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<br />Slate of Nebraska Space Above This Line For Recording Data
<br />03- 91804635 DEED OF TRUST
<br />(With Future Advance Clause) _
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrwuent) is May 2.2_,. 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRIISTOR: DOUGLAS R MENDYK
<br />BARBARA S MLNDYK. HUSBAND 8, WIFE
<br />419 W 17TH ST
<br />GRAND ISLAND. NE 68801
<br />0lf checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTER:
<br />Earl D Ahlschwede, Attorney
<br />BENEFICIARY:
<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 umsidemtion, 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 fir Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT THREE (3), MENDYK SUBDIVISION. IN THE CITY OF GRAND ISLAND. HALL COUNTY,
<br />NEBRASKA
<br />The property is located in - _ Hall - _ _. _ at 101.9 E 4TH ST
<br />(C",any)
<br />GRAND ISLAND _ _ , Nebraska_ 68801
<br />_- (Address) (City) (7 iPCade)
<br />Together with all rights, easements, appurtemutces, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, struenues, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the reel estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Inshument at any one time shall
<br />not exceed S $60. 000.00 . This limitation of amount does not include interest and other fees
<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 ANT) FUTURE ADVANCES. the term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), Conn ict(s), guar aity(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (G)7ien 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 05/22/2002
<br />NEBRASKA - DEED OF TRUST (NOT FDR FNMA. F4IMe. FHACU VAast)
<br />Q 1991 emvyisSpininn. loc. 11 UblU M1 (1- 000-397 -2-331 ) rol RE DT Nr 10,21PI
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<br />Slate of Nebraska Space Above This Line For Recording Data
<br />03- 91804635 DEED OF TRUST
<br />(With Future Advance Clause) _
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrwuent) is May 2.2_,. 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRIISTOR: DOUGLAS R MENDYK
<br />BARBARA S MLNDYK. HUSBAND 8, WIFE
<br />419 W 17TH ST
<br />GRAND ISLAND. NE 68801
<br />0lf checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTER:
<br />Earl D Ahlschwede, Attorney
<br />BENEFICIARY:
<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 umsidemtion, 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 fir Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT THREE (3), MENDYK SUBDIVISION. IN THE CITY OF GRAND ISLAND. HALL COUNTY,
<br />NEBRASKA
<br />The property is located in - _ Hall - _ _. _ at 101.9 E 4TH ST
<br />(C",any)
<br />GRAND ISLAND _ _ , Nebraska_ 68801
<br />_- (Address) (City) (7 iPCade)
<br />Together with all rights, easements, appurtemutces, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, struenues, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the reel estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Inshument at any one time shall
<br />not exceed S $60. 000.00 . This limitation of amount does not include interest and other fees
<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 ANT) FUTURE ADVANCES. the term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), Conn ict(s), guar aity(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (G)7ien 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 05/22/2002
<br />NEBRASKA - DEED OF TRUST (NOT FDR FNMA. F4IMe. FHACU VAast)
<br />Q 1991 emvyisSpininn. loc. 11 UblU M1 (1- 000-397 -2-331 ) rol RE DT Nr 10,21PI
<br />®' C165(NE)(9P00) 01 VMP MCAT GAGF FORMR n( [))021 -729'
<br />pTWa)
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