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<br />State of Nebraska _. _ Since Above This Live For
<br />Extending Del.
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />i. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 02,
<br />2002
<br />and the patties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: LOREN J DIBBERN and JULIE A DIBBERN, HUSBAND AND WIFE
<br />i?
<br />202 S BERBER
<br />GIRO, HE 68824 -0147
<br />LJ If checked, refer to the attached Addendum incorporated herein, for additional
<br />'fosters,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NH 68801 -6003
<br />organized and Existing Under the Lave 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, Toaster 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 ONE (1) AND TWO (2) IN BLOCK THREE (3), TOWN OF CAIRO, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 202 S BERBER
<br />(County)
<br />CAIRO , Nebraska 68824-0147
<br />(Address) (City) (ZIP Cade)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water took 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 refen'ed to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security histmment at any one time shall
<br />not exceed $ $61, 063.72 . This limitation of amount does not include interest and other fees
<br />and charges validly made personal 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), guarantypo or other evidence of debt described
<br />below and all their cxlnnsions, renewals, modifications or substitutions. (When referencing tire debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, aurturity dates, etc.)
<br />A Promieeory Note dated 01/02/2002
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