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TRUSTOR:ELEANOR H SCHINKEL, AN UNMARRIED PERSON <br />4313 CLAUSSEN RD <br />GRAND ISLAND, NE 68803 <br />E] 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 SIX (6), IN CLAUSSEN SUBDIVISION BEING A PART OF THE WEST HALF OF THE <br />SOUTHWEST QUARTER (W1 /2SW1 /4) OF SECTION TWO (2), TOWNSHIP ELEVEN (11), RANGE TEN <br />(10) WEST OF THE 6TH P.M., IN HALL COUNTY, NE <br />The property is located in Hall _ _ _ - _ _ at 4313- CLAUSSEN _RD _ <br />(County) - - <br />- GRAND_ ISLAND --------- I Nebraska 6880.3 <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 <br />shall not exceed $ 22, 000.00 . This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this 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(ies) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debts) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 08/15/2003 <br />NEBRAS KA - HOME EQUR'Y LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) yy (page 1 of 4) <br />M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 <br />OM C465(NE) (wo1) VMP MORTGAGE FORMS - (800)521 -7291 <br />c} = D <br />`�.t- <br />C n M CA <br />r A., i <br />-" <br />�-- <br />c n <br />Z -� N <br />n Z n z <br />-� M o m <br />n v 1 ; <br />CL <br />n CA ( <br />T <br />N <br />r <br />C� N <br />D <br />7C = <br />f red <br />M:. <br />N <br />CD <br />CO <br />CA <br />Z <br />State of Nebraska Space Above <br />This Line For <br />Recording <br />Data 0 <br />REAL ESTATE DEED OF TRUST <br />A-2) <br />(With Future Advance Clause) <br />Q <br />0 Construction Security Agreement <br />0 Master form recorded by <br />- _ _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />Aug _15, _2003 <br />----------------- <br />and the parties, their addresses and tax identification numbers, if required, are as <br />follows: <br />TRUSTOR:ELEANOR H SCHINKEL, AN UNMARRIED PERSON <br />4313 CLAUSSEN RD <br />GRAND ISLAND, NE 68803 <br />E] 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 SIX (6), IN CLAUSSEN SUBDIVISION BEING A PART OF THE WEST HALF OF THE <br />SOUTHWEST QUARTER (W1 /2SW1 /4) OF SECTION TWO (2), TOWNSHIP ELEVEN (11), RANGE TEN <br />(10) WEST OF THE 6TH P.M., IN HALL COUNTY, NE <br />The property is located in Hall _ _ _ - _ _ at 4313- CLAUSSEN _RD _ <br />(County) - - <br />- GRAND_ ISLAND --------- I Nebraska 6880.3 <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 <br />shall not exceed $ 22, 000.00 . This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this 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(ies) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debts) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 08/15/2003 <br />NEBRAS KA - HOME EQUR'Y LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) yy (page 1 of 4) <br />M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 <br />OM C465(NE) (wo1) VMP MORTGAGE FORMS - (800)521 -7291 <br />