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<br />State of Nebraska Space Above This Line For Recording Data
<br />01- 74052058 REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is03 /26/_2002 --------------
<br />and the parties, then addresses and tax identification numbers, if required, are as follows:
<br />a
<br />TRUSTOR:STEPHANIE L MCCONNELL AN UNMARRIED PERSON,
<br />2411 N LOCUST ST
<br />GRAND ISLAND, NE 68801
<br />❑ 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
<br />Grand Island. NE 68801 -6003
<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 14, EXCEPT FOR THE SOUTH 5 FEET OF KNICKREHM 7TH SUBDIVISION, GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The property is located in Hal l __________________at_241_1_N_ LOCUST ST ------
<br />-
<br />--------- - - - - --
<br />(County)
<br />----- ---- GRAND-ISLAND ---------- Nebraska - - -- _68801 ----
<br />(Address) (City) (Lip 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 S 2. 325.00 . 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 specffecally identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT BEER BF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) -6pcge I of 4)
<br />© 1999 Bonkers Systems, Inc., St. CINd, MN Form OCPRREDT -NE 1/ISA9 ' , /
<br />®®C465(NE) (9902).01 VM P MORTGAGE FORMS - (800)521 -7291
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<br />State of Nebraska Space Above This Line For Recording Data
<br />01- 74052058 REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is03 /26/_2002 --------------
<br />and the parties, then addresses and tax identification numbers, if required, are as follows:
<br />a
<br />TRUSTOR:STEPHANIE L MCCONNELL AN UNMARRIED PERSON,
<br />2411 N LOCUST ST
<br />GRAND ISLAND, NE 68801
<br />❑ 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
<br />Grand Island. NE 68801 -6003
<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 14, EXCEPT FOR THE SOUTH 5 FEET OF KNICKREHM 7TH SUBDIVISION, GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The property is located in Hal l __________________at_241_1_N_ LOCUST ST ------
<br />-
<br />--------- - - - - --
<br />(County)
<br />----- ---- GRAND-ISLAND ---------- Nebraska - - -- _68801 ----
<br />(Address) (City) (Lip 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 S 2. 325.00 . 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 specffecally identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT BEER BF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) -6pcge I of 4)
<br />© 1999 Bonkers Systems, Inc., St. CINd, MN Form OCPRREDT -NE 1/ISA9 ' , /
<br />®®C465(NE) (9902).01 VM P MORTGAGE FORMS - (800)521 -7291
<br />BOB
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