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m 0 o ca _ P) o � _ N w c> W o !s1 4 mz= �. > pp N CJ ,ly ..tom^" 7m. cYt O J IV PIC 1 State of Nebraska Space Above Tilts Une For Recording Data REAL ESTATE DEED OF TRUST (With Future Advance Clause) ` '0 Construction Security Agreement 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJun 21,__ 2002 and the parties, their addresses and tax identification numbers, if required, are as follows: TRUSTOR: CHARLES R ANDERSON and SILLI L ANDERSON, husband and wife 604 W AVE GRAND ISLAND, HE 68803 0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: Tierone Bank P.O. Box 83009 1235 'N' Street Lincoln, HE 68501 BENEFICIARY: TierOne Bank 1235 'N' -St / PO Box 83009 Lincoln,... HE .68501 Organized and Existing Under the Laws of the United States of America 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: LOT 16, IN WEST HEIGHTS SECOND ADDITION TO THE CITY AF GRAND ISLAND, HALL COUNTY, NE. The property is located in- --------- ----- --- Hail------- --- -- - -- -- -------at604 WAVE (County) - --- -- GRAND_ ISLAND......... --- Nebraska.......... 68803 -' (Address) (City) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed $ $20,000 . -00 __--- - - - - -. This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s) secured and you should include the final maturity date of such debt(s).) A. Line of Credit Agreement dated 06/21/2002 NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 F4) (D 199E Bankers Systems Inc, St. Cloud, MN Form OCP- REDT -NE 1113199 9M- C468(NE) (99o2pi VM P MORTGAGE FORMS- (800)521 -7291