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��
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<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��
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