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<br />State of Nebraska Space Above 'Phis Line For Recording Data
<br />173051054 TRUST �-
<br />REAL ESTATE DEED OF RUST TM DMRM f 00NSTUU 11; A
<br />(With Future Advance Clause) CUBTRJCrIIN SEOLFaIY INTERST
<br />Construction Security Agreement Ili THE INCA CUEiRILTHN
<br />El Master form recorded by LIEN ACT.
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 09, 2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:SHEILA K AXFORD, AN UNMARRIED PERSON
<br />318 PHEASANT DR
<br />GRAND ISLAND, NC 68801
<br />n If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N Locust St
<br />Grand Island. NE 68801
<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 trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT FORTY SIX (46), INDIANHEAD SEVENTH SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The property is located in Hal l at 3024 BIGHORN PL
<br />(County)
<br />GRAND ISLAND Nebraska 68801
<br />(Address) (City) (ZIP (,ode)
<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, fi-lures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGA'T'ION LIMIT. The total principal amount secured by this Security instrument at any one time
<br />shall not exceed $ 150, 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'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 as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt (s) secured and you should include the final maturity date of such debt(s).)
<br />A Promissory Note dated 03/09/2005
<br />NEBRASKA - ROME EQUITY LINE OF CREDIT DEED OF TRUST (Nor FOR FNMA, FHLMC, FHA OR VA USE) (pa9 t 4)
<br />Jp;r-L�JM cD 1994 Bankers Systems, MC., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 _,..-
<br />(-C465(NE) (0301) VMP MORTGAGE FORMS (800)521 -7291
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<br />State of Nebraska Space Above 'Phis Line For Recording Data
<br />173051054 TRUST �-
<br />REAL ESTATE DEED OF RUST TM DMRM f 00NSTUU 11; A
<br />(With Future Advance Clause) CUBTRJCrIIN SEOLFaIY INTERST
<br />Construction Security Agreement Ili THE INCA CUEiRILTHN
<br />El Master form recorded by LIEN ACT.
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 09, 2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:SHEILA K AXFORD, AN UNMARRIED PERSON
<br />318 PHEASANT DR
<br />GRAND ISLAND, NC 68801
<br />n If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N Locust St
<br />Grand Island. NE 68801
<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 trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT FORTY SIX (46), INDIANHEAD SEVENTH SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The property is located in Hal l at 3024 BIGHORN PL
<br />(County)
<br />GRAND ISLAND Nebraska 68801
<br />(Address) (City) (ZIP (,ode)
<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, fi-lures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGA'T'ION LIMIT. The total principal amount secured by this Security instrument at any one time
<br />shall not exceed $ 150, 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'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 as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt (s) secured and you should include the final maturity date of such debt(s).)
<br />A Promissory Note dated 03/09/2005
<br />NEBRASKA - ROME EQUITY LINE OF CREDIT DEED OF TRUST (Nor FOR FNMA, FHLMC, FHA OR VA USE) (pa9 t 4)
<br />Jp;r-L�JM cD 1994 Bankers Systems, MC., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 _,..-
<br />(-C465(NE) (0301) VMP MORTGAGE FORMS (800)521 -7291
<br />11�
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