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TRUSTOR: SCOTT T LAWS and KATHALINE M LAWS, husband and wife
<br />4107 W FAIDLEY AVE
<br />GRAND ISLAND, NE 68803
<br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 Truster'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 26. WESTWOOD PARK FOURTH SUBDIVISION IN GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in _ _ _ " __ -Hall at 4107 W FAIDLEY AVE
<br />(County)
<br />----- __ - - -_ GRAND_ ISLAND ----------- - - -- -- -Nebraska - ____ -- -68803
<br />------------------------- - - - - -- -
<br />---------------- - - - -
<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 LEWT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $$ 30- ,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 specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 06/12/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) STL (page of 4,J
<br />Q` 1994 Bankcs Sy s! em s, Inc., St Cloud, MN Form OCP- REDT -NE 1113199 (�
<br />(M-C466 (NE) (9902).01 VM P MORTGAGE FORMS - (309)521 -7291
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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />1
<br />E] Construction Security Agreement
<br />C
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJun-
<br />12_,_
<br />2002___
<br />and the parties, their addresses
<br />and tax identification numbers, if required, are as
<br />follows:
<br />_________
<br />________
<br />�J
<br />TRUSTOR: SCOTT T LAWS and KATHALINE M LAWS, husband and wife
<br />4107 W FAIDLEY AVE
<br />GRAND ISLAND, NE 68803
<br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<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 Truster'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 26. WESTWOOD PARK FOURTH SUBDIVISION IN GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in _ _ _ " __ -Hall at 4107 W FAIDLEY AVE
<br />(County)
<br />----- __ - - -_ GRAND_ ISLAND ----------- - - -- -- -Nebraska - ____ -- -68803
<br />------------------------- - - - - -- -
<br />---------------- - - - -
<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 LEWT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $$ 30- ,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 specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 06/12/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) STL (page of 4,J
<br />Q` 1994 Bankcs Sy s! em s, Inc., St Cloud, MN Form OCP- REDT -NE 1113199 (�
<br />(M-C466 (NE) (9902).01 VM P MORTGAGE FORMS - (309)521 -7291
<br />
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