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CrI <br />0) <br />B - <br />Q. <br />Q. <br />Z- <br />State of Nebraska <br />n <br />M <br />n <br />R <br />x0 <br />rn <br />�n <br />C <br />n v <br />aN <br />el <br />rn <br />n 2 <br />CZ7_3 <br />3 <br />c= a <br />ry <br />�M <br />CD <br />i--' <br />C <br />rri <br />C7 'T1 <br />C� <br />. <br />rrt ., <br />Cl-1 <br />_17 rr1 <br />u <br />co <br />Q <br />CID <br />Space Above This Line For Recording Data <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) isMar 21, 2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:LARRY D CORNELIUS and ELOISE A CORNELIUS, HUSBAND AND WIFE <br />1808 VIRGINIA DR <br />Grand Island, NE 68803 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Rome Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <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 />LOTS SIX (6) AND SEVEN (7), REUTING'S SECOND SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 1808 VIRGINIA 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 $ 30, 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(s) 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 Line of Credit Agreement dated 03/21/2005 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />© 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1113/99 <br />-C465(NE) 199021.02 <br />® VMP MORTGAGE FORMS - (800)521.7291 <br />(page 1 of 4) <br />n <br />c <br />'D- <br />c= a <br />ry <br />�M <br />CD <br />C7 'T1 <br />C� <br />Cl-1 <br />_17 rr1 <br />co <br />Q <br />/� <br />C0 <br />0 <br />Space Above This Line For Recording Data <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) isMar 21, 2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:LARRY D CORNELIUS and ELOISE A CORNELIUS, HUSBAND AND WIFE <br />1808 VIRGINIA DR <br />Grand Island, NE 68803 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Rome Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <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 />LOTS SIX (6) AND SEVEN (7), REUTING'S SECOND SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 1808 VIRGINIA 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 $ 30, 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(s) 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 Line of Credit Agreement dated 03/21/2005 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />© 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1113/99 <br />-C465(NE) 199021.02 <br />® VMP MORTGAGE FORMS - (800)521.7291 <br />(page 1 of 4) <br />n <br />