|
M En v m n9
<br />ut c
<br />C... n 'S ry oo "Ow 7. D _ d c_ :Z rrI N CAL
<br />CD
<br />O Vaa
<br />t� ?1
<br />d u ::3 n _m c
<br />m r
<br />F cn CD
<br />200207570 u, y
<br />O
<br />(n O
<br />State of Nebraska
<br />Space Above'rhis Line For Recording Data
<br />DEED OF TRUST C\
<br />(With Future Advance Clause)
<br />El Construction Security Agreement "'Id
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security histrument) is _ July 17 s _ 2002_ e
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: �o
<br />TRUSTOR: COONEY PROPERTIES INC.
<br />239 LAKESIDE DRIVE
<br />GRAND ISLAND NE 68801
<br />47- 0718966
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: EARL D AHLSCHWEDE, ATTORNEY
<br />BENEFICIARY: EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND
<br />113 -115 N LOCUST ST, GRAND ISLAND NE 68801 -6003
<br />Organized and existing under the laws of the State of
<br />Nebraska
<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 "Properly ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ --- 100 , 000. 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. 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 debts below it is
<br />suggested that you include items such as borrowers' mmnes, note mnounts, interest rates, maturih, dates, etc.)
<br />A Promissory Note dated July 17, 2002.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FRLMC, FHA OR VA USE)
<br />1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10127197
<br />(M -cl 65(NE) part) .o 1 VMP MORTGAGE FORMS- (800)5214291
<br />(p e 1 of 4)
<br />i
<br />1l
<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
<br />this Security Instrument, Trustoi irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary,
<br />with power of sale, the following described
<br />property:
<br />Parcel
<br />1: Lot One (1), in Block Nineteen (19), of Packer and Barris
<br />Second Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />Parcel
<br />2: Lot Fourteen (14), Block Five (5),
<br />Koehler Place, in the
<br />City of Grand Island Hall County, Nebraska.
<br />Parcel
<br />3: Lot Six (6j, Block One Hundred Twenty -Five (125), in Union
<br />Pacific Railway Company's Second Addition to
<br />the City of Grand Island,
<br />Hall County, Nebraska.
<br />Parcel
<br />4: Lot Eight (8), in Block Thirty -One
<br />(31), in Packer & Barr's
<br />Second Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />The propertyis located in----------- Hall
<br />at 228 N Boggs Ave.,
<br />- -
<br />S Vine St. , 214 W 7th St (county)
<br />- --
<br />213 N-_Ruby - _---- ------ Grand Island
<br />--------
<br />- - - - -- Nebraska__ 68801
<br />(Address) (City)
<br />(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 "Properly ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ --- 100 , 000. 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. 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 debts below it is
<br />suggested that you include items such as borrowers' mmnes, note mnounts, interest rates, maturih, dates, etc.)
<br />A Promissory Note dated July 17, 2002.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FRLMC, FHA OR VA USE)
<br />1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10127197
<br />(M -cl 65(NE) part) .o 1 VMP MORTGAGE FORMS- (800)5214291
<br />(p e 1 of 4)
<br />i
<br />1l
<br />
|