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State of Nebraska <br />n z <br />M <br />M <br />T <br />C <br />Z <br />0 <br />to <br />200206324 <br />WE <br />1 / 1 <br />x <br />c <br />n cn <br />N <br />CD <br />7 <br />2E <br />rn <br />W <br />T. <br />i/ <br />3 <br />r co <br />G o <br />N <br />va <br />v <br />!J <br />v <br />rn <br />rA <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is05/31/2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />I'RUSTOR:RANDY A LEISER MARY E LEISER HUSBAND AND WIFE <br />64 <br />O <br />O <br />N <br />O <br />M <br />W <br />N <br />4016 EDNA DR <br />GRAND ISLAND, NE 68803 -4801 <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 />LOT TWO (2) IN BLOCK TWO (2), IN GOSDA SUBDIVISION PART OF THE SOUTHEAST QUARTER <br />OF THE NORTHEAST QUARTER (SE1 /4NE1 /4) OF SECTION TWENTY THREE (23), TOWNSHIP <br />ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH PM, IN HALL COUNTY, NEBRASKA <br />The property is located in Hal l <br />_ _____ <br />_-. (Count)) <br />at 4016 EDNA DR <br />GRAND ISLAND Nebraska 68803 -4801 <br />(Address) (( ity) (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 nine <br />shall not exceed S 10, 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 sywcificallr identifv <br />the debt(v)secured and rou should include the final maturity date nf.cuch dehf(r).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FRrMc FHA OR VA USE) a 1 of ) <br />C ) 1994 Barkers Systems, Inc, 51. Gloed- MN Farm OCP- REDT -NE 1!13,'99 <br />(M-C465(NE) (9902 .01 VMP MORTGAGE FORMS - (900)521 -]291 <br />ID <br />RIc-`O <br />O. <br />H <br />Z <br />f7 <br />