|
T = S N O CDC
<br />C �
<br />= n z n i pc, z� N v
<br />r m y 7C ix ti -i m CD . 976
<br />r) s [ _< ID
<br />H o
<br />cc 4 N
<br />rVh r 1. _.
<br />3 9 � co
<br />� r D
<br />h C_0 S
<br />200209495 CA3 N rAn
<br />State of Nebraska Space Above This Line for Recording Data
<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 Sep 05, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: GLEN R GARTNER and TRACY L OVERSTREET GARTNER, HUSBAND AND WIFE
<br />516 W KOENIG ST
<br />GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTF.F.:
<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 Truster'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 FORTY -SIX (46) FEET OF LOT SEVEN, IN BLOCK ONE HUNDRED (100), RAILROAD
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 510 -512 W KOENIG ST
<br />(County)
<br />GRAND ISLAND , Nebraska 68801
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, 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") -
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 6 , 087 .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 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), guarattty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (IVhen referencing the debts below it is
<br />suggested that you include iterns such as honrowers' names, note amounts, interest rates, maturity dales, etc.)
<br />A Promissory Note dated 09/05/2002
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMO, FHA OR VA USE) (ale 11 of 44)
<br />1994 Bankers Systems, Inc... St. Cloud MN (1- 800 - 397 -2341) Form R&nT-NE 10!27/97
<br />-ci 65(NE) (9998).02 VMP MORTGAGE FORMS - (900)521 -7291
<br />ID
<br />
|