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<br />State of Nebraska
<br />—Space Above This Line For Recording I'fn[a O
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />L DATE AND PARTIES. Ilie date of this Deed of Trust (Security Instrument) is Jun 17, 2002
<br />and IhC partirs. their addtes,es and tax identification numbers, if required, are as follows:
<br />TRUSTOR: John C Schaffert II and Myrna L Schaffert, Husband and wife
<br />204 Cede St
<br />Doniphan, NE 68832
<br />Ll If 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 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 I rustec, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />Lot 7, Block 8, Original Town, Doniphan, Hall County, Nebraska
<br />The property is located in HALL at 204 Cedar St
<br />county)
<br />Doniphan _ Nebraska 68832
<br />(Address) (City) (/III ('ode)
<br />Together with all rights, casements, 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. 'hhe total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ $14, 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), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the dehls he &nv it is
<br />suggested that rou include items .su(h av hoirow e s' tames, note amounts, interest rates, maturin, dates, ete.)
<br />A Promissory Note dated 06/17/2002
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHtMC. FHA oR VA USE) (page 1 of 4)
<br />1994 Bankers Systems. Inc. St. OoO MN( 1800 -39]- 2341) Fa,mRE -0T- NE10!27!9]
<br />(M- C165(NE) (9808).01 VMP MORTGAGE FORMS- (800)521 -]291
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />L DATE AND PARTIES. Ilie date of this Deed of Trust (Security Instrument) is Jun 17, 2002
<br />and IhC partirs. their addtes,es and tax identification numbers, if required, are as follows:
<br />TRUSTOR: John C Schaffert II and Myrna L Schaffert, Husband and wife
<br />204 Cede St
<br />Doniphan, NE 68832
<br />Ll If 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 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 I rustec, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />Lot 7, Block 8, Original Town, Doniphan, Hall County, Nebraska
<br />The property is located in HALL at 204 Cedar St
<br />county)
<br />Doniphan _ Nebraska 68832
<br />(Address) (City) (/III ('ode)
<br />Together with all rights, casements, 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. 'hhe total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ $14, 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), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the dehls he &nv it is
<br />suggested that rou include items .su(h av hoirow e s' tames, note amounts, interest rates, maturin, dates, ete.)
<br />A Promissory Note dated 06/17/2002
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHtMC. FHA oR VA USE) (page 1 of 4)
<br />1994 Bankers Systems. Inc. St. OoO MN( 1800 -39]- 2341) Fa,mRE -0T- NE10!27!9]
<br />(M- C165(NE) (9808).01 VMP MORTGAGE FORMS- (800)521 -]291
<br />O
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