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The property is located in ....... _................... ____ Hall _............. _....... _.............. al 2415 14 15TH ST
<br />...... ...............................
<br />(County)
<br />GRAND ISLAND ,Nebraska 68803
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water mid 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
<br />shall not exceed S 12,100.00 . This limitation of amotmt 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 terns 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. The term "Secured Debt" is defined as follows:
<br />A Debt incurred under the terns of all promissory Reliefs), contuact(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specificaMy identify
<br />the debts) secured and you should include the final maturity date ofsuch debt(s)_J
<br />A Line of Credit Agreement dated 09/10/2002
<br />NEBRASKA • NOME EQUITY LINE OF CREDIT DEED OF TRUST IN07 FOR FNMA. FNLME. Fen ORVA USE) (page I of 4)
<br />(D 1994 9anNrs S,,Itms, Ire, 5t C111d MN Form OCFAFao NE 1113/99 A3� yrao
<br />®-04GS(NE) RIH2) O9 VMP MORTGRGE FORMS -ixr0 21 -]R91
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<br />Stale of Nebraska Space Above'1'AiR Ilse Nor NeeordNlg Data
<br />REAL ESTATE DEED OF TRUST 0166005955
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1.
<br />DATE AND PARTIES. The dale of this Deed of Trust (Security instrument) issep 10'...2002
<br />and the parties, their addresses and tae identification numbers, if required, are as follows:
<br />TRUSTOR: BRUCE A SCHLATTMANN and MELODY N SCHLATTNANN £ka MELODY M SANER
<br />2415 N 15TH ST
<br />GRAND ISLAND, NE 68803
<br />U If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />TisrOne Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierO.e Back
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Law. of the United State. of America
<br />2.
<br />CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Tmstor's performance under this Security Instrument, Truster irrevocably
<br />grants, conveys and sells to Trustce, in bast ff the benefit of Beneficiary, with power of Sale, the following described
<br />property THREE
<br />ALL OF LOT 7 AND THE EAST 4W FEET OF LOT 8, BLOCK 3, CUNNINGHAM SUBDIVISION,
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ....... _................... ____ Hall _............. _....... _.............. al 2415 14 15TH ST
<br />...... ...............................
<br />(County)
<br />GRAND ISLAND ,Nebraska 68803
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water mid 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
<br />shall not exceed S 12,100.00 . This limitation of amotmt 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 terns 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. The term "Secured Debt" is defined as follows:
<br />A Debt incurred under the terns of all promissory Reliefs), contuact(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specificaMy identify
<br />the debts) secured and you should include the final maturity date ofsuch debt(s)_J
<br />A Line of Credit Agreement dated 09/10/2002
<br />NEBRASKA • NOME EQUITY LINE OF CREDIT DEED OF TRUST IN07 FOR FNMA. FNLME. Fen ORVA USE) (page I of 4)
<br />(D 1994 9anNrs S,,Itms, Ire, 5t C111d MN Form OCFAFao NE 1113/99 A3� yrao
<br />®-04GS(NE) RIH2) O9 VMP MORTGRGE FORMS -ixr0 21 -]R91
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