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V n N <br />\(� \ Fit tj(tt <br />D <br />T N <br />\ 3 r � <br />Q r s <br />T p � 1 U A C` ca n f-a �• <br />3 <br />20021415 N <br />N i i O� <br />State of Nebraska Space Above TMr Line For Recordte, Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isDec 13. 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:LINDA K RICKARD. A SINGLE PERSON <br />2614 W 1ST <br />GRAND ISLAND, NE 68803 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, thew 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 Trusto2 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 TWENTY -ONE (21) IN BLOCK FOURTEEN (14) IN ASHTON PLACE. AN ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in _ _ Hall _ at 2614 W 1ST <br />._._._(Cowry)___.______.. <br />GRAND ISLAND , Nebraska 68803 <br />(Addmss) (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 "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal meant secured by this Security Instrument at any one time <br />shall not exceed 55,000.00 . 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 Beneficial 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), guaranty(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date ofsuch debt(s).) <br />A Line of Credit Agreement dated 12/13/2002 <br />NEBRASKA - NNME EUUPFY LINE OF CREDIT GEED 0 I TRUST (Nei FOR FNMA, TRIM C. FHA OR VA USE) (pig I of 4) <br />1 0 9 4 RmYpS SyStemd, Inc.. S t . CIOUO, MN Foim OCP- REG4NE 1 /13fl9 <br />® C9R5INEI(9002)0Y CROP MORTGAGE FORMS- (800)521 -]241 <br />