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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 <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 <br />co <br />t�D <br />tQ. <br />a <br />CIO <br />C3 <br />Nom"„ <br />C <br />CD <br />am <br />0 <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 <br />m <br />M <br />= <br />D <br />° <br />n rn <br />\ <br />\\ <br />T <br />M <br />CP <br />r\:) <br />olw —t <br />\1 \ <br />M <br />= <br />N <br />�' <br />N <br />pp�1 <br />Z <br />rr, <br />rn <br />r*1 <br />:3 <br />r D <br />Gn <br />Co <br />D <br />� <br />vu <br />W <br />U9 <br />C/> <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 <br />co <br />t�D <br />tQ. <br />a <br />CIO <br />C3 <br />Nom"„ <br />C <br />CD <br />am <br />0 <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 <br />m <br />