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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. NE 68801.6003 <br />Organized and Existing Under the Laws of The State of Nebraska <br />2. CONVEYANCE. For good and valuable conaiderntion, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance order this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Tnistee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT SEVEN (7). IN BLOCK FOUR (4). LAKE DAVIS ACRES SUBDIVISION, GRAND ISLAND. HALL <br />COUNTY. NEBRASKA <br />The property is located in____ ____ Hall_________ _ _ __ _at 4705_CALVIN 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 "Proper[)''). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ 20, 0.0.0.00 _ _ _ _ _ _ _ _ _ _ _ _ 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 trade <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 FO'rURE 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must .spec fcally idenrtfy <br />the debt(s) secured and you should include the fined maturity dare of such debt(s).) <br />A Line of Credit Agreement dated 11/13/2002 <br />NEBRASKA HOME EQU ITY LINE OF CREDIT DEED OF TRUST NOT FOR FNMA. fitMO. fin OR VBUSE) (p��f �d( <) <br />01, 9d Bon'., 5VSIems. Inn, 9 t CIOUd MN Poem OCP -Rf DT- N11113N1 �� `( <br />(V® C4651NE) P902).02 VMPMORIG/FFfORMS 0002""' <br />c a <br />U�'x <br />) <br />i O <br />V <br />a <br />+ <br />I <br />r t I 200212984 <br />State or Nemasky Space Above Tam Line For Recording <br />Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />- <br />1. DATE AND PARTIES. The date of [his Deed of Trust (Security Instrument) isNOV_ 13, 2.002 --------- <br />and the parties, their addresses and no, identification numbers, if required, are as follows: <br />TRUSTOR: JAMES F HINMAN and RENE L HINMAN, IN HIS AND HER OWN RIGHT, <br />AND AS <br />SPOUSE <br />OF EACH OTHER <br />4705 CALVIN DRIVE <br />GRAND ISLAND. NE 68801 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trusters, <br />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 conaiderntion, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance order this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Tnistee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT SEVEN (7). IN BLOCK FOUR (4). LAKE DAVIS ACRES SUBDIVISION, GRAND ISLAND. HALL <br />COUNTY. NEBRASKA <br />The property is located in____ ____ Hall_________ _ _ __ _at 4705_CALVIN 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 "Proper[)''). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ 20, 0.0.0.00 _ _ _ _ _ _ _ _ _ _ _ _ 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 trade <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 FO'rURE 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must .spec fcally idenrtfy <br />the debt(s) secured and you should include the fined maturity dare of such debt(s).) <br />A Line of Credit Agreement dated 11/13/2002 <br />NEBRASKA HOME EQU ITY LINE OF CREDIT DEED OF TRUST NOT FOR FNMA. fitMO. fin OR VBUSE) (p��f �d( <) <br />01, 9d Bon'., 5VSIems. Inn, 9 t CIOUd MN Poem OCP -Rf DT- N11113N1 �� `( <br />(V® C4651NE) P902).02 VMPMORIG/FFfORMS 0002""' <br />