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<br />REAL ESTATE DEED OF TRUST This instrument constitutes a
<br />(With Future Advance Clause) construction security interest
<br />Construction Security Agreement under the Nebraska Construction
<br />Master form recorded by
<br />Lien Act.
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 25, 2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:FAMOS CONSTRUCTION, INC, A NEBRASKA CORPORATION BY AMOS C ANSON, PRESIDENT
<br />AMOS C ANSON, AN UNMARRIED PERSON
<br />540 E CAPITAL AVE
<br />GRAND ISLAND, NE 68801
<br />D 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 TEN (10), GRAND WEST FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The property is located in Hal 1 at 4057 CRAIG DR
<br />(County)
<br />GRAND ISLAND Nebraska 68803
<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 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
<br />shall not exceed $ 117, 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 />a. 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 speciftcally identify
<br />the debt (s) secured and you should include the final maturity date of such debt(s).)
<br />A Promissory Note dated 03/25/2005
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �/r (page l of 4)
<br />�-- DL.�M 0 1994 Bankers Systems, Inc., St- Cloud, MN Form OCP- REDT -NE 1/30/2002 W4-4��/
<br />®C465(NE) (o3o1) VMP MORTGAGE FORMS - (800)521 -7291
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<br />Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST This instrument constitutes a
<br />(With Future Advance Clause) construction security interest
<br />Construction Security Agreement under the Nebraska Construction
<br />Master form recorded by
<br />Lien Act.
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 25, 2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:FAMOS CONSTRUCTION, INC, A NEBRASKA CORPORATION BY AMOS C ANSON, PRESIDENT
<br />AMOS C ANSON, AN UNMARRIED PERSON
<br />540 E CAPITAL AVE
<br />GRAND ISLAND, NE 68801
<br />D 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 TEN (10), GRAND WEST FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The property is located in Hal 1 at 4057 CRAIG DR
<br />(County)
<br />GRAND ISLAND Nebraska 68803
<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 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
<br />shall not exceed $ 117, 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 />a. 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 speciftcally identify
<br />the debt (s) secured and you should include the final maturity date of such debt(s).)
<br />A Promissory Note dated 03/25/2005
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �/r (page l of 4)
<br />�-- DL.�M 0 1994 Bankers Systems, Inc., St- Cloud, MN Form OCP- REDT -NE 1/30/2002 W4-4��/
<br />®C465(NE) (o3o1) VMP MORTGAGE FORMS - (800)521 -7291
<br />
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