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TRUSTOR: SHANE L JOBMAN and GIDGIT M JOBMAN, HUSBAND AND WIFE <br />4321 MICHIGAN AVE <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 />LOT TWO (2), IN BLOCK ONE (1) OF JACK VOSS SECOND SUBDIVISION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall _ _ at 4321 MICHIGAN AVE <br />(County) <br />GRAND ISLAND — — — — , Nebraska 68801_ _ _ <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 shall <br />not exceed $ 56, 070.50 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 05/20/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, PHLMC, FHA OR VA USE) Q M rrn (page <br />f5<15? 1994 Bankers Systems, Inc., St. Cloud, MN FO RE -DT -NE 1/3012002 �J -,� \Y <br />M -C1 65(NE) (0301) VMP MORTGAGE FORMS - (800)521.7291 <br />M e) r <br />rn <br />a <br />n <br />n <br />rn a '` <br />cn ' <br />� <br />.-.i M <br />o <br />m.�. <br />PIZ z Y, <br />Cn <br />Z <br />State of Nebraska Space Above This Line For <br />Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause)�� <br />E] Construction Security Agreement <br />❑ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 20, 20_05 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: SHANE L JOBMAN and GIDGIT M JOBMAN, HUSBAND AND WIFE <br />4321 MICHIGAN AVE <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 />LOT TWO (2), IN BLOCK ONE (1) OF JACK VOSS SECOND SUBDIVISION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall _ _ at 4321 MICHIGAN AVE <br />(County) <br />GRAND ISLAND — — — — , Nebraska 68801_ _ _ <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 shall <br />not exceed $ 56, 070.50 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 05/20/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, PHLMC, FHA OR VA USE) Q M rrn (page <br />f5<15? 1994 Bankers Systems, Inc., St. Cloud, MN FO RE -DT -NE 1/3012002 �J -,� \Y <br />M -C1 65(NE) (0301) VMP MORTGAGE FORMS - (800)521.7291 <br />