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C <br />C <br />M <br />J <br />a <br />State of Nebraska <br />803982 <br />ll <br />S <br />rn <br />M <br />rn <br />T <br />C <br />Z <br />Cn <br />S <br />nt) <br />= D <br />v <br />M CA <br />c� <br />Cl) Cn <br />rn <br />-n <br />M <br />% <br />3 <br />1D <br />p <br />f D <br />w <br />Space Above <br />This Line For Recording Data — <br />DEED OF TRUST <br />(With Future Advance Clause) <br />D Construction Security Agreement <br />200310483 <br />CD <br />r=1- <br />N �p <br />CD Q <br />CD <br />W N <br />O �* <br />S � <br />CO D <br />W <br />O <br />"t <br />D Master form recorded by ------------------------------------------------------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 06,_ 2003 ------------------ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: GARY L HEDMAN and DEANNA M HEDMAN, HUSBAND & WIFE <br />349 SUNSET DR <br />DONIPHAN, NE 68832 <br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschwede, Attorney <br />NE <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 FOUR (24), AMICK ACRES WEST SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in ----------------- Hall, - _- __ -_____ at 349 SUNSET -DR -------------- <br />(C ounty) <br />--------------------------- <br />DONIPHA _ , Nebraska 68832_____ <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 $ 27 , 085_._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 08/06/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (fie 1 <br />f5qM 0 1994 Bonkers Systems, Inc., St, Cloud, MN Form RE -DT -NE 1/30/2002 <br />�®Ct651NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />