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TRUSTOR: STANLEY R HANEY and NANCY J HANEY. HUSBAND AND WIFE,
<br />304 W 8TH ST
<br />GRAND ISLAND, NE 68801
<br />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 />THE SOUTHERLY NINETY (90) FEET OF THE FOLLOWING DESCRIBED TRACT OF GROUND, VIA:
<br />FRACTIONAL LOT NINE (9) AND THE EASTERLY SIX (6) FEET OF FRACTIONAL LOT EIGHT (8) IN
<br />FRACTIONAL BLOCK FOUR (4) IN RUSSEL WHEELER'S ADDITION, AND FRACTIONAL LOT EIGHT (8)
<br />AND THE EASTERLY SIX (6) FEET OF FRACTIONAL LOT SEVEN (7), IN FRACTIONAL BLOCK ONE
<br />HUNDRED THIRTY -SEVEN (137) IN UNION PACIFIC RAILWAY COMPANY'S SECOND ADDITION, BOTH
<br />BEING ADDITIONS TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hal 1 at 304 W 8TH ST
<br />(County)
<br />GRAND ISLAND Nebraska 68801
<br />(Address) (City) ('LIP 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 shall .
<br />not exceed $ 63, 333.00 . This limitation of amount does not include interest 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 and 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), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />.suggested that you Include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 03/31/2005
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA U$E) (page t J �1 /
<br />E5(15e_ g 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 n �1
<br />`M - C165(NE) 103011 VMP MORTGAGE FORMS - (800)521 -7291
<br />4)
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<br />805786
<br />DEED OF TRUS'C
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar
<br />31, 2005
<br />and the parties, their addresses
<br />and tax identification
<br />numbers, if required, are as follows:
<br />TRUSTOR: STANLEY R HANEY and NANCY J HANEY. HUSBAND AND WIFE,
<br />304 W 8TH ST
<br />GRAND ISLAND, NE 68801
<br />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 />THE SOUTHERLY NINETY (90) FEET OF THE FOLLOWING DESCRIBED TRACT OF GROUND, VIA:
<br />FRACTIONAL LOT NINE (9) AND THE EASTERLY SIX (6) FEET OF FRACTIONAL LOT EIGHT (8) IN
<br />FRACTIONAL BLOCK FOUR (4) IN RUSSEL WHEELER'S ADDITION, AND FRACTIONAL LOT EIGHT (8)
<br />AND THE EASTERLY SIX (6) FEET OF FRACTIONAL LOT SEVEN (7), IN FRACTIONAL BLOCK ONE
<br />HUNDRED THIRTY -SEVEN (137) IN UNION PACIFIC RAILWAY COMPANY'S SECOND ADDITION, BOTH
<br />BEING ADDITIONS TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hal 1 at 304 W 8TH ST
<br />(County)
<br />GRAND ISLAND Nebraska 68801
<br />(Address) (City) ('LIP 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 shall .
<br />not exceed $ 63, 333.00 . This limitation of amount does not include interest 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 and 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), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />.suggested that you Include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 03/31/2005
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA U$E) (page t J �1 /
<br />E5(15e_ g 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 n �1
<br />`M - C165(NE) 103011 VMP MORTGAGE FORMS - (800)521 -7291
<br />4)
<br />
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