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W <br />• <br />ra <br />2 <br />> <br />'1 <br />-n <br />1 <br />C <br />rn <br />U <br />... <br />Z <br />_ <br />CD <br />CA <br />CrI r.....,. <br />a, <br />CO <br />c <br />v <br />C.0 <br />Z <br />State of Nebraska <br />Space Above This Line <br />For Recording <br />Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement F-1 Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 16, 2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RODNEY J DIEHL and SUSAN C DIEHL, HUSBAND AND WIFE <br />4239 SPRINGVIEW DR <br />GRAND ISLAND, NE 68803 <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 TWENTY (20), WESTROADS ESTATES FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 4239 SPRINGVIEW_DR _ <br />(County) <br />GRAND ISLAND , Nebraska _ 68803 <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 $ 16, 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 09/16/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page t Of 4) <br />Emmett"' 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />(M C165(NE) (0301) VMP MORTGAGE "FORMS - 1800)521-7291 _ <br />