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TRUSTOR: BRADLEY D PETERS, and
<br />LINDA M PETERS, husband S wife, jointly each in own right
<br />1409 MARSHALL
<br />WOOD RIVER, NE 68883
<br />Ll If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />First Federal Lincoln Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />First Federal Lincoln Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 perform mce 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 4, BLOCK 1, WEST NORTH LAWN SECOND ADDITION, CITY OF WOOD RIVER, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in Hall at 1409 MARSHALL
<br />(County)
<br />WOOD RIVER , Nebraska _ _68883
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, casements, 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
<br />shall not exceed $ $31, 000 .00 This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this 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
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifcally identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 01/28/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHIMC, FHA ORVA USE)
<br />O 1994 Bankers Systems, Inc., St Cloud, MN Form OCP- REDT -NE 1113199
<br />- C466(NE) (9902).01 VM P MORTGAGE FORM S- (809)521 -7291
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<br />REAL ESTATE DEED OF TRUST
<br />0
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJan 28,,,.2-0.02
<br />and the parties, their addresses
<br />and tax identification numbers, if required, are as follows:
<br />0
<br />TRUSTOR: BRADLEY D PETERS, and
<br />LINDA M PETERS, husband S wife, jointly each in own right
<br />1409 MARSHALL
<br />WOOD RIVER, NE 68883
<br />Ll If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />First Federal Lincoln Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />First Federal Lincoln Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 perform mce 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 4, BLOCK 1, WEST NORTH LAWN SECOND ADDITION, CITY OF WOOD RIVER, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in Hall at 1409 MARSHALL
<br />(County)
<br />WOOD RIVER , Nebraska _ _68883
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, casements, 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
<br />shall not exceed $ $31, 000 .00 This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this 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
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifcally identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 01/28/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHIMC, FHA ORVA USE)
<br />O 1994 Bankers Systems, Inc., St Cloud, MN Form OCP- REDT -NE 1113199
<br />- C466(NE) (9902).01 VM P MORTGAGE FORM S- (809)521 -7291
<br />B
<br />1 L-
<br />(p ge pf 4)
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