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L <br />D <br />°I <br />^D <br />M <br />m <br />rn <br />m <br />C <br />n <br />imp <br />Stale of Nehra. \ka Spaee Ahove'I'hi.c Line For me —ihna Dui: <br />DEED OF TRUST <br />_ (With Future Adranre Clause) <br />1 Construction Security Agreement <br />1. DATE AND PARTIES The date cfthis Eked ofTrusl (Security Instrument) is May 31, 2002 <br />and the parries. their, addresses and tax identification numbers, if required, arc as follows: <br />TROSTOR: DOLE R ICHTERTZ, A SINGLE PERSON <br />716 ALPHA ST <br />GRAND ISLAND, NE 68803 <br />-f0 SO <br />If checked, refer m the attached Addendum incorporated herein, for additional Tru.shas. their signatures and <br />acknowledgments_ <br />IRUSILG <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. I., good and valuable consideration, the receipt and sufficiency IT which is ncknowledged, and to <br />secure the Secured Deht (dcfinal below) and Tiustor s pertonnance under this Security Instrument, Truster irrevocably <br />grants, conveys and sells to Trustec, in trust for the benefit of Benefidary, with power of sale, lhu following described <br />property'. <br />LOT FOUR (4), MEDICAL PARK FOURTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall at 716 ALPHA $T <br />GRAND ISLAND Nebraska 68803 <br />tAaar�ol Uilll I /II' C oJe1 <br />fOgether 4, th all right , eaRemOnt,, appurtenances, iovaltle5. mlllerol rights. oil and gas rights. all water and riparian <br />right" ditches, and water crock and all existing and future improvements, atrucftrcx, fixtu us. and replacennenls that may <br />now, or at any time in the tumre, he part of the real estate described above (ull referred to os "Prropert)")- <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security In.tnunent at any one time shall <br />not exceed S $245, 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 advw¢es made under <br />the tens of tlu, Su.uufy Instrument to protud Beneficiary's security and m pert.Un any ofthe covenant, contained in this <br />Security Instrument, <br />4. SECURED DEBT AND HAITI; RE ADVANCES. The teen "Secured Debt" is defined as follows'. <br />A. Dcbt incurred under the terms of all Promissory note (s), contrnct(v), guaranty(.,) or other evidence c f debt described <br />helow and all their extensions, rcuewuls, modifications or substitutions_ (When r,JdrenrOrg the dohtt holm, a G' <br />mlggerled that I ml melonI. lrrvmv vurh rev horrulvrrs' n,,n,.. now umnunte, inter e,f rut(, mater i0' dmec. etc. ) <br />A Promissory Note dated 05/31/2002 <br />NEBRASKA DEED OF TRUST crT roc Fwnn. Fntmv. III oa vn IS" <br />ID 11111 -'essl S. Inc.. 51 Ga N t1l It1 -20 lllNl11 11 11 <br />40- CI65(NE)'1e11 o GFnLFORMa UUU 1sn -F2t <br />c <br />lPa9y <br />n <br />n <br />c <br />c, o <br />T <br />I <br />m <br />C <br />x <br />CID <br />O <br />T <br />n <br />N <br />x <br />�' <br />'row <br />o � <br />° <br />4 <br />ac <br />CSC <br />T -. <br />N <br />41 <br />x m <br />J <br />Co <br />CO <br />0 <br />2OO2O6O7S <br />Stale of Nehra. \ka Spaee Ahove'I'hi.c Line For me —ihna Dui: <br />DEED OF TRUST <br />_ (With Future Adranre Clause) <br />1 Construction Security Agreement <br />1. DATE AND PARTIES The date cfthis Eked ofTrusl (Security Instrument) is May 31, 2002 <br />and the parries. their, addresses and tax identification numbers, if required, arc as follows: <br />TROSTOR: DOLE R ICHTERTZ, A SINGLE PERSON <br />716 ALPHA ST <br />GRAND ISLAND, NE 68803 <br />-f0 SO <br />If checked, refer m the attached Addendum incorporated herein, for additional Tru.shas. their signatures and <br />acknowledgments_ <br />IRUSILG <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. I., good and valuable consideration, the receipt and sufficiency IT which is ncknowledged, and to <br />secure the Secured Deht (dcfinal below) and Tiustor s pertonnance under this Security Instrument, Truster irrevocably <br />grants, conveys and sells to Trustec, in trust for the benefit of Benefidary, with power of sale, lhu following described <br />property'. <br />LOT FOUR (4), MEDICAL PARK FOURTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall at 716 ALPHA $T <br />GRAND ISLAND Nebraska 68803 <br />tAaar�ol Uilll I /II' C oJe1 <br />fOgether 4, th all right , eaRemOnt,, appurtenances, iovaltle5. mlllerol rights. oil and gas rights. all water and riparian <br />right" ditches, and water crock and all existing and future improvements, atrucftrcx, fixtu us. and replacennenls that may <br />now, or at any time in the tumre, he part of the real estate described above (ull referred to os "Prropert)")- <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security In.tnunent at any one time shall <br />not exceed S $245, 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 advw¢es made under <br />the tens of tlu, Su.uufy Instrument to protud Beneficiary's security and m pert.Un any ofthe covenant, contained in this <br />Security Instrument, <br />4. SECURED DEBT AND HAITI; RE ADVANCES. The teen "Secured Debt" is defined as follows'. <br />A. Dcbt incurred under the terms of all Promissory note (s), contrnct(v), guaranty(.,) or other evidence c f debt described <br />helow and all their extensions, rcuewuls, modifications or substitutions_ (When r,JdrenrOrg the dohtt holm, a G' <br />mlggerled that I ml melonI. lrrvmv vurh rev horrulvrrs' n,,n,.. now umnunte, inter e,f rut(, mater i0' dmec. etc. ) <br />A Promissory Note dated 05/31/2002 <br />NEBRASKA DEED OF TRUST crT roc Fwnn. Fntmv. III oa vn IS" <br />ID 11111 -'essl S. Inc.. 51 Ga N t1l It1 -20 lllNl11 11 11 <br />40- CI65(NE)'1e11 o GFnLFORMa UUU 1sn -F2t <br />c <br />lPa9y <br />