|
(With Future Advance Clause) C7l
<br />0 Construction Security Agreement G
<br />Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 26, 2005
<br />— — — — — — — — — — —
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: KEITH A JORGENSEN and RITA K JORGENSEN, HUSBAND AND WIFE
<br />617 W STOLLEY PARK RD
<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 />LOTS THREE (3) AND FOUR (4) IN HAGGES' SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NBERASKA
<br />The property is located in — _ at 617 W STOLLEY PARK RD
<br />- -
<br />-- - - - -
<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 $ 22, 860.66 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 05/26/2005
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (pa \4)
<br />Ej(M c� 1994 Bankers Systems, Inc., St. Claud, MN Farm RE -DT -NE 1/30/2002
<br />dM C165(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291
<br />•
<br />;13
<br />M
<br />n
<br />n
<br />•
<br />rn
<br />■11(�
<br />Z
<br />n
<br />2
<br />-...
<br />I c
<br />N
<br />f11
<br />?a
<br />to
<br />l
<br />rr CD
<br />err..
<br />C"-)
<br />Ui
<br />U�
<br />CO
<br />CD
<br />A
<br />W r- h
<br />C
<br />Cn
<br />Q
<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED
<br />OF TRUST
<br />(With Future Advance Clause) C7l
<br />0 Construction Security Agreement G
<br />Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 26, 2005
<br />— — — — — — — — — — —
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: KEITH A JORGENSEN and RITA K JORGENSEN, HUSBAND AND WIFE
<br />617 W STOLLEY PARK RD
<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 />LOTS THREE (3) AND FOUR (4) IN HAGGES' SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NBERASKA
<br />The property is located in — _ at 617 W STOLLEY PARK RD
<br />- -
<br />-- - - - -
<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 $ 22, 860.66 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 05/26/2005
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (pa \4)
<br />Ej(M c� 1994 Bankers Systems, Inc., St. Claud, MN Farm RE -DT -NE 1/30/2002
<br />dM C165(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291
<br />
|