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BF.NFFIC'IARV:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand lsland, HE 68801 -6003
<br />Organized and Existing tinder the Laws of The State of Nebraska
<br />2_ CON VE4'AN CE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged. and to
<br />secure the 'seemed Debt (defined hclnw) and Trustnr's performance under this Security InMrumcnl, Trnstnr irrevocably
<br />grants. conccys and sells to Trustee, in trust I'or the benefit of Beneficiary, with power of sale, the following described
<br />Property :
<br />LOT TWENTY -THREE (23), JEFFREY OAKS EIGHTH SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is luwted in Hall at 4127 NORSEMAN AVE
<br />(C'.rn)
<br />GRAND ISLAND , Nebraska 68803
<br />[Addre,sl (city) (/III ( 'odc)
<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, or at any time in the future, be part of the real estate described above (all referred to as "property T.
<br />3. MANINIUNI OBLIGATION IAMI'1'. The total principal amount secured by this Security Instrument at any one time
<br />shall not cxeecd S 136, 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 thu Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in This Security Instrument.
<br />4. SECT RED 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
<br />described below and all their extensions, renewals, modifications or suh,titutioan, (Ymr n usLrPc'cifical /r idenlih
<br />the drbq,) sertvrd and you should inc6tde the final maturity duly of each d(bir )
<br />A Promissory Note dated 09/03/2002
<br />NEER.4SKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FUCMO. FnA OR VA Usq
<br />a kI," x 51. 11 M N F), ', OOP RELT NE 111 t r
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<br />State or Nebraska Space Anne This Line
<br />Far Recording
<br />Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />® Construction Security Agreement
<br />1
<br />DATE AND PART IE . The of this Ducal of Trust (Security Instrument) is9ep 03,
<br />2002
<br />addresses and
<br />p' if required, are as follows:
<br />TRUSTOR: JOHN E NOWICKI and JENNIFER L NOWICKI, HUSBAND AND WIFE
<br />1302 W 1ST ST
<br />GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional
<br />Trustors.
<br />their signatures
<br />and
<br />ackrm%vlcdgmen(s.
<br />'I'RUS III I::
<br />Earl D Ahlschwede, Attorney
<br />WE
<br />BF.NFFIC'IARV:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand lsland, HE 68801 -6003
<br />Organized and Existing tinder the Laws of The State of Nebraska
<br />2_ CON VE4'AN CE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged. and to
<br />secure the 'seemed Debt (defined hclnw) and Trustnr's performance under this Security InMrumcnl, Trnstnr irrevocably
<br />grants. conccys and sells to Trustee, in trust I'or the benefit of Beneficiary, with power of sale, the following described
<br />Property :
<br />LOT TWENTY -THREE (23), JEFFREY OAKS EIGHTH SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is luwted in Hall at 4127 NORSEMAN AVE
<br />(C'.rn)
<br />GRAND ISLAND , Nebraska 68803
<br />[Addre,sl (city) (/III ( 'odc)
<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, or at any time in the future, be part of the real estate described above (all referred to as "property T.
<br />3. MANINIUNI OBLIGATION IAMI'1'. The total principal amount secured by this Security Instrument at any one time
<br />shall not cxeecd S 136, 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 thu Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in This Security Instrument.
<br />4. SECT RED 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
<br />described below and all their extensions, renewals, modifications or suh,titutioan, (Ymr n usLrPc'cifical /r idenlih
<br />the drbq,) sertvrd and you should inc6tde the final maturity duly of each d(bir )
<br />A Promissory Note dated 09/03/2002
<br />NEER.4SKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FUCMO. FnA OR VA Usq
<br />a kI," x 51. 11 M N F), ', OOP RELT NE 111 t r
<br />C465INF),— r9 VeF MORTcAOE FOrws- l000bn -rze-
<br />
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