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State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST "�a • Sd <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isMay_ 01,, _2002 - - - - _ - <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:DUANE A BUSS, AND and GRETCHEN R BUSS, HUSBAND AND WIFE <br />1128 S CHERRY <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 />TierOne Bank <br />P.O. Box 83009 1235 'N' Street <br />Lincoln, NE 68501 <br />BENEFICIARY: <br />TierOne Bank <br />1235 'N' 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 FIFTEEN (15) IN FONNER VIEW SUBDIVISION, AS ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 1128 S CHERRY <br />(County) <br />GRAND - ISLAND-------- , Nebraska 68801 <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 $ $20l 000.00 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 />A Line of Credit Agreement dated 05/01/2002 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />( 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 04 . '� rb <br />(0 C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />C=) <br />N <br />C7 U) <br />'TN <br />m <br />> <br />G <br />m <br />to <br />� <br />n <br />A <br />z <br />:V <br />� <br />� <br />� M <br />o ° <br />p <br />o <br />_ <br />o <br />Cry <br />-n <br />ry =6 <br />LIB <br />O Vj <br />C» <br />pp y <br />n <br />C=) <br />P. <br />Cn <br />Cn <br />Cn ' <br />GoD <br />re <br />©u <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST "�a • Sd <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isMay_ 01,, _2002 - - - - _ - <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:DUANE A BUSS, AND and GRETCHEN R BUSS, HUSBAND AND WIFE <br />1128 S CHERRY <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 />TierOne Bank <br />P.O. Box 83009 1235 'N' Street <br />Lincoln, NE 68501 <br />BENEFICIARY: <br />TierOne Bank <br />1235 'N' 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 FIFTEEN (15) IN FONNER VIEW SUBDIVISION, AS ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 1128 S CHERRY <br />(County) <br />GRAND - ISLAND-------- , Nebraska 68801 <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 $ $20l 000.00 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 />A Line of Credit Agreement dated 05/01/2002 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />( 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 04 . '� rb <br />(0 C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />