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TRUSTOR: FLOYDE R LOY and BARBARA A LOY, HUSBAND AND WIFE
<br />504 S HIGH ST. PO BOX 23
<br />CAIRO. NE 68824
<br />If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />BE
<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 Role, the following described
<br />property:
<br />LOT TWO (2) AND THREE (3), BLOCK FOUR (4), IN THE FIRST ADDITION TO CAIRO. HALL
<br />COUNTY. NEBRASKA
<br />The property is located in Hall at 504_ S_ _HIGH ST, TO _ BOX 23
<br />(County)
<br />CAIRO _ , Nebraska 68824
<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 amuunt sawed by this Security Instrtnnent at any one time shall
<br />not exceed $ 5.240.68 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this lindtation 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 norms), 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' narnes, note amounts, interest rates, maturiry dates, etc.)
<br />A Promissory Note dated 10/15/2002
<br />NEBRASKA - DEED OF TRUST (NO' FOR FNMA, FHLMC, FHA OR VA USE) p (page 1 of 4
<br />(D 1994 Rakore 9y[I"ms, 1,1 _ S1. CIOpW MN (I 800 397 2941) Farm PF DT NF 1097fl7 811
<br />(D; C165(NE)(9108)09 VMPMORTWGE FORMS - (000)8217291
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<br />'
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES.
<br />The date of this Deed o£'I'rust (Security Instrument) is Oct_ 15,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: FLOYDE R LOY and BARBARA A LOY, HUSBAND AND WIFE
<br />504 S HIGH ST. PO BOX 23
<br />CAIRO. NE 68824
<br />If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />BE
<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 Role, the following described
<br />property:
<br />LOT TWO (2) AND THREE (3), BLOCK FOUR (4), IN THE FIRST ADDITION TO CAIRO. HALL
<br />COUNTY. NEBRASKA
<br />The property is located in Hall at 504_ S_ _HIGH ST, TO _ BOX 23
<br />(County)
<br />CAIRO _ , Nebraska 68824
<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 amuunt sawed by this Security Instrtnnent at any one time shall
<br />not exceed $ 5.240.68 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this lindtation 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 norms), 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' narnes, note amounts, interest rates, maturiry dates, etc.)
<br />A Promissory Note dated 10/15/2002
<br />NEBRASKA - DEED OF TRUST (NO' FOR FNMA, FHLMC, FHA OR VA USE) p (page 1 of 4
<br />(D 1994 Rakore 9y[I"ms, 1,1 _ S1. CIOpW MN (I 800 397 2941) Farm PF DT NF 1097fl7 811
<br />(D; C165(NE)(9108)09 VMPMORTWGE FORMS - (000)8217291
<br />
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