1
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is03/11/20.0.2
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:RUSSELL R SCHULTZ HUSBAND AND WIFE SHARON J SCHULTZ HUSBAND AND WIFE
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<br />2410 WEST ANNA
<br />GRAND ISLAND, NE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street
<br />Grand Island, NE 68801
<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 />EAST SIXTY -TWO FEET (621) OF LOT TWENTY -SIX (26) AND ALL OF LOT TWENTY -SEVEN (27)
<br />BLOCK TWO (2) PARKHILL SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br />The property is located in _ -__- -- -Hall ___ ____ ____ at 2410 WEST ANNA
<br />P P Y - - - - - -- - - --
<br />(County)
<br />GRAND ISLAND_ - . - , Nebraska - - - - 68803__
<br />- (Address) - - - (City) ( )
<br />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 $50, 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 debts) 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, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13199
<br />- C465(NE) (9902).02 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 />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is03/11/20.0.2
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:RUSSELL R SCHULTZ HUSBAND AND WIFE SHARON J SCHULTZ HUSBAND AND WIFE
<br />Q
<br />N
<br />O
<br />O
<br />N
<br />O
<br />W
<br />Q)
<br />2410 WEST ANNA
<br />GRAND ISLAND, NE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street
<br />Grand Island, NE 68801
<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 />EAST SIXTY -TWO FEET (621) OF LOT TWENTY -SIX (26) AND ALL OF LOT TWENTY -SEVEN (27)
<br />BLOCK TWO (2) PARKHILL SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br />The property is located in _ -__- -- -Hall ___ ____ ____ at 2410 WEST ANNA
<br />P P Y - - - - - -- - - --
<br />(County)
<br />GRAND ISLAND_ - . - , Nebraska - - - - 68803__
<br />- (Address) - - - (City) ( )
<br />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 $50, 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 debts) 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, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13199
<br />- C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291
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