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r TRUSTEE: EARL D. AHLSCHWEDE, ATTORNEY BENEFICIARY: Squitable Federal Savings' bank of t r*ad Island 113 -IIS N. Locust 6treet Orand IslanAr— X6 68801 -6003 Organised and ' Existing Under the£ .Lairs o Tf, `,state of Nebraska 2. CONVEYANCE. For good and valuable consideration, the receipt and , suftiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security, Instrument,, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power. of sale, the following described property: LOT SEVEN (7), WESTWOOD PARR SIXTH SUBDIVISION iN THE CITY of apim ISLAM, HALL COUNTY. NEE tASAA. The property is located in ________________ _Hall - - - - - - - - - - - - - - - -, at 717_ -- - - - OD RD__ - -_ (County) -- - - - - - - --------------- - - - - -- ----- - - - - -- = - - -- Q�tA ��tsr . - - --- - __,Nebraska - --- 68803 - - - -- (Address) (City) (ZIP Cam) 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, struchwa. factures; 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 LP IIT, The total principal amount secure4 by this Security Instrument at any one time shall not exceed '$ ;_k. 19 - - - - - - ------------ . This limitation of amount does not . include interest and other fees and charges validly made pursuant to this Security Inshunm►t Also9 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 fol)ows: A. Debt incurred under the terms of all'promissory note(s), 'contract(s), guaranty(s) of outer evidence of debt described below and all their extensions, renewals, modifications or substitutipa4; (Wisen n#;erencing the, debts below it is suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) A Promissory Note dated MARCH 29, 2002 NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) 1P 4) 0 1994 Bankers Systems, Inc., St. Claud, MN (1 800397 -2341) Form RE -0T-NE 10/27/97 dft - C165(NE) (9808).01 VMPM— GAGE FO -k- 1800)521 -7291