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;a n n <br />ON = GA <br />I <br />CZ m -C <br />S n z <br />CJ <br />N <br />o m <br />CO, -4 <br />° <br />1s <br />To OR I r. <br />m to 4 -� <br />n <br />' <br />m <br />\I / <br />3 <br />O <br />s <br />W } <br />or <br />L+ <br />200210035 <br />0 <br />State of Nebraska Space Above This Line For <br />Recording Data <br />604539 <br />DEED OF TRUST <br />�5 <br />(With Future Advance Clause) <br />r <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 16. <br />2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />o <br />TRUSTOR: RONALD D RILEY and BRENDA S RILEY, HUSBAND AND WIFE. <br />1903 S ARTHUR ST <br />GRAND ISLAND, NE 68803-6324 <br />O If checked, refer to the attached Addendum incorporated herein, for additional <br />Trustors, <br />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 Trustor's performance under this Security Instrument, Tmstor 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 />SEE ATTACHED EXHIBIT "A ". <br />The property is located in Hall at 1903_ S ARTHUR ST. <br />(County) <br />GRAND ISLAND , Nebraska 68803 -6324 <br />(Addrece) (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 $ 20.090.50 . This limitation of amount does not include interest and other fees <br />Rod charges validly made pursuant to this Security Instrument. Also, dds limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficial 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 Ruder the terms of all promissory note(s), contract(s), guazanty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 09/16/2002 <br />(D19941(R-OEED 0 TRUST Mot wRFNMA. raE1) C, FHA oRvnE 0 <br />Q1994 18 ystemL Inc, St Cloud MN (I- 800- ]9]- 2d41)form RE DT NE 102]98 <br />Q C165(REl(R808)n2 VMP MORTGAGE FORMS- (000)521 -7241 <br />