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State of Nebraska <br />M <br />C <br />!m•1 Gn C� <br />n n <br />2 D <br />M CA <br />n S <br />r <br />C <br />N <br />f- <br />en <br />rn '� <br />t'n t• <br />U7 �t3 <br />r o <br />n <br />O <br />C <br />O <br />O -r? <br />r z' <br />r s> <br />u, <br />7: <br />r <br />vv <br />4A <br />Space Above This Line For Recording Data <br />01- 72053764 REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />EJ Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is06/24/2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:DANNY L MCMULLEN AND LEANNE M MCMULLEN . HUSBAND AND WIFE <br />1816 N SHERMAN CT <br />GRAND ISLAND, NE 68803 <br />Q 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 <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 SEVEN (7), IMPERIAL VILLAGE EIGHTH SUBDIVISION, CITY OF GRAND ISLAND, HALL <br />COUNTY. NEBRASKA. <br />The property is located in <br />Hall <br />(County) <br />at 1816 N SHERMAN CT <br />GRAND ISLAND Nebraska 68803 <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 LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $13 , 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 specifcally identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (poge 1 of 4) <br />(D 1994 Sankeis Systems, Inc.. St. Cloud, MN Form OCR - RFDi -NE 1118N9 <br />(M- C465(NE) (9902),01 VMP MORTGAGE FORMS - (800)521 7291 <br />N <br />O CID <br />CAD <br />O C. <br />N � <br />O h <br />CT) <br />iA <br />= <br />Cn <br />ca � <br />c <br />N CD <br />O <br />�r <br />'S <br />O <br />