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C. M n (. c o Co <br />�c�ft't C n 3 <br />n U S n n z x m y- r� —+ M 0 0 <br />N A n= � � - <br />m 1` 0 3 <br />N Ca N <br />State of Nebraska Space Above This Line For Recording Data a <br />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) is Dec 30, 2002. <br />and the parties, their addresses and tax identification numbers, if required, me as follows: <br />S <br />TRUSTOR: TED J ROBB c <br />AKA, TEDD J ROBB <br />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 Tmetor's performance under this Security Instrument, 'foster irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sate, the following described <br />property: <br />PARCEL 1 &2: LOTS SEVEN (7) AND EIGHT (8), IN FONNER VIEW SECOND SUBDIVISION TO THE <br />CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA. PARCEL 3: LOT TWELVE (12), SUNNY <br />ACRES SUBDIVISION TO THE CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA. <br />The property is located in Hall at 1023 & 1027 HALL ST & <br />(county) <br />710 -716 CHURCH RD GRAND ISLAND ,Nebraska 68801 <br />(Address) (City) U`IP ( ode) <br />Together with all rights, easements, appurtenances, royalties, natural rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixim'es, and replacements that may <br />now, nr at any time in the future, 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 cxuced S 75. 092. 50 . This limitation of amount does not include inicresL 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 mid 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), contmet(s), gu trmny(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substimtons. (When referencing the debt/ below it is <br />suggected that you include items such us borrowers' names, note amounts, interest rates, maturdty dates, etc.) <br />A Promissory Note dated 12/30/2002 <br />NEBRASKA - DEED OF TRUST tNO' rm FNMA tN MC. FHA OU VA USE (pe 1 DI A) <br />0 1444 Hmke,S iy lane. lNC 5'. CIOUy MN (1 80C 3 >7 2! ) .- RE DINE ' 0127%] <br />(M-CI SS(NE)(9G08) C2 AP McRI GAGE CORMS- (aoo)52' -9291 <br />1 <br />