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State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />EJ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isDec 16 - 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:JAMES E SHULTZ and ANGELA G SHULTZ, HUSBAND AND WIFE
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<br />554 E 19TH ST
<br />GRAND ISLAND. NE 68801
<br />El 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 Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in most for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT EIGHTEEN (18) AND THE WESTERLY FIFTEEN FEET (15.0') OF LOT SEVENTEEN (17),
<br />BLOCK ONE (1). IN BLAIN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located in Hall at 554. E_ 19TH ST
<br />(County)
<br />GRAND ISLAND _ _ , Nebraska 68801
<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 future, be put 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 $10, 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'a 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), contraet(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 debts) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 12/16/2002
<br />NEBRASKA NOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. ixlMC. FNA OR VA ISE) � �((rg�1 f4)
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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />EJ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isDec 16 - 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:JAMES E SHULTZ and ANGELA G SHULTZ, HUSBAND AND WIFE
<br />N
<br />O
<br />0
<br />t—+
<br />S
<br />CAD
<br />N
<br />554 E 19TH ST
<br />GRAND ISLAND. NE 68801
<br />El 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 Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in most for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT EIGHTEEN (18) AND THE WESTERLY FIFTEEN FEET (15.0') OF LOT SEVENTEEN (17),
<br />BLOCK ONE (1). IN BLAIN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located in Hall at 554. E_ 19TH ST
<br />(County)
<br />GRAND ISLAND _ _ , Nebraska 68801
<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 future, be put 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 $10, 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'a 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), contraet(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 debts) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 12/16/2002
<br />NEBRASKA NOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. ixlMC. FNA OR VA ISE) � �((rg�1 f4)
<br />01994 Bank... SyfTem[, 111, 9L M
<br />Cloud N I— OCIPITT -NE 111361 `1
<br />10{465INEI(9902).02 VMP MORTGAGE FORMS - (600 )521 -729)
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