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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST -.
<br />(With Future Advance Clause)
<br />[] Construction Security Agreement
<br />El Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 2 4, 2 0 0 5
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: FARBER INVESTMENT LLC
<br />PO BOX 5726, GRAND ISLAND, NE 68803
<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: 6 ; X f ee n
<br />LOTS FOURTEEN (14) AND 8jx*T4N (16), IN BLOCK NINE (9), IN UNIVERSITY PLACE AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND THAT PART OF VACATED
<br />PROSPECT STREET STARTING AT A POINT AT THE SOUTHWEST CORNER OF LOT SIXTEEN (16),
<br />BLOCK NINE (9), UNIVERSITY PLACE, AN ADDITON TO THE CITY OF GRAND ISLAND THENCE EAST
<br />ONE HUNDRED THIRTY -TWO FEET (E1321) ALONG THE SOUTHERLY LINE OF LOT SIXTEEN (16), TO
<br />THE SOUTHEAST CORNER OF LOT SIXTEEN (16), THENCE SOUTH THIRTY -FIVE FEET (S351) AT
<br />RIGHT
<br />X ANGLES
<br />F ET_WITH
<br />V1132 , SOUTHERLY LIN- S S LJTMgL��I�S THENCE
<br />nhjT1 IXTEEN ONE
<br />(16 ),THENCE
<br />lg property t is orated in G ?C t N HaCC�511- YYiiee $ - - - TJ 2 2 013 - 2 0 5 N HOWARD - - -
<br />(County) Nebraska 68801
<br />GRAND ISLNAD _ _ _ _ - - -
<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 $ 37,762.93 _ _ _ 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 06/24/2005
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />E 7 _Fg' 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />- C165(NE) (030 1) vMR MORTGAGE FORMS - (8001521 7291
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST -.
<br />(With Future Advance Clause)
<br />[] Construction Security Agreement
<br />El Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 2 4, 2 0 0 5
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: FARBER INVESTMENT LLC
<br />PO BOX 5726, GRAND ISLAND, NE 68803
<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: 6 ; X f ee n
<br />LOTS FOURTEEN (14) AND 8jx*T4N (16), IN BLOCK NINE (9), IN UNIVERSITY PLACE AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND THAT PART OF VACATED
<br />PROSPECT STREET STARTING AT A POINT AT THE SOUTHWEST CORNER OF LOT SIXTEEN (16),
<br />BLOCK NINE (9), UNIVERSITY PLACE, AN ADDITON TO THE CITY OF GRAND ISLAND THENCE EAST
<br />ONE HUNDRED THIRTY -TWO FEET (E1321) ALONG THE SOUTHERLY LINE OF LOT SIXTEEN (16), TO
<br />THE SOUTHEAST CORNER OF LOT SIXTEEN (16), THENCE SOUTH THIRTY -FIVE FEET (S351) AT
<br />RIGHT
<br />X ANGLES
<br />F ET_WITH
<br />V1132 , SOUTHERLY LIN- S S LJTMgL��I�S THENCE
<br />nhjT1 IXTEEN ONE
<br />(16 ),THENCE
<br />lg property t is orated in G ?C t N HaCC�511- YYiiee $ - - - TJ 2 2 013 - 2 0 5 N HOWARD - - -
<br />(County) Nebraska 68801
<br />GRAND ISLNAD _ _ _ _ - - -
<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 $ 37,762.93 _ _ _ 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 06/24/2005
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />E 7 _Fg' 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />- C165(NE) (030 1) vMR MORTGAGE FORMS - (8001521 7291
<br />,�(pa f 4)
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