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State of Nebraska Space Above This Line For Recording Data <br />01- 72053707 REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement ` <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is05/24_/2.0.0.2_ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:STEVEN G LEE and CHRISTINE K LEE . HUSBAND AND WIFE <br />3406 S BLAINE ST <br />GRAND ISLAND. NE 68801 <br />01f 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, 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 />SEE ATTACHED EXHIBIT "A" <br />The property is located in - Hall - - at 3406 S BLAINE -ST - <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 $43, 500.00 . 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 MOT FOR FNMA, FHLMC, FHA OR VA USE) ,./.t (ppge <br />© 1994 Brokers Systems, Inc.. 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The date of this Deed of Trust (Security Instrument) is05/24_/2.0.0.2_ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:STEVEN G LEE and CHRISTINE K LEE . HUSBAND AND WIFE <br />3406 S BLAINE ST <br />GRAND ISLAND. NE 68801 <br />01f 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, 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 />SEE ATTACHED EXHIBIT "A" <br />The property is located in - Hall - - at 3406 S BLAINE -ST - <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 $43, 500.00 . 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 MOT FOR FNMA, FHLMC, FHA OR VA USE) ,./.t (ppge <br />© 1994 Brokers Systems, Inc.. St. Cloud MN Form OCP- REDT -NE 1/13N9 <br />®-C466(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />