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TRUSTOR:ROBERT C ALMQUIST
<br />AMY L ALMQUIST
<br />4212 NORDIC RD
<br />GRAND ISLAND. NE 68803
<br />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 1'rustor's performance under this Security Instrument, Trustor 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 TWO (2), IN LE HEIGHTS THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY. NEBRASKA
<br />The property is located in Hall at 4212_ NORDIC RD _
<br />(County)
<br />GRAND ISLAND _ _. , Nebraska. _. 68803
<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, struetmes, 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 $11.600.00 . 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 perfoun any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The turn "Secured Debt' is defined ac 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. (Pau must specifically, identify
<br />the debt(e) secured andyou should include the final maturity date of such deb rs).)
<br />A Line of Credit Agreement dated 11/29/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. "INC I's 01'A Ill) (pope 1 of 4)
<br />(D 1994 Barrels System,. Inc. St Cloud MN Form OCR -0EaI -NE IF 3 99
<br />4W C45501E) (9902) 02 VMP MORT GAGE I ORMS- (500)521 -]291
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<br />200213599
<br />°
<br />State of Nebraska Space Above This Line For
<br />Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Furore Advance Clause)
<br />- LJ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isNov 29,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:ROBERT C ALMQUIST
<br />AMY L ALMQUIST
<br />4212 NORDIC RD
<br />GRAND ISLAND. NE 68803
<br />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 1'rustor's performance under this Security Instrument, Trustor 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 TWO (2), IN LE HEIGHTS THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY. NEBRASKA
<br />The property is located in Hall at 4212_ NORDIC RD _
<br />(County)
<br />GRAND ISLAND _ _. , Nebraska. _. 68803
<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, struetmes, 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 $11.600.00 . 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 perfoun any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The turn "Secured Debt' is defined ac 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. (Pau must specifically, identify
<br />the debt(e) secured andyou should include the final maturity date of such deb rs).)
<br />A Line of Credit Agreement dated 11/29/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. "INC I's 01'A Ill) (pope 1 of 4)
<br />(D 1994 Barrels System,. Inc. St Cloud MN Form OCR -0EaI -NE IF 3 99
<br />4W C45501E) (9902) 02 VMP MORT GAGE I ORMS- (500)521 -]291
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