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2309 W. DIVISION <br />GRAND ISLAND. NE 68803 <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, 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 TEN (10). BLOCK FIFTEEN (15), ASHTON PLACE, AN ADDITION TO THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND PARCEL 2: LOT TWO (2). IN <br />FRACTIONAL BLOCK TWO (2), ASHTON PLACE. AN ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA <br />The property is located in - - - - - Hall at 2309 W DIVISION & 2.7.17_ W <br />(County) <br />F I RST 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 $19, - 75 - 0.00 - - - . This limitation of amount does not include interest and other <br />fees and charges validly ade 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(s) secured and you should include the final maturity date ofsuch debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) q�—� <br />p Of 4) <br />1994 Bankers Systems, Inc.. St. Cloud MN Form OCP- RECT -NE 1 /13/99 <br />® ®C465(NE) (9902).07 VMP MORTGAGE FORMS - (800)521 -7291 <br />i n r <br />M z y <br />n <br />n <br />_ <br />C>D <br />i <br />N <br />CD —H <br />CD <br />trZ <br />M <br />_E3 <br />)a <br />N <br />O <br />' ,1 s <br />N <br />O <br />'TI z <br />O <br />N <br />y <br />Cr <br />rn ., <br />Z <br />)> m <br />o <br />rn <br />L3 <br />r z <br />eo <br />\ <br />W <br />r )> <br />[n <br />N <br />__j <br />Q <br />� <br />Z <br />C.11 <br />-17 <br />0 <br />VI <br />200202744 <br />N <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) is03/05/_2.00.2_ <br />° <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:ROBERT J TESMER and EILEEN B TESMER HUSBAND AND WIFE <br />2309 W. DIVISION <br />GRAND ISLAND. NE 68803 <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, 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 TEN (10). BLOCK FIFTEEN (15), ASHTON PLACE, AN ADDITION TO THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND PARCEL 2: LOT TWO (2). IN <br />FRACTIONAL BLOCK TWO (2), ASHTON PLACE. AN ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA <br />The property is located in - - - - - Hall at 2309 W DIVISION & 2.7.17_ W <br />(County) <br />F I RST 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 $19, - 75 - 0.00 - - - . This limitation of amount does not include interest and other <br />fees and charges validly ade 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(s) secured and you should include the final maturity date ofsuch debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) q�—� <br />p Of 4) <br />1994 Bankers Systems, Inc.. St. Cloud MN Form OCP- RECT -NE 1 /13/99 <br />® ®C465(NE) (9902).07 VMP MORTGAGE FORMS - (800)521 -7291 <br />