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A n r o -mn,Yp N d ti O M cz a _ a G � o N O cn N v Y 7 N 711! State of Nebraska Space Above 'I his Line For Recording nato G33 REAL ESTATE DEED OF TRUST (With Future Advance Clause) 0 Construction Security Agreement 1. DATE AND PARTIES. The date of this Deed of Trust (Security hadmment) isDec 20. 2002 and the parties, their addresses and tax identification numbers, if required, are as follows: FRUSTOR: JOSEPH W MATTINGLY and LAURA J MATTINGLY, HUSBAND AND WIFE 1712 POST RD GRAND ISLAND. NE 68801 El If checked, refer to the attached Adderldmn incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: Earl D Ahischwede. Attorney NE BENEFICIARY: Equitable Federal Savings Bank of Grand Island 113 -115 N. Locust Street Grand Island. NE 68801 -6003 Organized and Existing Under the Laws of The State of Nebraska 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Tnlstor's performance under this Security Instruureut, Truster irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: LOT SEVEN (7). BLOCK TWO (2), FARMINGTON SECOND SUBDIVISION. IN THE CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA. The property is located in Hall _ _ at 1712 POST RD IT onmy) GRAND ISLAND _ , Nebraska 68801 (Address) (City) (ZIP Cude) Together with all rights, cascracnd, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian Tights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed $30.000.00 . This limitation of amount does not include interest and other fees and charges validly made pursuwrt to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory motels), contmet(s), guaranty(s) or other evidence of debt deacribal below and all their extensions, renewals, modifications or substitutions. (You must .specifically identify the debt(.9) secured and you should include 1he freal maturity date of such debus).) A Line of Credit Agreement dated 12/20/2002 NEBRASKA - HOME EnUITY LINE OF CREDIT BEER OF TRUST (NOT FOR FNMA, FaLMC, Foe OR VA USE) ^of 4) ©199<OmkPa Soot S.loc_ H,. OeFd MN Fwm OCP- RFEFFNE 10909 y (s CA66INEI(9902) 02 VMP MORTGAGE FORMS- (800511.7291 m