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<br />Space Above this Line For Recording Data --
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug_ 12, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />IRUSTOR: STEPHEN R BELTZER
<br />JACQUELINE R SELTZER Husband and Wife
<br />407 STAGECOACH RD
<br />GRAND ISLAND, HE 68801
<br />71 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />NE
<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 Trustoi's performance under this Security Instrument, Tntstcn irrevocahly
<br />grants, conveys and sells to trustee, in trust for the benefit of Beneficiary, with power of sale, the tollowmg descnhed
<br />property:
<br />LOT NINE (9) IN BLOCK ONE (1) IN REPI{AT OF RIVERSIDE ACRES, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall at 1407 STAGECOACH RD
<br />County)
<br />GRAND ISLAND Nebraska 68801
<br />(Address) Way) - - (ZIP ((Ae)
<br />Together with all rights, casements, 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 />nose, 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 $ 22, 554. 58 . "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), conuact(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions.. renewals, modifications or substitutions. (When re%rencing the debts helm ii is
<br />suggested that run include items such cb horiowels' motes, note amounts, intoevi rafev, maimai daivv, otj
<br />A Promissory Note dated 08/12/2002
<br />NEBRASKA - DEED OF TRUST INOi FUR FNMA. FaLMC. FIFA OR VA use; (page 1 of 4
<br />Q 1994 E3Pkc1S Systems. Inc. St Cloun. MN t1 - 900 -397 -234.1 Form RE -DT -NE 10127,97
<br />®' •C766(NE) i98081.Ot VMP MORTGAGE FORMS- 18 0 015 2 1 -7291
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<br />Space Above this Line For Recording Data --
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug_ 12, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />IRUSTOR: STEPHEN R BELTZER
<br />JACQUELINE R SELTZER Husband and Wife
<br />407 STAGECOACH RD
<br />GRAND ISLAND, HE 68801
<br />71 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />NE
<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 Trustoi's performance under this Security Instrument, Tntstcn irrevocahly
<br />grants, conveys and sells to trustee, in trust for the benefit of Beneficiary, with power of sale, the tollowmg descnhed
<br />property:
<br />LOT NINE (9) IN BLOCK ONE (1) IN REPI{AT OF RIVERSIDE ACRES, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall at 1407 STAGECOACH RD
<br />County)
<br />GRAND ISLAND Nebraska 68801
<br />(Address) Way) - - (ZIP ((Ae)
<br />Together with all rights, casements, 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 />nose, 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 $ 22, 554. 58 . "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), conuact(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions.. renewals, modifications or substitutions. (When re%rencing the debts helm ii is
<br />suggested that run include items such cb horiowels' motes, note amounts, intoevi rafev, maimai daivv, otj
<br />A Promissory Note dated 08/12/2002
<br />NEBRASKA - DEED OF TRUST INOi FUR FNMA. FaLMC. FIFA OR VA use; (page 1 of 4
<br />Q 1994 E3Pkc1S Systems. Inc. St Cloun. MN t1 - 900 -397 -234.1 Form RE -DT -NE 10127,97
<br />®' •C766(NE) i98081.Ot VMP MORTGAGE FORMS- 18 0 015 2 1 -7291
<br />
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