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z' <br />q <br />m <br />M <br />n <br />c <br />z <br />N <br />State of Nebraska <br />M <br />M <br />n x <br />J �+ <br />� 6 <br />c <br />N <br />t--� <br />ry <br />3 <br />t--) <br />O <br />C� (n <br />O <br />C) +� <br />tT: <br />a co <br />r � <br />r 3s <br />cn <br />A <br />N <br />Eft <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />L DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Tun_ 05,_ 2002 <br />and the parties, their addresses mid tax identification numbers, if required, are as follows: <br />TRUSTOR: GREG MEAD <br />KATHLEEN MEAD, HUSBAND AND WIFE <br />4215 N AIRPORT RD <br />GRAND ISLAND, NE 68803 <br />0 <br />N <br />O <br />O <br />N <br />0 <br />N <br />S <br />C.0 <br />0 <br />W <br />V�d <br />H <br />t�L <br />O <br />71 If checked, refer to the attached Addendum incorporated herein, for additional Trusters, 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 Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <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 EXHIBIT "A" ATTACHED <br />The property is located in Hall at 4215 N AIRPORT RD <br />(C"unty) <br />GRAND ISLAND, Nebraska 68803 <br />(Address) (City) (LIP ( "de) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gaff rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, aid 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 shall <br />not exceed $ $20, 070. 50 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- 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), guarartty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />.suggested that you include items such as horrowerx' names, note amounts, interest rates, maturity dater, etc.) <br />A Promissory Note dated 06/05/2002 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FH LM C. FHA 0 VA USE) <br />O 1994 Bankers Syslems, Irc, St Cloud, MN (1- 800 -39] -2341) Form RE -DT -NE 1012]!9] <br />(M - C165(N E) (9Bo 8 6o1 V M P M ORTGA GE FORM 5- (800(521 -]291 <br />Fe <br />-k -M M (page 1 of 4 <br />