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DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement w <br />0 <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 18, 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows o <br />TRUSTOR: DANIEL W FOGLAND and CHRISTINE A FOGLAND, HUSBAND AND WIFE <br />4604 LAKESIDE DRIVE <br />GRAND ISLAND, NE 68801 <br />EJ 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 />LOT SEVEN (7), HIDDEN LAKES SUBDIVISION NUMBER TWO, HALL COUNTY, NEBRASKA. <br />The property is located in Hall _ at 4604 LAKESIDE DRIVE <br />(County) <br />GRAND ISLAND Nebraska 68801 <br />[Addressl filly) - <br />(LIP (ode) <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 tune 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 $30, 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 Instrtument. <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 of substitutions. (When referencing the debt.s helom it in <br />suggeyted that rou include items such as horrox ers' names, now amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 03/18/2002 <br />NEBRASKA - DEED OF TRUST %NOT FOR FNMA. FHLMC. FHA OR VA USE) /(page 1 of 4) <br />Q 1994 Bankers Systems. Inc.. SI. Clouo. MN 11500 -39] -23411 Form RE -pT -NE 10;27 97 ` ' /�� <br />M -C1 65(NE) 198031.91 VMP MORTGAGE FORMS - (8001521 -191 �� <br />M <br />(1 <br />!', <br />c <br />� (./ <br />o <br />T ,? <br />o n <br />R <br />CD <br />C D <br />t, <br />m <br />(n <br />oT <br />CD <br />ego <br />oa <br />F— v <br />C* <br />I <br />Cr) <br />N <br />(D <br />kki <br />to <br />O <br />State of Nebraska <br />— <br />Space Above This <br />Line For <br />Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement w <br />0 <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 18, 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows o <br />TRUSTOR: DANIEL W FOGLAND and CHRISTINE A FOGLAND, HUSBAND AND WIFE <br />4604 LAKESIDE DRIVE <br />GRAND ISLAND, NE 68801 <br />EJ 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 />LOT SEVEN (7), HIDDEN LAKES SUBDIVISION NUMBER TWO, HALL COUNTY, NEBRASKA. <br />The property is located in Hall _ at 4604 LAKESIDE DRIVE <br />(County) <br />GRAND ISLAND Nebraska 68801 <br />[Addressl filly) - <br />(LIP (ode) <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 tune 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 $30, 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 Instrtument. <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 of substitutions. (When referencing the debt.s helom it in <br />suggeyted that rou include items such as horrox ers' names, now amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 03/18/2002 <br />NEBRASKA - DEED OF TRUST %NOT FOR FNMA. FHLMC. FHA OR VA USE) /(page 1 of 4) <br />Q 1994 Bankers Systems. Inc.. SI. Clouo. MN 11500 -39] -23411 Form RE -pT -NE 10;27 97 ` ' /�� <br />M -C1 65(NE) 198031.91 VMP MORTGAGE FORMS - (8001521 -191 �� <br />