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State of Nebraska Space Above This Line For Recording Data <br />805187 DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />EJ Master form recorded by_ ---------------- ------------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 29,- 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: STEPHEN R BELTZER and JACQUELINE R BELTZER, HUSBAND AND WIFE, <br />1407 STAGECOACH RD <br />GRAND ISLAND, NE 68801 <br />01f 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 NINE (9), IN BLOCK ONE (1), REPLAT OF RIVERSIDE ACRES SUBDIVISION TO THE CITY OF <br />GRAND ISLAND,HALL COUNTY, NEBRASKA. <br />The property is located in Hal l at 1407 STAGECOACH 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 $ 42 , 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 09/29/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) 17 Lo <br />15415j�� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />dM CI65(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291 <br />M <br />= <br />n <br />- � <br />n <br />C <br />® <br />m cn <br />n = <br />7C <br />° <br />o�-4 <br />p <br />n <br />M> <br />� <br />�D <br />ov <br />�-�� <br />rn <br />R <br />1 <br />3: <br />M <br />—� <br />rnC%. <br />W <br />p <br />-n <br />z <br />W <br />CD <br />rn <br />M <br />co <br />0 <br />3 <br />rn <br />w <br />co <br />N <br />C <br />W <br />C <br />j <br />W <br />CD <br />Cn <br />CIO <br />Z <br />0 <br />State of Nebraska Space Above This Line For Recording Data <br />805187 DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />EJ Master form recorded by_ ---------------- ------------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 29,- 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: STEPHEN R BELTZER and JACQUELINE R BELTZER, HUSBAND AND WIFE, <br />1407 STAGECOACH RD <br />GRAND ISLAND, NE 68801 <br />01f 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 NINE (9), IN BLOCK ONE (1), REPLAT OF RIVERSIDE ACRES SUBDIVISION TO THE CITY OF <br />GRAND ISLAND,HALL COUNTY, NEBRASKA. <br />The property is located in Hal l at 1407 STAGECOACH 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 $ 42 , 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 09/29/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) 17 Lo <br />15415j�� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />dM CI65(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291 <br />