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E\ <br />�. <br />!tea <br />State or Nehm.l" <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) isDe.c_ 18. 2002 _ ----- <br />_ <br />and the parties, their addresses and tax identification numbers, if required, we as follows: <br />TRUSTOR:CHERYL F LADE FKA CHERYL FAY LADE, AN UNMARRIED PERSON <br />2303 DEL MAR AVE <br />GRAND ISLAND. NE 68803 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trusters, 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 />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, Treater 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 ONE (1) BLOCK SIX (6) IN KAY -DEE SUBDIVISION. LOCATED ON PART OF THE SOUTHWEST <br />QUARTER OF THE SOUTHWEST QUARTER (SW1 /4SW1 /4) OF SECTION TWENTY ONE (21) TOWNSHIP <br />ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY. NEBRASKA <br />The property is located in Hall _ _ _ _ _ _ ------ _ at 230.3, DEL MAR _AVE _ _ _ _ <br />GRAND_ISLAND ___,Nebraska 68803 ---- <br />(Addresr) (CRy) (ZIP Coda) <br />Together with al] rights, easements, appurtenances, royalties, minis] lights, 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 it= in the future, be part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LEMT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $10.000.00 _ . This limitation of antount does not include interest and other <br />fees and charges validly made pursuant to this Scuwity Instrument. Also, this Entitation 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 ss follows: <br />A. Debt incurred under the teens of all prorn saory note(s), contract(s), gumanty(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (you moat spedyfically identify <br />the debars) secured and you should include the final maturity date ofsuch debt(s)_) <br />A Line of Credit Agreement dated 1211812002 <br />NEBRASKA . HOME EaUrry LINE OF CREDIT DEED OF TRUST (Kul F0l lame. 1111.1, Iac O1 vn For) ®% (pee10ld) <br />© 199< B.1,116yslwn. Inc.. at Clwb MN Form OCP 1111 b III )fl0 LJG- <br />�® D6651NE)(99a1).02 VMP MOIIr GAGL FORMS - (9111111211 <br />ra <br />l'1 i] <br />o co <br />O <br />C <br />n S <br />N <br />c i <br />N <br />n <br />r) <br />? <br />ac. <br />TI <br />z m <br />O <br />X <br />ON <br />,yy"4 <br />0, <br />n= <br />m <br />ra <br />C' <br />c" L <br />m <br />7' <br />cyl <br />p@ <br />w <br />—� <br />u <br />� <br />i <br />N <br />20021451; <br />Saace Above this time For Recording Deto <br />- <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) isDe.c_ 18. 2002 _ ----- <br />_ <br />and the parties, their addresses and tax identification numbers, if required, we as follows: <br />TRUSTOR:CHERYL F LADE FKA CHERYL FAY LADE, AN UNMARRIED PERSON <br />2303 DEL MAR AVE <br />GRAND ISLAND. NE 68803 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trusters, 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 />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, Treater 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 ONE (1) BLOCK SIX (6) IN KAY -DEE SUBDIVISION. LOCATED ON PART OF THE SOUTHWEST <br />QUARTER OF THE SOUTHWEST QUARTER (SW1 /4SW1 /4) OF SECTION TWENTY ONE (21) TOWNSHIP <br />ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY. NEBRASKA <br />The property is located in Hall _ _ _ _ _ _ ------ _ at 230.3, DEL MAR _AVE _ _ _ _ <br />GRAND_ISLAND ___,Nebraska 68803 ---- <br />(Addresr) (CRy) (ZIP Coda) <br />Together with al] rights, easements, appurtenances, royalties, minis] lights, 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 it= in the future, be part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LEMT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $10.000.00 _ . This limitation of antount does not include interest and other <br />fees and charges validly made pursuant to this Scuwity Instrument. Also, this Entitation 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 ss follows: <br />A. Debt incurred under the teens of all prorn saory note(s), contract(s), gumanty(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (you moat spedyfically identify <br />the debars) secured and you should include the final maturity date ofsuch debt(s)_) <br />A Line of Credit Agreement dated 1211812002 <br />NEBRASKA . HOME EaUrry LINE OF CREDIT DEED OF TRUST (Kul F0l lame. 1111.1, Iac O1 vn For) ®% (pee10ld) <br />© 199< B.1,116yslwn. Inc.. at Clwb MN Form OCP 1111 b III )fl0 LJG- <br />�® D6651NE)(99a1).02 VMP MOIIr GAGL FORMS - (9111111211 <br />