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DEED OF TRUST
<br />(With Future Advance Clause)
<br />17 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 27, 2002
<br />and the par ties. their addresses and lax identification numbers, if required, are as follows:
<br />TRUSTOR: ROBERT RIEDY and KRISTEN RIEDY, Husband and Wife
<br />4057 Zola Ln
<br />Grand Island, NE 68803
<br />If checked, refer to the attached Addendum incorporated herein, for additional 1Yustors, their signatures and
<br />acknowledgments.
<br />TRUSFFF:
<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 Truster's performance under this Security Instrument, "frustor irrevocably
<br />gi ants. conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT 14 AND E1 /2 OF LOT 13, BLOCK 10, BOGGS AND HILL'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property in located in Hall at 2012 W 10th ST
<br />C ounty l
<br />Grand Island Nebraska 68803
<br />(Address) (City) ( /IP (ode)
<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 shall
<br />not exceed S $5, 087 .00 . 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. SECt!RF.D 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. (WTren referencing the dehty below it is
<br />suggested that yon include itein.c such m horrmt ery' names. note amounts, interest rates, rnaturitr dates, etc.)
<br />A Promissory Note dated 06/27/2002
<br />NEBRASKA -DEED OF TRUST INOT FOR FNMA. FHLMC. FHA oR VA USE, (page 4)
<br />01994 Bankers Systems, Inc .. St Ooutl MN it -80; -597 -2'41) Form REOT -NE 12/27197
<br />IM -cl 65(NE) 19998; Al VMP MORTGAGE FORMS - (800)521 -7291
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />17 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 27, 2002
<br />and the par ties. their addresses and lax identification numbers, if required, are as follows:
<br />TRUSTOR: ROBERT RIEDY and KRISTEN RIEDY, Husband and Wife
<br />4057 Zola Ln
<br />Grand Island, NE 68803
<br />If checked, refer to the attached Addendum incorporated herein, for additional 1Yustors, their signatures and
<br />acknowledgments.
<br />TRUSFFF:
<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 Truster's performance under this Security Instrument, "frustor irrevocably
<br />gi ants. conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT 14 AND E1 /2 OF LOT 13, BLOCK 10, BOGGS AND HILL'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property in located in Hall at 2012 W 10th ST
<br />C ounty l
<br />Grand Island Nebraska 68803
<br />(Address) (City) ( /IP (ode)
<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 shall
<br />not exceed S $5, 087 .00 . 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. SECt!RF.D 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. (WTren referencing the dehty below it is
<br />suggested that yon include itein.c such m horrmt ery' names. note amounts, interest rates, rnaturitr dates, etc.)
<br />A Promissory Note dated 06/27/2002
<br />NEBRASKA -DEED OF TRUST INOT FOR FNMA. FHLMC. FHA oR VA USE, (page 4)
<br />01994 Bankers Systems, Inc .. St Ooutl MN it -80; -597 -2'41) Form REOT -NE 12/27197
<br />IM -cl 65(NE) 19998; Al VMP MORTGAGE FORMS - (800)521 -7291
<br />(1)
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