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State of Nebraska Space Ahove This I1ne For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause) \,
<br />Construction Security Agreement �y
<br />L DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isApr 12, 2___00.2__ ___ _ v�
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: __ c3
<br />TRUSTOR:RICHARD E KOOL JR, and
<br />BONNIE JEAN ROOL, husband and wife,jointly and each in their own right,
<br />4253 SPUR IN
<br />GRAND ISLAND, NE 68803
<br />if checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Tierone Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 IN' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 SIXTEEN (16) IN WESTERN HEIGHTS THIRD SUBDIVISION, HALL COUNTY, NEBRASKA,
<br />The property is located in
<br />nail et 4253 SPUR LN
<br />__ ----- ----- ___ ----- _..___- ---- ---- - -- - --- --.. _ GRAND ISLAND - __.... , Nebraska _ 68803
<br />(Address) -_._ ....... -_.._
<br />(City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />Tights, ditches, and water stock and all existing and future improvements, structures, fidures, 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 Instndmem at arty one time
<br />shall not exceed $ a 40, 000.00 _ This limitation of amount does not include interest and other
<br />fees and charges valicity 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 alI 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 debt(s) secured and you should include the final maturity date ofrvch debt(s).)
<br />A Line Of credit Agreement dated 04/12/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />(]° 1994 Rankers Systems, Inc. , St. aoud, MN Form OCP- REDT -NE 1/13/99
<br />® ®C466(NE) (9902).01
<br />V M P MORTGAGE FORMS - (6001521-7291
<br />1 (page r, 41 .
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<br />State of Nebraska Space Ahove This I1ne For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause) \,
<br />Construction Security Agreement �y
<br />L DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isApr 12, 2___00.2__ ___ _ v�
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: __ c3
<br />TRUSTOR:RICHARD E KOOL JR, and
<br />BONNIE JEAN ROOL, husband and wife,jointly and each in their own right,
<br />4253 SPUR IN
<br />GRAND ISLAND, NE 68803
<br />if checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Tierone Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 IN' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 SIXTEEN (16) IN WESTERN HEIGHTS THIRD SUBDIVISION, HALL COUNTY, NEBRASKA,
<br />The property is located in
<br />nail et 4253 SPUR LN
<br />__ ----- ----- ___ ----- _..___- ---- ---- - -- - --- --.. _ GRAND ISLAND - __.... , Nebraska _ 68803
<br />(Address) -_._ ....... -_.._
<br />(City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />Tights, ditches, and water stock and all existing and future improvements, structures, fidures, 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 Instndmem at arty one time
<br />shall not exceed $ a 40, 000.00 _ This limitation of amount does not include interest and other
<br />fees and charges valicity 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 alI 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 debt(s) secured and you should include the final maturity date ofrvch debt(s).)
<br />A Line Of credit Agreement dated 04/12/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />(]° 1994 Rankers Systems, Inc. , St. aoud, MN Form OCP- REDT -NE 1/13/99
<br />® ®C466(NE) (9902).01
<br />V M P MORTGAGE FORMS - (6001521-7291
<br />1 (page r, 41 .
<br />now
<br />
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