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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 Seemed Debt (defined below) and Trustor'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 NINE (9) IN BLOCK TWO (2), PARKHILL SUBDIVISION. AN ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 2515 W JOHN ST <br />(count') <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 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, 904.00 . 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 terns of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Imtrumcm. <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), guamnty(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 09/26/2002 <br />NEBRASKA DEED 0 TRUST (Nor F OP F NMA, FHLMC, FHA OR v A USE) /) / (pia1O(4) <br />© 1994 amkeis S ystems. Inc.. St CIcud MN (1 �800O9]�23 kq Form PFaF NE I0Q797 z <br />dM Ct BRINE) (9008)A2 VMP MOPTCACF FORMS (W)691]991 <br />A n t. t <br />rM <br />2 D Z fl X <br />C <br />U <br />fV <br />n to <br />CD —i <br />° <br />CID, <br />--t <br />p- <br />J <br />(1 2 N <br />DIY <br />cl <br />c a <br />z <br />N <br />m <br />d <br />p\ <br />—+ <br />t M <br />° <br />c <br />or <br />° <br />H <br />` <br />Urn <br />V <br />200210501 <br />m <br />Co <br />F <br />O <br />N <br />Stele or Niji—nke <br />Spate Above <br />This Lie. Tor Reeordi.g Dan <br />804190 <br />DEED OF TRUST <br />1 <br />(With Future Advance Clause) <br />) <br />Construction Security Agreement <br />1� <br />1. <br />DATE AND PARTIES. The date of <br />this Deed of'1'rust (Security Instrument) is <br />Sep 26. <br />2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: COLLEEN E LANGE. <br />AN UNMARRIED PERSON <br />2515 W JOHN ST <br />GRAND ISLAND, NE <br />68803 <br />Ll If checked, refer to the attached <br />Addendum incorporated herein, for <br />additional <br />'frustors, <br />their <br />signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschwede. <br />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 Seemed Debt (defined below) and Trustor'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 NINE (9) IN BLOCK TWO (2), PARKHILL SUBDIVISION. AN ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 2515 W JOHN ST <br />(count') <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 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, 904.00 . 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 terns of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Imtrumcm. <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), guamnty(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 09/26/2002 <br />NEBRASKA DEED 0 TRUST (Nor F OP F NMA, FHLMC, FHA OR v A USE) /) / (pia1O(4) <br />© 1994 amkeis S ystems. Inc.. St CIcud MN (1 �800O9]�23 kq Form PFaF NE I0Q797 z <br />dM Ct BRINE) (9008)A2 VMP MOPTCACF FORMS (W)691]991 <br />