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m n n <br />T x <br />f7 C m uDi <br />w7 Z n 2 <br />t�x <br />c <br />N <br />o N-i <br />o rri <br />rn <br />O .�°•S <br />9= <br />T <br />CD <br />h <br />T 2 <br />N <br />Cn <br />rn <br />rn <br />3 <br />n Q <br />r x <br />C <br />y <br />o <br />r- <br />tV <br />� <br />N C <br />A <br />co <br />f1l <br />v v <br />Co <br />~ <br />rn <br />CA <br />Z <br />t� <br />State of Nebraska Space Above This Line For Recording Data <br />01- 72053657 <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is04/12/2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:LANCE R LAMERS and SHELLY G LAMERS HUSBAND AND WIFE, <br />3111 DIXIE SQUARE <br />GRAND ISLAND, NE 68803 <br />Q 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, Truster 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 TWO (2), COLONIAL ESTATES NINTH SUBDIVISION IN THE CITY OF GRAND ISLAND,HALL <br />COUNTY, NEBRASKA. <br />The property is located in --- - - - - -- Hall_ _________________at 3111 DIXIE SQUARE -- - - - - -- <br />-- ------- - - - - -- <br />(County) <br />---------- --- --- -- - - -- GRAND ISLAND Nebraska 68803 <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. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $30,800.00 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 debt(s) secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - NOME EaURY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE) <br />(D 1994 Bankers Systems, Inc., St. Cloud, AN Form OCP- REDT -NE I /I 3R9 <br />C465fNE) (9982).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />W <br />