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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 Tmstor'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 />SEE ATTACHMENT "A"
<br />The property is located in Hall _ w320 W 17TH
<br />(Couvry) - -- .dead
<br />GRAND ISLAND. , Nebraska 68801
<br />(Address) (City) (ZIP Cede)
<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 amoum secured by dos Security Instrument at any one time shall
<br />not exceed S 10.000.00 . This limitation of amount does not include interest and other foss
<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), guaranty(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 OF TRBST(NUT F OR FNMA. FHtMC, FHA OR VA USE) ( to
<br />() 1994 Bwktu Systems, Inc .8f crud, MN (1- 800399 -2341) Fpm 2E -el -NE 1027P1
<br />®® C165(NE)(930B)02 VM4MORl6AGE FORMS-(Ba0)524]291
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<br />Stele of Nebraska Space Above This Line For ReeoraieE Data
<br />DEED OF TRUST
<br />(with Future Advance Clause)
<br />Construction Security Agreement
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 26,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, we as follows:
<br />S
<br />TRUSTOR: BRIAN J DAVIS and DODI L DAVIS, HUSBAND AND WIFE
<br />320 W 17TH
<br />GRAND ISLAND. NE 68801
<br />Elf checked, refer to the attached Addendum incorporated herein, for additional
<br />Trustors,
<br />their
<br />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 Seemed Debt (defined below) and Tmstor'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 />SEE ATTACHMENT "A"
<br />The property is located in Hall _ w320 W 17TH
<br />(Couvry) - -- .dead
<br />GRAND ISLAND. , Nebraska 68801
<br />(Address) (City) (ZIP Cede)
<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 amoum secured by dos Security Instrument at any one time shall
<br />not exceed S 10.000.00 . This limitation of amount does not include interest and other foss
<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), guaranty(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 OF TRBST(NUT F OR FNMA. FHtMC, FHA OR VA USE) ( to
<br />() 1994 Bwktu Systems, Inc .8f crud, MN (1- 800399 -2341) Fpm 2E -el -NE 1027P1
<br />®® C165(NE)(930B)02 VM4MORl6AGE FORMS-(Ba0)524]291
<br />
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