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Mry� ;aJ <br />V1 <br />1. <br />804542 <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />EJ Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec 12 , 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: JAMES R HOLTGREWE and BARBARA L HOLTGREWE, HUSBAND AND WIFE, <br />4240 MANCHESTER RD <br />GRAND ISLAND, ME 68803 <br />C_ <br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlachatede, Attorney <br />HE <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, ME 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 Trustor's performance under this Security Instrument, Tmstor irrevocably <br />grants, conveys and sells to Trustee, in Dust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT SIXTY TWO (62), LE HEIGHTS FOURTH SUBDIVISION, GRAND ISLAND,HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall , .., at 4240 MANCHESTER 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, structures, fixtures, and replacements that may <br />now, or at any time in the forme, 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 shall <br />not exceed $ 95, 085.50 . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />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), cormaet(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dares, etc) <br />A Promissory Note dated 12/12/2002 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNM A, FRLMO, Fix OR VA USE) (p29 eyR /4J <br />1994 Bankers Systems, Inc., St Como, NN (I sG 39R1341) Farm PEOT NE 10127197 <br />(a -C1 6 SINE) astir 02 VM P MORTGAGE FORMS (000(5314291 <br />T <br />2 <br />A <br />T <br />n c <br />Zo <br />I <br />ur <br />n <br />N. <br />o N <br />o <br />� <br />N <br />2 <br />N <br />1 <br />M <br />z <br />tD <br />CD <br />a <br />T <br />(D <br />TO <br />cm, <br />L, <br />N <br />Au <br />� <br />;ts <br />N <br />N <br />:N <br />S <br />on <br />S <br />Co <br />S <br />200214224 <br />804542 <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />EJ Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec 12 , 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: JAMES R HOLTGREWE and BARBARA L HOLTGREWE, HUSBAND AND WIFE, <br />4240 MANCHESTER RD <br />GRAND ISLAND, ME 68803 <br />C_ <br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlachatede, Attorney <br />HE <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, ME 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 Trustor's performance under this Security Instrument, Tmstor irrevocably <br />grants, conveys and sells to Trustee, in Dust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT SIXTY TWO (62), LE HEIGHTS FOURTH SUBDIVISION, GRAND ISLAND,HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall , .., at 4240 MANCHESTER 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, structures, fixtures, and replacements that may <br />now, or at any time in the forme, 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 shall <br />not exceed $ 95, 085.50 . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />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), cormaet(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dares, etc) <br />A Promissory Note dated 12/12/2002 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNM A, FRLMO, Fix OR VA USE) (p29 eyR /4J <br />1994 Bankers Systems, Inc., St Como, NN (I sG 39R1341) Farm PEOT NE 10127197 <br />(a -C1 6 SINE) astir 02 VM P MORTGAGE FORMS (000(5314291 <br />