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O° <br />I <br />X! <br />n C7 rn n (!� <br />Y <br />N i <br />m <br />t N <br />N d(n� O <br />P <br />Z� 11 <br />N <br />� -CC C> 0 o Cb <br />{ <br />C> CO <br />x fV CL <br />s m <br />—0 A m o <br />to i�Ii <br />�—' cn o c�a <br />CAP <br />Q-1te of Nebraska space Above This Line For Reeordft Dots <br />01- 7 2 0 5 3 6 81 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) is04/30/2002 _ _ ----------------- <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:GLORIA J JONES TRUSTEE OF THE W.N. JONES AND G.J. JONES TRUST <br />AN UNMARRIED WIDOW, <br />521 W 16TH STREET <br />GRAND ISLAND, NE 68801 <br />El 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 Trustoe 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 FIVE (5) IN BLOCK THREE (3). IN PARK PLACE ADDITION TO THE CITY OF GRAND <br />ISLAND. HALL COUNTY, NEBRASKA. <br />The property is located in ----- --- ---- - -- -- Hall_ - -- ------------------ at 521_W 16TH -STREET --------- <br />(County) <br />---------------------------- _ - - - - - , -------- GRAND_I$LAND-- - -____ -. Nebraska---- ----- - - -- <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 ar)y 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 s40_, 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 />NEBRASKA • HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA 00 VA USE) <br />Cj 1994 Sa*ert SyStemt, Inc, St. Cloud MN Form OCP- REDT -NE 1/13199 <br />(0•C465(NE) (9902)01 VMP MORTGAGE FORMS - (500)521.7291 <br />m <br />' 1 •ww: <br />