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BENEFICIARY:
<br />Equitable Federal Saving. Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organised and Existing Under the Law. 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 Seemed Debt (defined below) and TNBtor'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 FOUR (4), IN BLOCK THIRTY -FOUR (34), IN CHARLES WASMER'S 2ND ADDITION TO CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall - at 1717 W LOUISE
<br />(county)
<br />GRAND ISLAND Nebraska 68803
<br />(Adds,,) (City) (ZIP ( ade)
<br />Together with all rights, casements, appurtenances, royalties, numeral 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, he part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal anount secured by this Security Instrument at any one time shall
<br />not exceed $ 66, 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), contract(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 datey etc.)
<br />A Promissory Note dated 12/16/2002
<br />NEBRASKA DEED OF TRUST (NOT rORFNMn, FlaMC. PnA ORVA USE)
<br />Q 1991 n m SI Cl,,d MN n Boo -397 3341) Fm RE ET NE 10/27/97
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<br />State of Nebraska Space Above This Line For Recording
<br />Data
<br />804541 DEED OF TRUST
<br />(With Future Advance Clause)
<br />'
<br />0 Construction Security Agreement
<br />i
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec 16,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTER: VIRGIL E REIMERS and DORIS J REIMERS, HUSBAND
<br />AND WIFE,
<br />1717 W LOUISE ST
<br />GRAND ISLAND, NE 68803
<br />El If checked, rifer to the attached Addendum incorporated herein, for
<br />additional
<br />Trustors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwedes, Attorney
<br />RE
<br />BENEFICIARY:
<br />Equitable Federal Saving. Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organised and Existing Under the Law. 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 Seemed Debt (defined below) and TNBtor'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 FOUR (4), IN BLOCK THIRTY -FOUR (34), IN CHARLES WASMER'S 2ND ADDITION TO CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall - at 1717 W LOUISE
<br />(county)
<br />GRAND ISLAND Nebraska 68803
<br />(Adds,,) (City) (ZIP ( ade)
<br />Together with all rights, casements, appurtenances, royalties, numeral 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, he part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal anount secured by this Security Instrument at any one time shall
<br />not exceed $ 66, 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), contract(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 datey etc.)
<br />A Promissory Note dated 12/16/2002
<br />NEBRASKA DEED OF TRUST (NOT rORFNMn, FlaMC. PnA ORVA USE)
<br />Q 1991 n m SI Cl,,d MN n Boo -397 3341) Fm RE ET NE 10/27/97
<br />pap c
<br />- C165(NEI ) HUH)t2 VMPMORTGAGEFORM5- (800)5214291
<br />
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