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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST q
<br />(With Future Advance Clause) r_
<br />Construction Security Agreement c
<br />1. DATE. AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 18, 2002 d
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ALVIN B WARM and CINDRA L WARN, EACH IN HIS AND HER OWN RIGHT, AND AS
<br />SPOUSE OF EACH OTHER
<br />316 NORTH SECOND STREET BOX 60
<br />DONIPHAN, NE 68832
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Irustors, 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 Trusters performance under this Security Instrument, Truster 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 />LOTS THREE (3) AND FOUR (4), IN WAGNER SUBDIVISION IN THE VILLAGE OF DONIPHAN, HALL
<br />COUNTY, NEBRASKA
<br />The property is located in Hall at 316 NORTH SECOND STREET
<br />BOX 60 _. _ _ DONIPHAN _ _ Nebraska 68832
<br />(Address) (C'ity) - 1/11' (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 $ $52, 460. 04 _ . 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 releiencing the dehts heluu, it is
<br />suggested that rou include items such cis horrouers' mantes, note amounts, interest rates, inaturit_r° dates, etc)
<br />A Promissory Note dated 07/18/2002
<br />NEBRASKA -DEED OF TRUST .;NOT FOR FNMA. FHtMC. FHA ORVA USE;
<br />1994 Barkers Systems, Inc. SI. Close, MN (1800 -3W -29411 Farm RE Or NE 1012];9)
<br />- C165(NE)(93oa i o 1
<br />E VMP MORTGAGE FORMS
<br />8061521 -]291
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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST q
<br />(With Future Advance Clause) r_
<br />Construction Security Agreement c
<br />1. DATE. AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 18, 2002 d
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ALVIN B WARM and CINDRA L WARN, EACH IN HIS AND HER OWN RIGHT, AND AS
<br />SPOUSE OF EACH OTHER
<br />316 NORTH SECOND STREET BOX 60
<br />DONIPHAN, NE 68832
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Irustors, 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 Trusters performance under this Security Instrument, Truster 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 />LOTS THREE (3) AND FOUR (4), IN WAGNER SUBDIVISION IN THE VILLAGE OF DONIPHAN, HALL
<br />COUNTY, NEBRASKA
<br />The property is located in Hall at 316 NORTH SECOND STREET
<br />BOX 60 _. _ _ DONIPHAN _ _ Nebraska 68832
<br />(Address) (C'ity) - 1/11' (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 $ $52, 460. 04 _ . 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 releiencing the dehts heluu, it is
<br />suggested that rou include items such cis horrouers' mantes, note amounts, interest rates, inaturit_r° dates, etc)
<br />A Promissory Note dated 07/18/2002
<br />NEBRASKA -DEED OF TRUST .;NOT FOR FNMA. FHtMC. FHA ORVA USE;
<br />1994 Barkers Systems, Inc. SI. Close, MN (1800 -3W -29411 Farm RE Or NE 1012];9)
<br />- C165(NE)(93oa i o 1
<br />E VMP MORTGAGE FORMS
<br />8061521 -]291
<br />�D ) (Page of 4) lo 14-V
<br />
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