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n n <br />c m tDit <br />= D <br />CD <br />C!J <br />m m CM. <br />o o O <br />N Go <br />a' cr <br />rn O <br />n )S r n rD <br />200209608 n CD .� <br />W O <br />t„ CDD <br />Co CD <br />State of Nebraska — Space Above This Line For Recording Data <br />REAL ESTATE 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) isAug 28, 2002 e <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:RODNEY A SCHWEITZER An Unmarried Person <br />4138 N 150TH ROAD <br />CAIRO, NE 68824 <br />If checked, refer to the attached Addendum incorporated herein, for additional Frustors, their signatures and <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) and Truster's performance under this Security Instrument, Truster 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 />LOT ONE (1), PRAIRIE VIEW SECOND SUBDIVISION, HALL COUNTY NEBRASKA. <br />The property is located in _ Hall -at 4138 N 150TH _ROAD <br />C <br />(ounty) <br />CAIRO , Nebraska 68824 <br />(Address) (City) fZIP 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 OBLIGATIO_V LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $13, 500.00 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 this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this Security Instrument. - <br />4. SECURED DEBT AND FUTURE ADVANCES. "[he term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guararly(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions-. (You must specifically tdentifL <br />the debt(c) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 08/28/2002 , <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FORFNMA, FHLMC, FHA OR VA USE) (� r (page 1 of 4) <br />Q 1994 Bankers Systems.. Inc.. St. Cloud, MN Form OCP 15 <br />- NE -NE 1;13,99 — <br />OM -0465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />