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TRUSTOR: JAMES M KEYSER and CHERYL ANN KEYSER, HUSBAND AND WIFE
<br />2211 W LOUISE ST
<br />GRAND ISLAND, NE 68803
<br />Ll If checked, refer to the attached Addendum incorporated herein, for additional Trustors, 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, Traitor 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 />LOTS THREE (3) AND FOUR (4), IN FRACTIONAL BLOCK SIX (6). ASHTON PLACE, IN THE
<br />CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA.
<br />The property is located in Hall---- _ - at 2211 W LOU I_SE ST _
<br />(County)
<br />- - -____ GRAND_ISLAND , Nebraska 68803
<br />(AaarasB) (city) (ZIP clan)
<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
<br />shall not exceed $ 30, 000.00 _ . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Seemed Debt" is defined as follows:
<br />A. Debt incurred under the terns of all promissory note(s), contract(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identif
<br />the debts) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 10/16/2002
<br />NEBRASKA - HOME EBUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHaMC, NFA OR VA USE Je. (page I of 4)
<br />1991 B.F... S,I.rR ,11 , 9). CMud MN FM.00PAEDT -NE 1113N9 Sw�MG.
<br />® C4651NE)(9902)02 VMP MORTGAGE FORMS- (900)5217291
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<br />State of Nebraska Space Above TM& Line For Recording
<br />Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES.
<br />The date of this Deed of Trust (Security Instrument) isOct 16.-
<br />20.02
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: JAMES M KEYSER and CHERYL ANN KEYSER, HUSBAND AND WIFE
<br />2211 W LOUISE ST
<br />GRAND ISLAND, NE 68803
<br />Ll If checked, refer to the attached Addendum incorporated herein, for additional Trustors, 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, Traitor 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 />LOTS THREE (3) AND FOUR (4), IN FRACTIONAL BLOCK SIX (6). ASHTON PLACE, IN THE
<br />CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA.
<br />The property is located in Hall---- _ - at 2211 W LOU I_SE ST _
<br />(County)
<br />- - -____ GRAND_ISLAND , Nebraska 68803
<br />(AaarasB) (city) (ZIP clan)
<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
<br />shall not exceed $ 30, 000.00 _ . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Seemed Debt" is defined as follows:
<br />A. Debt incurred under the terns of all promissory note(s), contract(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identif
<br />the debts) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 10/16/2002
<br />NEBRASKA - HOME EBUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHaMC, NFA OR VA USE Je. (page I of 4)
<br />1991 B.F... S,I.rR ,11 , 9). CMud MN FM.00PAEDT -NE 1113N9 Sw�MG.
<br />® C4651NE)(9902)02 VMP MORTGAGE FORMS- (900)5217291
<br />
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