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DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 29, 2002 <br />- - -. ._-.--------------- - - - - -- <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: ROBERT D RIEDY and KRISTIN M RIEDY, HUSBAND AND WIFE <br />4057 ZOLA IN <br />v <br />GRAND ISLAND, NE 68803 -1523 <br />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 Grand Island, NE 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 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 />PARCEL 1- LOT ONE (1), BLOCK TWO (2) IN PONDEROSA LAKE ESTATES THIRD SUBDIVISION IN <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. PARCEL 2- LOT <br />THREE (3), IN CAPITOL HILL ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. PARCEL 3- LOT THREE (3), BLOCK SEVENTEEN (17), COLLEGE <br />ADDITION TO WEST LAWN, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />PARCEL 4- THE WESTERLY THIRTY -SIX (36) FEET OF THE NORTHERLY EIGHTY -TWO (82) FEET OF <br />LOT FOUR (4) IN BLOCK ONE HUNDRED FOUR (104) IN RAILROAD ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. PARCEL 5- SEE ATTACHED LEGAL <br />The property is located in Hall _ at PONDEROSA LOT, _54.3 E 1. 2TH_ , <br />423 W Koenig, 1204 S Lincoln((lvlt ) <br />2214-GRAND-ISLAND AVE, GRAND ISLAND ,Nebraska 68801 <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 shall <br />not exceed S $100, 000. 00 . 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), contract(s), 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 horrowerc' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 01/29/2002 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FnLMC. FHA OR VA USE) (page 1 of 4) <br />(D 1994 Bankers Systems. Inc., St Clocd, MN 0 899 -39] -2341 ( Form RE -DT -NE 10127,97 U ^� <br />(M-C166(NE)19eo8 of vMP MORTGAGE FORMS- (809)521 -4291 J�� <br />rn <br />T <br />C <br />f=r1 <br />N <br />C? <br />N o —i <br />CD If <br />N <br />m <br />O <br />7�c <br />� rn m <br />C <br />�c <br />c� o �1 <br />° Q <br />ti <br />m � <br />� <br />n' S' :3 r a <br />0 <br />F� CAP <br />C-3 Cn <br />cII <br />cil <br />7 <br />N <br />t Z <br />CP <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 29, 2002 <br />- - -. ._-.--------------- - - - - -- <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: ROBERT D RIEDY and KRISTIN M RIEDY, HUSBAND AND WIFE <br />4057 ZOLA IN <br />v <br />GRAND ISLAND, NE 68803 -1523 <br />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 Grand Island, NE 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 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 />PARCEL 1- LOT ONE (1), BLOCK TWO (2) IN PONDEROSA LAKE ESTATES THIRD SUBDIVISION IN <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. PARCEL 2- LOT <br />THREE (3), IN CAPITOL HILL ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. PARCEL 3- LOT THREE (3), BLOCK SEVENTEEN (17), COLLEGE <br />ADDITION TO WEST LAWN, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />PARCEL 4- THE WESTERLY THIRTY -SIX (36) FEET OF THE NORTHERLY EIGHTY -TWO (82) FEET OF <br />LOT FOUR (4) IN BLOCK ONE HUNDRED FOUR (104) IN RAILROAD ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. PARCEL 5- SEE ATTACHED LEGAL <br />The property is located in Hall _ at PONDEROSA LOT, _54.3 E 1. 2TH_ , <br />423 W Koenig, 1204 S Lincoln((lvlt ) <br />2214-GRAND-ISLAND AVE, GRAND ISLAND ,Nebraska 68801 <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 shall <br />not exceed S $100, 000. 00 . 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), contract(s), 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 horrowerc' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 01/29/2002 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FnLMC. FHA OR VA USE) (page 1 of 4) <br />(D 1994 Bankers Systems. Inc., St Clocd, MN 0 899 -39] -2341 ( Form RE -DT -NE 10127,97 U ^� <br />(M-C166(NE)19eo8 of vMP MORTGAGE FORMS- (809)521 -4291 J�� <br />