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on <br />ITT 4,n <br />O C) = \ <br />carj o e <br />1 <br />C <7i cn 9 <br />2 y N fJ <br />T Z N <br />3 r v W Cs^ <br />[p Uf lJ G <br />� N W <br />N <br />Sm a or Nebr a A Space Above This Line For Recoor738 Data <br />ClSIR Fj N SBajRM pBH;ESF REAL ESTATE DEED OF TRUST 0 <br />UNDER THE ! LR6'IREM (With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is08/06/2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: O <br />TRUSTOR: RANDALL E DUBBS, PAMELA J DUBBS, HUSBAND AND WIFE N <br />d <br />875 S BLUFF CENTER RD <br />SHELTON. NE 68876 <br />El If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures and <br />acknowled6nncnts. <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 aeutowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance wider 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 />A tract of land comprising the Southerly Five Hundred Fifty Three (553.0) feet of <br />the Westerly Nine Hundred Forty Five and Twenty Five Hundredths (945.25) feet of <br />the Southwest quarter of the Northwest Quarter (SWY.NW,) of Section Twenty One <br />(21). Township Eleven (11) North. Range Twelve (12) West of the 6th P.M.. Hall <br />County, Nebraska <br />The property is located in Hall at 875 S BLUFF CENTER _RD. _ <br />(c"amy) <br />_ SHELTON _ , Nebraska. 68876 <br />(Add .... I (Cary) (ZIP Code) <br />Together with all rights, cascmtmLC, 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 $60, 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 FU'T'URE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), oontract(s), guaranty(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - ROME EQUITY LINE OF CREDIT NEED OF TRUST (Nor Fog FNMA. FHIMC. FHACN VA Usy <br />Qi T9949mkeu Sys,em.. nc, SL CInud MN F,-(eP REDl -NE 11I3B9 <br />®-C46501E) (9902)01 VMP MORIGAGF FOAMS (e00)521 -0291 <br />