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J If checked, refer to the attached Addendum incorporated herein, for additional 'frustors.. 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 Truster's performance under this Security Instrument, Iiustor 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), IN SCHEEL SUBDIVISION, BEING A TRACT OF LAND COMPRISING A PART OF THE <br />SE 1/4 SW 1/4 IN SECTION THIRTY -TWO (32) TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), <br />WEST OF THE 6TH P.M. HALL COUNTY, NEBRASKA. <br />'Ilie property is located in Hall at 4022 SCHEEL ROAD <br />(County) <br />GRAND ISLAND Nebraska 68801 <br />t Audi essl R Il (ZIP ( odo) <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 $ 11, 624.46 . 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 anv 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 dehty hcduu, it iy <br />sliggeyted that rnu include itenvr such as harrowers' names, note crmuunlN, iMaresl r(1tes, malur-ih dates. efc.) <br />A Promissory Note dated 07/23/2002 <br />NEBRASKA -DEED OF TRUST ;NOT FOR FNMA. FHLMC. FIFA OR VA USE? (Pa9t 4) <br />Q 1994 Bankers Systems. Inc., St. Cloud, MN 11 -8 0 0- 397 23411 Form REDT -NE 10127197 <br />-C7 65(NE) (98o8(.o1 VMP MORTGAGE FORMS - (8001521 -7291 <br />ok <br />X Z <br />i <br />it (1 <br />m <br />m <br />I <br />2 D <br />1 <br />qq <br />rn to <br />O fi <br />S D <br />m On <br />n x <br />o f <br />c n <br />o .. <br />cs9 <br />x <br />Z <br />N <br />rn <br />on <br />o d <br />o <br />o <br />-� ` <br />F.. <br />L. <br />7 <br />T z <br />m <br />ii'' <br />ne� <br />r <br />_ <br />p <br />o <br />c o <br />;;K <br />0 >~ <br />ca m <br />N <br />Ca <br />rn <br />2M <br />C! <br />0 <br />ad <br />State of Nebraska <br />Space Above <br />'Phis Line <br />For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. <br />DATE AND <br />PARTIES. The date of <br />this Deed of Trust (Security Instrument) is <br />Jul 23, <br />2002 <br />and the parties, <br />their addresses and tax <br />identification numbers, if required.. are as <br />follows: <br />IRUSTOR: ROJEAN A FELDMAN <br />FKA ROJEAN A ROGERS <br />BRYCE FELDMAN, HUSBAND AND WIFE <br />4022 SCHEEL ROAD <br />GRAND ISLAND, NE <br />68801 <br />J If checked, refer to the attached Addendum incorporated herein, for additional 'frustors.. 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 Truster's performance under this Security Instrument, Iiustor 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), IN SCHEEL SUBDIVISION, BEING A TRACT OF LAND COMPRISING A PART OF THE <br />SE 1/4 SW 1/4 IN SECTION THIRTY -TWO (32) TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), <br />WEST OF THE 6TH P.M. HALL COUNTY, NEBRASKA. <br />'Ilie property is located in Hall at 4022 SCHEEL ROAD <br />(County) <br />GRAND ISLAND Nebraska 68801 <br />t Audi essl R Il (ZIP ( odo) <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 $ 11, 624.46 . 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 anv 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 dehty hcduu, it iy <br />sliggeyted that rnu include itenvr such as harrowers' names, note crmuunlN, iMaresl r(1tes, malur-ih dates. efc.) <br />A Promissory Note dated 07/23/2002 <br />NEBRASKA -DEED OF TRUST ;NOT FOR FNMA. FHLMC. FIFA OR VA USE? (Pa9t 4) <br />Q 1994 Bankers Systems. Inc., St. Cloud, MN 11 -8 0 0- 397 23411 Form REDT -NE 10127197 <br />-C7 65(NE) (98o8(.o1 VMP MORTGAGE FORMS - (8001521 -7291 <br />ok <br />