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- <br />^ <br />3 <br />_ <br />N <br />O —i <br />O <br />M <br />O <br />COLD <br />rt <br />' M C4 <br />—c <br />-T7 <br />C. <br />�% <br />N <br />p <br />cn <br />r" <br />'S3 <br />f02 <br />yr r 1 <br />Z3 <br />r_� <br />r x► <br />N <br />(� <br />(C, p <br />CID <br />O <br />54- <br />Cil <br />C <br />O r <br />nA <br />State of Nebraska <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />° <br />0 Construction Security Agreement <br />\5\ <br />1. DATE AND PARTIES. <br />The date of this Deed of Trust (Security Instrument) iS02 /15/2002 <br />--------------- <br />C <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:SHAWN K HARSHBARGER DEBRA A HARSHBARGER HUSBAND AND WIFE <br />1009 S VINE <br />GRAND ISLAND, NE 68801 <br />01f 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 FOUR (4), IN BLOCK TWELVE (12) IN CLAUSSEN COUNTRY VIEW ADDITION TO THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 1009 S VINE <br />---- - - - - -- <br />(County) <br />GRAND ISLAND Nebraska 68801 <br />-- - - - - -- - - - - -- - - -- - <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 $10, 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 identify <br />the debt(y) secured and you should include the final maturity date of such deht(s).) <br />NEBRASKA -HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) e—>-% (p of 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 !t[` ►�I� <br />- C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />