State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is02/27/2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:CHARLES H WELLENSIEK MARILYN K WELLENSIEK HUSBAND AND WIFE
<br />504 MEDINA, P.O. BOX 513
<br />CAIRO, NE 68824 -0513
<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
<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, Truster 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 />THE EAST TWENTY -FIVE FEET (E251) OF LOT FOUR (4) AND THE SOUTH ONEHUNDRED
<br />NINETY -THREE FEET (51931) OF LOT THREE (3), BLOCK ONE (1), INGALLS- TURNER
<br />SUBDIVISION, IN THE VILLAGE OF CAIRO, HALL COUNTY, NEBRASKA EXCEPTING A CERTAIN
<br />TRACT MORE PARTICULARLY DESCRIBED AS IN JOINT TENANCY WARRANTY DEED RECORDED AS
<br />DOCUMENT NO. 82- 003641.
<br />The property is located in _Hall at 504 MEDINA,_ P.O.-BOX 513 _ -
<br />(County)
<br />CAIRO - Nebraska_ 68824 -0513_
<br />(Address) (Cit)') (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 $25, 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(r) secured and you should include the final maturity date of such debt(s).)
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHrMO. FHA OR VA USE) (p gea 1 of 4
<br />1994 Bankers S,rems. Inc.. St eioud. MN Form OOP -RH T -NE 1113/99 'jws —)
<br />(M- C465(NE) (9992).01 VMP MORTGAGE FORMS- (800)521 -7291
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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is02/27/2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:CHARLES H WELLENSIEK MARILYN K WELLENSIEK HUSBAND AND WIFE
<br />504 MEDINA, P.O. BOX 513
<br />CAIRO, NE 68824 -0513
<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
<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, Truster 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 />THE EAST TWENTY -FIVE FEET (E251) OF LOT FOUR (4) AND THE SOUTH ONEHUNDRED
<br />NINETY -THREE FEET (51931) OF LOT THREE (3), BLOCK ONE (1), INGALLS- TURNER
<br />SUBDIVISION, IN THE VILLAGE OF CAIRO, HALL COUNTY, NEBRASKA EXCEPTING A CERTAIN
<br />TRACT MORE PARTICULARLY DESCRIBED AS IN JOINT TENANCY WARRANTY DEED RECORDED AS
<br />DOCUMENT NO. 82- 003641.
<br />The property is located in _Hall at 504 MEDINA,_ P.O.-BOX 513 _ -
<br />(County)
<br />CAIRO - Nebraska_ 68824 -0513_
<br />(Address) (Cit)') (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 $25, 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(r) secured and you should include the final maturity date of such debt(s).)
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHrMO. FHA OR VA USE) (p gea 1 of 4
<br />1994 Bankers S,rems. Inc.. St eioud. MN Form OOP -RH T -NE 1113/99 'jws —)
<br />(M- C465(NE) (9992).01 VMP MORTGAGE FORMS- (800)521 -7291
<br />
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