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- <br />on fi C, <br />T <br />c <br />o ur <br />O <br />Z <br />m v <br />o <br /><o <br />t <br />N <br />`N rn rr_. <br />x rn <br />7 <br />M mo <br />3 <br />r➢ <br />s <br />M <br />_ ry to <br />(D <br />O <br />C� <br />a� <br />E— <br />a <br />1 <br />N <br />010 <br />I <br />N <br />rt <br />' <br />State of Nebraska Space Above This Line <br />For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />L DATE AND PARTIES. The date of [his Deed of Trust (Security Instrument) isDec 11,_ <br />2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:MELVIN D GRIESS and JULIE M GRIESS. HUSBAND AND WIFE <br />2680 ST PATRICK AVE <br />GRAND ISLAND, NE 68803 <br />0 If checked, refer to the attached Addendum incorporated herein, for additional <br />Trustors, <br />their signatures <br />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 Trustoi 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 THREE (3), DICKEY SEVENTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall _ _ _ _ _ at 2680 ST PATRICK AVE. <br />(county) <br />GRAND ISLAND , Nebraska 68803 <br />(Andress) (City) (ZIP Cade) <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 $ 20, 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 note(s), contract(s), gu mty(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 of such debt(s).) <br />A Line of Credit Agreement dated 12/11/2002 <br />NEBRASKA HOME EBUITY LINE OF CREDIT DEED OF TRUST (NOT FOR ERMA. FHLMO FHA OR VA USE) /fa/ (pGge) <br />© 1994 Tankers Systems, Inc., St CIOue, RAN Form OCP- REOLNE 1/1 F R9� <br />®® C465INEI(1902).02 Sir MORTGAGE FORMS - (000)521 -9291 <br />