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<br />TRUSTOR: ROBERT T TAYLOR and BARBARA J TAYLOR, HUSBAND AND WIFE
<br />556 E 18TH ST
<br />GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures acid
<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) mid Trustor's performance under 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 />THE EASTERLY TWENTY -THREE AND FIVE TENTHS FEET (23.51) OF LOT TWENTY -THREE (23) AND
<br />ALL OF LOT TWENTY -FOUR (24) AND THE WESTERLY THREE FEET (31) OF LOT TWENTY -FIVE
<br />(25), IN BLOCK THREE (3) IN BLAIN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in Hall at 556 E 18TH ST
<br />(County) ____.
<br />GRAND ISLAND , Nebraska 68801
<br />(Address) (City) (ZIP Code)
<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, mid 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 S 7 , 262.. 08 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 referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rater, maturity dates, etc.)
<br />A Promissory Note dated 08/23/2002
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA. FHtMC. FHA OR VA USE)
<br />(D 1994 Bankers Systems, Inc_, S1. Cloud MN (1- 800 -397 -2341) Form RE -DT -NE 10,27199
<br />- C165(NE) (9808) j2 VMP MORTGAGE FORMS- (800)521 -]291
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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES.
<br />The date of this Deed of Trust (Security Instrument) is Aug 23 ,
<br />2002
<br />and the parties, their addresses
<br />and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ROBERT T TAYLOR and BARBARA J TAYLOR, HUSBAND AND WIFE
<br />556 E 18TH ST
<br />GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures acid
<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) mid Trustor's performance under 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 />THE EASTERLY TWENTY -THREE AND FIVE TENTHS FEET (23.51) OF LOT TWENTY -THREE (23) AND
<br />ALL OF LOT TWENTY -FOUR (24) AND THE WESTERLY THREE FEET (31) OF LOT TWENTY -FIVE
<br />(25), IN BLOCK THREE (3) IN BLAIN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in Hall at 556 E 18TH ST
<br />(County) ____.
<br />GRAND ISLAND , Nebraska 68801
<br />(Address) (City) (ZIP Code)
<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, mid 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 S 7 , 262.. 08 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 referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rater, maturity dates, etc.)
<br />A Promissory Note dated 08/23/2002
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA. FHtMC. FHA OR VA USE)
<br />(D 1994 Bankers Systems, Inc_, S1. Cloud MN (1- 800 -397 -2341) Form RE -DT -NE 10,27199
<br />- C165(NE) (9808) j2 VMP MORTGAGE FORMS- (800)521 -]291
<br />, �(Pag rr.
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