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DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 19, 2002
<br />and the parties, their addresses and tax identification numbers, ifrequired, are as follows:
<br />IRUSSIfOR: RANDY J CURRAN and PATRICIA R CURRAN, HUSBAND AND WIFE
<br />1515 CHURCH ROAD
<br />GRAND ISLAND, NE 68801
<br />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 />BFNFFiCIARY:
<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 mud valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security htstnunent, Tractor irrevocably
<br />grants, conveys and sells to Trustee, in taut for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT SEVEN (7), IN HERITAGE ACRES SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />fhe property is located in Hall at 1515 CHURCH ROAD
<br />I(banrvl
<br />_ GRAND ISLAND Nebraska 68801
<br />(A,1(Irrssl iCity) ( /IT, (bdeI
<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 />now, of at any time in the tuture, 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 lustrumeut at any one time shall
<br />not exceed $ 95, 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 adN ances made under
<br />the terms of this Security Instnrment 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. (6i -hen reloclu ng the dehh below it is
<br />suggested that rou include items such etc honowcW namra, nine amounts, interest ratr °s, maturity dalev, eh,)
<br />A Promissory Note dated 08/19/2002
<br />NEBRASKA -DEED OF TRUST NOT FOR FNMA FHLMC. FHA CR VA USE)
<br />1994 Bankers Systems. Irc_ St Clodd. MN tt 300 397 -23411 Form RE -DT -NE 10;27197
<br />•C165(NE) !98081.01 VM P MORTGAGE FORMS - IBU01821 -7291
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 19, 2002
<br />and the parties, their addresses and tax identification numbers, ifrequired, are as follows:
<br />IRUSSIfOR: RANDY J CURRAN and PATRICIA R CURRAN, HUSBAND AND WIFE
<br />1515 CHURCH ROAD
<br />GRAND ISLAND, NE 68801
<br />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 />BFNFFiCIARY:
<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 mud valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security htstnunent, Tractor irrevocably
<br />grants, conveys and sells to Trustee, in taut for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT SEVEN (7), IN HERITAGE ACRES SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />fhe property is located in Hall at 1515 CHURCH ROAD
<br />I(banrvl
<br />_ GRAND ISLAND Nebraska 68801
<br />(A,1(Irrssl iCity) ( /IT, (bdeI
<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 />now, of at any time in the tuture, 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 lustrumeut at any one time shall
<br />not exceed $ 95, 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 adN ances made under
<br />the terms of this Security Instnrment 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. (6i -hen reloclu ng the dehh below it is
<br />suggested that rou include items such etc honowcW namra, nine amounts, interest ratr °s, maturity dalev, eh,)
<br />A Promissory Note dated 08/19/2002
<br />NEBRASKA -DEED OF TRUST NOT FOR FNMA FHLMC. FHA CR VA USE)
<br />1994 Bankers Systems. Irc_ St Clodd. MN tt 300 397 -23411 Form RE -DT -NE 10;27197
<br />•C165(NE) !98081.01 VM P MORTGAGE FORMS - IBU01821 -7291
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 19, 2002
<br />and the parties, their addresses and tax identification numbers, ifrequired, are as follows:
<br />IRUSSIfOR: RANDY J CURRAN and PATRICIA R CURRAN, HUSBAND AND WIFE
<br />1515 CHURCH ROAD
<br />GRAND ISLAND, NE 68801
<br />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 />BFNFFiCIARY:
<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 mud valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security htstnunent, Tractor irrevocably
<br />grants, conveys and sells to Trustee, in taut for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT SEVEN (7), IN HERITAGE ACRES SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />fhe property is located in Hall at 1515 CHURCH ROAD
<br />I(banrvl
<br />_ GRAND ISLAND Nebraska 68801
<br />(A,1(Irrssl iCity) ( /IT, (bdeI
<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 />now, of at any time in the tuture, 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 lustrumeut at any one time shall
<br />not exceed $ 95, 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 adN ances made under
<br />the terms of this Security Instnrment 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. (6i -hen reloclu ng the dehh below it is
<br />suggested that rou include items such etc honowcW namra, nine amounts, interest ratr °s, maturity dalev, eh,)
<br />A Promissory Note dated 08/19/2002
<br />NEBRASKA -DEED OF TRUST NOT FOR FNMA FHLMC. FHA CR VA USE)
<br />1994 Bankers Systems. Irc_ St Clodd. MN tt 300 397 -23411 Form RE -DT -NE 10;27197
<br />•C165(NE) !98081.01 VM P MORTGAGE FORMS - IBU01821 -7291
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