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rn "n = D C2 CD N o _^ o c 1�1 r ::L OWan r'm cn [D Cn C v c� GJ .D. Cfl (n yr State of Nebraska Space Above 'Phis tine For Recording Data co DEED OF TRUST (With Future Advance Clause) 0 Construction Security Agreement 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrtmient) is Mar 15, 2002 and the parties, their addresses and tax identification numbers, if required, are as follows: TRUSTOR: GARY W SCHWIEGER, A SINGLE PERSON 405 ARAPAHOE O GRAND ISLAND, NE 68803 If checked, refer to the attached Addendum incorporated herein.. for additional Trustors, their signatures and acknowledgments. TRUSTEE: Earl D Ahlechwede, Attorney BENEFICIARY: Equitable Federal Savings Bank of Grand Island 113 -115 N. Locust Street Grand Island. NE 68801 -6003 Organized and Existing Under the Laws of The State of Nebraska 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Truster irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: LOT TWELVE (12), BLOCK TWO (2), DALE ROUSH SECOND SUBDIVISION TO HALL COUNTY, NEBRASKA, BEING: A PART OF THE EAST HALF OF THE SOUTHWEST QUARTER (E1 /2SW1 /4) OF SECTION FOURTEEN (14) TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA. The property is located in Hall at 405 ARAPAHOE (County) GRAND ISLAND Nebraska 68803 (Address) (01 )) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property")- 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed $ $3, 095.75 This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is yuggcstetl that nau include items such as borrowers' nanwv, note amounts, interest rates. maturi(v dater, etc.) A Promissory Note dated 03/15/2002 NEBRASKA -DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE) Q 1994 Bankers Systems, Inc„ $I. Cloud. MN (1- 800 -397 -2341) Farm RE -DT -NE 10127:97 - C.166(NE) 199o8).01 VMF MORTGAGE FORMS - (800)521 7291 4a(page I of 4)