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j j in n n <br />in <br />C y\ C m v <br />IS <br />< T <br />CD <br />_- <br />1 <br />C: <br />N <br />State of NebraeW Space Above Tbis Line For <br />Recording Data <br />C <br />DEED OF TRUST <br />(with Future Advance Clause) <br />Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Oct_ 10, <br />2002 - <br />_ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: ROBERT C DOERING <br />BARBARA S DOERING Husband and Wife <br />3565 HILLSIDE DRIVE <br />GRAND ISLAND, NE 68801 <br />If checked, refer to the attached Addendum incorporated herein, for additional <br />Trustors, <br />their signatures <br />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 />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, 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 EIGHTEEN (18). WESTROADS ESTATES FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA <br />The property is located in Hall - at 35.65_ _H_ILLSI_DE DRIVE_ <br />(County) <br />------- _--- _--- _ _____-- ______ -___- -------- GRAND-ISLAND ---------- Nebraska 68801 <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 LLVIIT. The total principal amount seemed by this Security Instrument at any one time shall <br />not exceed $ 17, 070.50 . 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 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 10/10/2002 <br />NEBRASKA - mEEO OF Tamar (NOT FOR 0.397 F 41) F (M OR VA USE) �J p 8iq FN.A <br />0 199E BmNert 3yeFems, Inc..SLCIOUe. MN (1-800-3972341) Po,m RE -0iNE IO2]fl] <br />®® C155(NE)(9aoa)02 VMP MORTGAGE FORMS- (800)531 -7291 <br />