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�M <br />State of Nebraska <br />n <br />rn <br />an <br />X <br />A <br />rn <br />f1 Z <br />D 7._ <br />T <br />n <br />2 <br />-� <br />CD <br />c� cn <br />N <br />O — <br />M <br />in <br />n <br />X � <br />n <br />z -I <br />rn <br />o <br />CD <br />O T <br />m <br />o <br />R <br />v <br />a m <br />n <br />r;X1 <br />o <br />r n <br />W <br />N <br />7; <br />�> <br />Ln <br />cn <br />(n <br />Space Above This Line For Recording Data — <br />rrt <br />C <br />o -1 <br />CD <br />N C. <br />CD � <br />O <br />N C41A <br />O L° <br />C.0 <br />ca <br />cn 51 <br />:• - <br />01- 61804521 DEED OF TRUST <br />(With Future Advance Clause) 200203582 <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 28._ 2002 ------------------ 1 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: O <br />TRUSTOR: PAUL M COAN, and and JUDY J COAN. HUSBAND AND WIFE. <br />1408 WALNUT ST <br />WOOD RIVER. NE 68883 <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 />113:003111001 VA <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). BLOCK ONE (1), EAST NORTH LAWN ADDITION TO THE VILLAGE OF WOOD RIVER, <br />HALL COUNTY. NEBRASKA. <br />The property is located in ----------- Hall------------------ at 1408 WALNUT ST <br />(County) <br />--------- WOOD-RIVER _---------- Nebraska 68883 <br />(Address) (City) (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. MAIOMUM OBLIGATION LEffr. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed S $18, 706.57 . This limitation of amount does not include interest and other fees <br />.-------------- -- <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 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 described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 03/28/2002 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �Lpvv (fig ] Q <br />0 1994 BMWs Sysiems, Inc.. St, Cloud MN (1- 800 - 397 -2341) Form RE -DT -NE I0tt7/97 M6 C.If('M(1— ��/IfV) <br />® ®C765(N E( (9008 ).OI VMP MORTGAGE FORMS - (800)521 -7291 <br />0 e• <br />