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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, HE 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 Trusted 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 SIX (6), IN BLOCK SIXTY TWO (62), IN WHEELER AND BENNETT'S ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located to Hall _ ...... at 204_ EAST_ 127H STREET
<br />(()OUnly)
<br />_ ._._ .......... .
<br />....... .....__._ _ ___ _...____.__GRAND ISLAND ........ Nebraska 68801- 3822_...
<br />(Address) (Ciry) (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 exinng 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 $10,000.00...._ __. 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 "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory acre(s), cormaet(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically Identify
<br />the debts) secured and you should include the final maturity date If such deb(s)
<br />A Line of Credit Agreement Hated 11/15/2002
<br />NEBRASKA HOME IIr 1cI.alE OF CREDIT ic ct re OF TRUST (xor searxma. sxLM4vxnearn usE/ (pape'Mf4)
<br />�` 199e BanMOrs Syslwns, ln¢, SI. LIOUE, MN Fonn OLPFEaRNE III 1119
<br />(ID C465(NE) avto ).., vMPMnIII s.EFOOME Dtoll' i]91
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<br />State of Nebraska Spare Above This Line
<br />For Recording Data
<br />172053871
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Q Construction Security Agreement
<br />—'
<br />I.
<br />DATE AND PARTIES.
<br />The date of this Deed of Trust (Security Instrument) isNov 15,
<br />2002_
<br />and the parties, their addresses
<br />and tax identification numbers, if required, are as follows:
<br />TRUSTOR: JOHN E WALXOWIAH and JOY N WALROWIAX, HUSBAND AND WIFE
<br />204 EAST
<br />12TH STREET
<br />GRAND ISLAND,
<br />HE 68801 -3822
<br />E] If checked, refer to
<br />the attached Addendum incorporated herein, for additional
<br />Trusters,
<br />their signatures
<br />mud
<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, HE 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 Trusted 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 SIX (6), IN BLOCK SIXTY TWO (62), IN WHEELER AND BENNETT'S ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located to Hall _ ...... at 204_ EAST_ 127H STREET
<br />(()OUnly)
<br />_ ._._ .......... .
<br />....... .....__._ _ ___ _...____.__GRAND ISLAND ........ Nebraska 68801- 3822_...
<br />(Address) (Ciry) (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 exinng 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 $10,000.00...._ __. 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 "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory acre(s), cormaet(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically Identify
<br />the debts) secured and you should include the final maturity date If such deb(s)
<br />A Line of Credit Agreement Hated 11/15/2002
<br />NEBRASKA HOME IIr 1cI.alE OF CREDIT ic ct re OF TRUST (xor searxma. sxLM4vxnearn usE/ (pape'Mf4)
<br />�` 199e BanMOrs Syslwns, ln¢, SI. LIOUE, MN Fonn OLPFEaRNE III 1119
<br />(ID C465(NE) avto ).., vMPMnIII s.EFOOME Dtoll' i]91
<br />N
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