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2620 COTTAGE ST <br />GRAND ISLAND, NE 68803 <br />DIf checked, refer to the attached Addendum incorporated heroin, for additional 'I rustors, their signatures and <br />acknowledgments. <br />TRUSTEE <br />Earl D Ahlechwede, Attorney <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 Lawa 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 Truslor's perfounmrce under this Security Instrvment, 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 EIGHTEEN (18) , BLOCK TWO (2) , UNIVERSITY PLACE, GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />The property i s l orated in ---------- .,.Ra11 at 2620_ COTTAGE -ST _-- ______ - -_ <br />lc"cm) <br />GRAND _ISLAND _______. Nebraska_____ 68803 <br />(Addrexv) (City) (ZIP C.,10 <br />Together with all right', casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />tights, ditches, and water stock and all existing mid future improvements, structures, Fixtures, and replacements that may <br />now, or at may 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 my one time shall <br />not exceed S $14, 198.54 _ . This limitation of mnount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does net apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured De m" is defined as follows: <br />A_ Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (!Then ocleranebug the debts below it is <br />s¢ggesl.1 thatt=ort MCI,& isms such as borr'awerv' name, note umounls, imerrst rarer, matur iev dates, etc.) <br />A Promissory Note dated 01/22/2002 <br />NEBRASKA - DEED OFTRUST relor ruun. vnrme. run os vn esri — iPa.9e }t far <br />0lsseeaahen$yelene,roc.sr moon IIo- 110.11113,il11— .o III vn5T <br />= .C165(NE) mtet01 lfs .IPTOceEl.clas 11111111 I'll <br />O <br />r Y <br />rn <br />ca <br />N <br />L <br />G^ <br />jl <br />(X7 <br />cu <br />State of NeM1ra!,ka <br />- - Space Above This Line <br />For Recording <br />Datx <br />DFED OF TRUST <br />(With Future Advance Clatac) <br />i] Construction Security Agreement <br />1, DATE AND PARTIES. The date <br />of this Deed of trust (Security Instrument) is Jan 22,_ <br />2002 <br />and the their addressee and tax identification numbers, if required, arc as follows: <br />parties, <br />D <br />TRUSTOR: KEVIN J WILLEY <br />and CYNTHIA A WILLEY, HUSBAND AND WIFE <br />2620 COTTAGE ST <br />GRAND ISLAND, NE 68803 <br />DIf checked, refer to the attached Addendum incorporated heroin, for additional 'I rustors, their signatures and <br />acknowledgments. <br />TRUSTEE <br />Earl D Ahlechwede, Attorney <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 Lawa 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 Truslor's perfounmrce under this Security Instrvment, 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 EIGHTEEN (18) , BLOCK TWO (2) , UNIVERSITY PLACE, GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />The property i s l orated in ---------- .,.Ra11 at 2620_ COTTAGE -ST _-- ______ - -_ <br />lc"cm) <br />GRAND _ISLAND _______. Nebraska_____ 68803 <br />(Addrexv) (City) (ZIP C.,10 <br />Together with all right', casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />tights, ditches, and water stock and all existing mid future improvements, structures, Fixtures, and replacements that may <br />now, or at may 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 my one time shall <br />not exceed S $14, 198.54 _ . This limitation of mnount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does net apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured De m" is defined as follows: <br />A_ Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (!Then ocleranebug the debts below it is <br />s¢ggesl.1 thatt=ort MCI,& isms such as borr'awerv' name, note umounls, imerrst rarer, matur iev dates, etc.) <br />A Promissory Note dated 01/22/2002 <br />NEBRASKA - DEED OFTRUST relor ruun. vnrme. run os vn esri — iPa.9e }t far <br />0lsseeaahen$yelene,roc.sr moon IIo- 110.11113,il11— .o III vn5T <br />= .C165(NE) mtet01 lfs .IPTOceEl.clas 11111111 I'll <br />O <br />