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N � <br />(31 d <br />C� <br />N <br />CJD <br />_._ State of Nebraska <br />805794 <br />M I n F <br />-n <br />C n cn CZ) <br />= n <br />r_F +, r\7 <br />CD <br />t <br />c� <br />U� <br />CID N <br />CJl <br />.� C C) r °° <br />F-A <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />0 Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security instrument) is Apr 08, 2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LARRY W FOWLE, AN UNMARRIED PERSON <br />3027 W CAPITAL AVE <br />GRAND ISLAND, NE 68803 <br />El 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 />PARCEL 1: THE NORTH HALF (N 112) OF LOT ONE (1), AND THE NORTH HALF (N 112) OF THE <br />EAST ELEVEN FEET (11') OF LOT TWO (2), BLOCK TWO (2), IN H.G. CLARK'S ADDITION TO <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />PARCEL 2: SUITE NO. TWENTY -EIGHT (28), GARAGE M, "C" WINDSOR SQUARE CONDOMINIUM <br />PROPERTY REGIME IN UNIT THREE (3), LOT TWO (2), BLOCK EIGHT (8). REPLAT CONTINENTAL <br />GARDENS, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hal 1 at 1024 N EDDY ST. , 3027 W <br />(County) <br />CAPITAL AVE GRAND ISLAND Nebraska 68801 <br />(Address) (City) ("LIP Code) <br />Together with all rights, casements, 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 $ 53, 532.06 . 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 delfts 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 04/08/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 f 4 <br />1994 Bpnkors Systems, Inc.., St. Cloud, MN Form RE -DT -NE 1/3017002 <br />- C165(NE) (030 1) VMP MORTCACE FORMS - (800l521-7291 <br />