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<br />Stnte of Nr6rnskn _. — Space A6nve Thie 1 ins FU,, Reeurar., am.
<br />USED OF TRUST
<br />(With Future Advance Clause)
<br />[-1 Cnnxtructinn Security Agreement o
<br />1. DATE AND PARTIES. The date of this Deed efTn at (Security Instrument) is Aug 27,_ 2002 _ _ _ _ c
<br />and the parties, their addresses and tax identification numbers, if ratuircd, are as follows -
<br />TRUSTOR: SANS F (SAN) BLATH and DEBORAH L BLATH, HUSBAND AND WIFE
<br />201 SAID ST
<br />CAIRO, NE 68824
<br />If checked, refer to the attached Addendum incorporated herein. for additional 'lrustom, their signatures and
<br />acknowledgments_
<br />'IRUSTEE:
<br />Earl D Ahlachwede, Attorney
<br />NE
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, HE 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 Truster's performance under this Security histruneul, Truster irrevocably
<br />grants, conveys and sells to Trustee, in bust for the benefit Of Beneficiary, with power of sale, the following described
<br />property
<br />LOTS ONE (1) AND TWO (2), IN BLOCK FIVE (5) SECOND ADDITION TO CAIRO, HALL COUNTY,
<br />NEBRASKA
<br />the property is located in Hall at 201 SAID ST
<br />f('nunp'1
<br />CAIRO Nebraska _ 68824
<br />Addrual (( 10 t /II'Cold
<br />Together with all rightS, easements, appurtenances_ royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, unit water stock and all existing and future improvements, Mroch res, fixturos, and replacements that nlav
<br />now, or et any time in the hiture, be part of the real estate described above Tall referred to as "Property")
<br />3. MAXIMI;M OBLIGATION LIMIT. The total principal amount Secured by this Security Instrumenl at any one lime Shall
<br />not exceed S 18, 050. 93 . This limilntion of amount does not include interest and other fees
<br />and vhRuges validly made pursuant to this Sceind) inan'umcut Also this limitation does not apply to advances made under
<br />the terms of this Security hi,trument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument,
<br />4. SECCRED DERT AND FETURE ADVANCES. The term "Secured Debt" is defined os follows'.
<br />A. Debt incurred under the terms of all promissory natc(a), Uoun.Erysl, <foraranty(s) or other evidence of debt described
<br />below and all their extensions. rene,rik, modifications or substitutions. (When ref yr -ndn,k the drhes hr /mr it iv
<br />nrggasmd that"', indnde items avdr r,_, hoe - orrery' names, mute urruteaLn. irveresl rotes, maua'ur d"u.,c, tsar.)
<br />A Promissory Note dated 08/27/2002
<br />NEBRASKA -GEED OF TRUST not FOR FNMA rr f PHA OaIAe6E (page }t�rAl)
<br />U ss o ss s, . ciF uu. ms. nooa.raa r RETIRE s
<br />(0C1651RE) 1111,11 VMP r oa.ncrwR srt 8.01521 '201
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