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O <br />N REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is01/24/2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />State of Nebraska <br />M <br />n <br />2 D 7_ <br />n , ;n' <br />S D <br />M N <br />n = <br />I� <br />0 <br />rn <br />c� <br />fT; <br />FD <br />c� <br />C� <br />O <br />N <br />r. <br />'D <br />W <br />F-� <br />Is <br />c-.) cn <br />C> --a <br />C 3> <br />z m <br />1 <br />� O <br />O � <br />yM <br />n� <br />r � <br />r n <br />t:n <br />7K <br />D <br />(n <br />Cn <br />Space Above This Line For Recording Data <br />1. <br />CD r <br />N <br />CID <br />CD <br />CZ) � <br />O C2" <br />N y <br />CD <br />F-' co <br />CT <br />N � <br />N <br />rte. <br />O <br />TRUSTOR:DAVID A LUNDHOLM LINDA D LUNDHOLM EACH IN HIS AND HER OWN RIGHT AND AS <br />SPOUSE OF EACH OTHER <br />4006 MASON AVE <br />GRAND ISLAND, NE 68803 <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 />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street <br />Grand Island, NE 68801 -6003 <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 EIGHT (8), SUNSET SECOND SUBDIVISION, HALL COUNTY, NEBRASKA <br />The property is located in - --Hall- at 4006 MASON AVE <br />(County) <br />- - _ _ - - _GRAND ISLAND_ - - - - - - - , Nebraska 68803 <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 <br />shall not exceed $ 20, 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 specifically identift <br />the debt(s) secured and you should include the final maturity date of such debt(r).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1of) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13199 X-J <br />(M C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />a <br />