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T x a c o w o .0 _ h\ ib1 N 1"1'4 s 4 u, N — O ti© °v m O O � N vni W 7 N O AL 200213080 N State or Nebraska Space Above "is Lim r Recording Data REAL ESTATE DEED OF TRUST (With Future Advance Clause) 0 Construction Security Agreement 1. DATE AND PARTIES. The date of this Deed of Trust (Security instrument) isNov 14. 2002 and the parties, their addresses and tax identification numbers, if required, are as follows: iU TRUSTOR:JOHN C HOUSELOG and SHIRLEY M HOUSELOG. HUSBAND AND WIFE 2018 W 11TH GRAND ISLAND, NE 68803 If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures and acknowledgments. TRUSTEE: Earl D Ahlschwede, Attorney NE BENEFICIARY: Equitable Federal Savings Bank of Grand Island 113 -115 N. Locust Street Grand Island, NE 68801 -6003 Organized and Existing Under the Laws of The State of Nebraska 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: THE EASTERLY TEN FEET (10') OF LOT ELEVEN AND ALL OF LOT TWELVE (12), BLOCK NINE (9), BOGGS AND HILL'S ADDITION TO GRAND ISLAND. IN HALL COUNTY. NEBRASKA The property is located in _ Hall at 2018 W 11TH (County) - -- ..GRAND ISLAND , Nebraska 68803 (Address) (City) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property "). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by thus Security Instrument at any one time shall not exceed $ 7, 000.00 . This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined l follows: A. Debt incurred under the terms of all promissory note(s), contract(s), gui ranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (You must specically identify the debt(s) secured and you .should include the frual maturity date of such debt(e).) A Line of Credit Agreement dated 11/14/2002 _ NEBRASKA 1994 Te � HOME EDURY Cloud, o F Form CREDIT DEED OF TRUST (soT FOR FrvMA, FxtM r. CIA OR VA USE) (fxxJe Q 1994 am4pf Systems, Inp. SL CIOU6 MN Foim OCR - REOI -NE I /1399 ®® C6E$(DEI(9Y02).02 VMP MORTGAGE FORMS - (800)521 -7291