNe F'or Recording Data —
<br />DEEDOFTRus,r 200200383
<br />(With Nurture Advance Clause)
<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 04, 2002
<br />and the parties, their addresses and mx identification numbers, if required, are as follows:
<br />TRUSTOR: LUTHER F PETERS, AS TRUSTEE OF THE LUTHER F PETERS TRUST, DATED NOV ER 4,
<br />1981, AND LAVONNE R. PETERS, AS TRUSTEE OF THE LAVONNE R. PETERS TRUST,
<br />1312 MAIN ST DATED NOVEMBER 4, 1981.
<br />WOOD RIVER, WE 68883
<br />If checked, refer to the attached Addendum incorporated herein, for additional Traitors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlechwede, Attorney
<br />BENEFICIARY;
<br />Equitable Federal 9avinge Bank of Grand Island
<br />113 -115 N. Locust Street Grand 1e1aad, WE 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 Seruo d Debt (defined below) and Tmstor's performance under this Security Instrument, 'Prustor 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 />LOTS 1, 2, AND 3, BLOCK 3, IN THE WEST NORTH LAWN SECOND ADDITION TO THE CITY OF
<br />WOOD RIVER, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 1401- 1403 -1405 N HWY 11
<br />(Coumy)
<br />WOOD RIVER ,Nebraska 68883
<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 ofthe 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 $ $15, 091.50 . 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), contractis), 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, minority dates, etc.)
<br />A Promissory Note dated 01/04/2002
<br />NEBRASKA -DEED OF TRUST coot cox rrvmn, Feu Mc. Fna ox vn wEl /mil. % //yagel (o /}AI
<br />© 1994 Bankers fiynemx, Ina -.51. Cioua, MN ,1 oe. I, 2341) Fmm NF UT NE nslrl/
<br />®' ®CIEPNNE119P0a101 VMP MUR1Gs5ErOPMi- Is00111 11"
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<br />DEEDOFTRus,r 200200383
<br />(With Nurture Advance Clause)
<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 04, 2002
<br />and the parties, their addresses and mx identification numbers, if required, are as follows:
<br />TRUSTOR: LUTHER F PETERS, AS TRUSTEE OF THE LUTHER F PETERS TRUST, DATED NOV ER 4,
<br />1981, AND LAVONNE R. PETERS, AS TRUSTEE OF THE LAVONNE R. PETERS TRUST,
<br />1312 MAIN ST DATED NOVEMBER 4, 1981.
<br />WOOD RIVER, WE 68883
<br />If checked, refer to the attached Addendum incorporated herein, for additional Traitors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlechwede, Attorney
<br />BENEFICIARY;
<br />Equitable Federal 9avinge Bank of Grand Island
<br />113 -115 N. Locust Street Grand 1e1aad, WE 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 Seruo d Debt (defined below) and Tmstor's performance under this Security Instrument, 'Prustor 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 />LOTS 1, 2, AND 3, BLOCK 3, IN THE WEST NORTH LAWN SECOND ADDITION TO THE CITY OF
<br />WOOD RIVER, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 1401- 1403 -1405 N HWY 11
<br />(Coumy)
<br />WOOD RIVER ,Nebraska 68883
<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 ofthe 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 $ $15, 091.50 . 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), contractis), 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, minority dates, etc.)
<br />A Promissory Note dated 01/04/2002
<br />NEBRASKA -DEED OF TRUST coot cox rrvmn, Feu Mc. Fna ox vn wEl /mil. % //yagel (o /}AI
<br />© 1994 Bankers fiynemx, Ina -.51. Cioua, MN ,1 oe. I, 2341) Fmm NF UT NE nslrl/
<br />®' ®CIEPNNE119P0a101 VMP MUR1Gs5ErOPMi- Is00111 11"
<br />
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