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TRUSTOR:THOMAS J DOLTON <br />KRISTIE A DOLTON <br />3103 BRIARWOOD BLVD <br />GRAND ISLAND, NE 68801 <br />01f 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), BLOCK THREE (3) IN BRENTWOOD SUBDIVISION IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in _ - _ _ _. _ _ _ Hall _ _ _ _ _ _ at 3103_BRIARWQOD BLVD_ _ <br />(County) <br />GRAND ISLAND _ _ - , Nebraska _ _ 68801 <br />_ <br />- - - - - - - (City) (ZIP Code) <br />(Address) <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 $ 11, 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 foll sother evidence of debt <br />A. Debt incurred under the terms of all promissory note(s), contract(s), g y( t s ) or <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 03/25 2005 <br />Loan #72055018, 72055019, 72(- 20, 72055021 <br />9 of 4) <br />NEBRASKA HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />f5(jjj:jW 0 1994 Bankers Systems, Inc., St. Claud, MN Form OCP- REDT -NE 113012002 <br />(-C465(NE) (0301) VMP MORTGAGE FORMS � (800)521 -7291 <br />T �= n <br />rn <br />C rn u7 <br />tV <br />r <br />cn <br />N <br />CD <br />r1 <br />w °; r <br />C7 <br />Vl <br />C_n .... <br />0 <br />c.r1 �. <br />Ql <br />rj <br />L7 <br />(1 <br />Cam= <br />mm� <br />rn <br />=3 <br />r <br />�+ <br />OD <br />cJ <br />CD <br />t.n <br />�w <br />cn <br />O <br />Space Above This Line For <br />Recording <br />Data <br />State of Nebraska <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />EJ Construction Security Agreement <br />[� <br />DATE <br />Master form recorded by <br />AND PARTIES. The <br />date of this Deed of Trust (Security Instrument) is Mar 25., <br />2005 <br />1. <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:THOMAS J DOLTON <br />KRISTIE A DOLTON <br />3103 BRIARWOOD BLVD <br />GRAND ISLAND, NE 68801 <br />01f 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), BLOCK THREE (3) IN BRENTWOOD SUBDIVISION IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in _ - _ _ _. _ _ _ Hall _ _ _ _ _ _ at 3103_BRIARWQOD BLVD_ _ <br />(County) <br />GRAND ISLAND _ _ - , Nebraska _ _ 68801 <br />_ <br />- - - - - - - (City) (ZIP Code) <br />(Address) <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 $ 11, 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 foll sother evidence of debt <br />A. Debt incurred under the terms of all promissory note(s), contract(s), g y( t s ) or <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 03/25 2005 <br />Loan #72055018, 72055019, 72(- 20, 72055021 <br />9 of 4) <br />NEBRASKA HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />f5(jjj:jW 0 1994 Bankers Systems, Inc., St. Claud, MN Form OCP- REDT -NE 113012002 <br />(-C465(NE) (0301) VMP MORTGAGE FORMS � (800)521 -7291 <br />