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TRUSTOR: THOMAS J KLOSTERMEYER and MARGARET C KLOSTERMEYER HUSBAND AND WIFE, <br />2901 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, Tnistor 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 FIVE (5) AND THE EAST FIFTEEN FEET (E151) OF LOT FOUR (4), BLOCK ONE (1), IN <br />STEWART PLACE SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 2901 W STOLLEY PARK RD <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 $ 40, 086.00 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 07/13/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) page Of 4) <br />EX1xr E m (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />0 -C165(NE) (030 1) V0 MOftT�,AGEFO%4$ i800)521 -7291 <br />n <br />..., <br />�m:.. <br />{�•1' <br />b <br />� i- <br />r__ <br />CrI a ,.,..� <br />n <br />x x <br />`ter <br />-fit <br />C:) <br />C=) <br />� <br />rTl 11 <br />- -� <br />k ;7 <br />-,r� <br />Q <br />n <br />r- <br />C77 <br />N <br />co <br />� <br />A <br />� <br />co <br />co <br />State of Nebraska Space Above This Line For Recording Ma <br />-� <br />DEED OF TRUST <br />(With Future Advance Clause) <br />,. <br />J" <br />0 Construction Security Agreement <br />0 Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 13, <br />2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: THOMAS J KLOSTERMEYER and MARGARET C KLOSTERMEYER HUSBAND AND WIFE, <br />2901 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, Tnistor 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 FIVE (5) AND THE EAST FIFTEEN FEET (E151) OF LOT FOUR (4), BLOCK ONE (1), IN <br />STEWART PLACE SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 2901 W STOLLEY PARK RD <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 $ 40, 086.00 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 07/13/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) page Of 4) <br />EX1xr E m (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />0 -C165(NE) (030 1) V0 MOftT�,AGEFO%4$ i800)521 -7291 <br />