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M <br />M <br />c <br />H O ME ED UITY LINE a F CREDIT DEED OF TRUST (Not FOR FNMA, FH1MC. FHA OR VA USE) <br />IAUP002 <br />n_ <br />n <br />1994 Amke,s Systems. Inc.. 51. Cloud MN For OCP�RFDT -NE <br />V(j/l,")flA,' <br />(o <br />1 <br />State of pictures" <br />172054937 <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) `) <br />❑ Construction Security Agreement <br />❑ Master form recorded by___ _____ ____ __ _____ _____ ___________ ____ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Oct 15,_ 2003 _ -------------- <br />_ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:TERRY I DEWEY <br />JACKIE I DEWEY. HUSBAND AND WIFE <br />2210 N GRAND ISLAND AVE <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 />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 />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, Trial irrevocably <br />grants, conveys and sells to Trustee, in host for the benefit of Beneficiary, with power of sale, the following described <br />Property: <br />LOT SEVEN (7), IN BLOCK SEVENTEEN (17). IN COLLEGE ADDITION TO WEST LAWN. IN GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The proper ty is located in ---- ._---------- _Hall ______ at 2210_ N_ -GRAND _ISLAND_AV--- <br />Couvry) <br />_... GRAND ISLAND Nebraska ---- 66803____ <br />--------- (Address) (City) <br />ZIP Code) <br />Together with all rights, casements, 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 meant secured by this Security I ummiment at any one time <br />shall not exceed $ 20.000.00 ------------- - 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 w 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 nore(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 debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 10/15/2003 <br />NEBRASKA <br />H O ME ED UITY LINE a F CREDIT DEED OF TRUST (Not FOR FNMA, FH1MC. FHA OR VA USE) <br />IAUP002 <br />n_ <br />n <br />1994 Amke,s Systems. Inc.. 51. Cloud MN For OCP�RFDT -NE <br />V(j/l,")flA,' <br />C465(NE)1090 <br />0 VMP MORi GAGE FORMS .(800)621-7291 <br />N <br />n N <br />O fn <br />(n� <br />0 <br />F <br />- 1 <br />_, m <br />O <br />�Y <br />1 <br />1 <br />N <br />wo <br />vN <br />0 <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) `) <br />❑ Construction Security Agreement <br />❑ Master form recorded by___ _____ ____ __ _____ _____ ___________ ____ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Oct 15,_ 2003 _ -------------- <br />_ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:TERRY I DEWEY <br />JACKIE I DEWEY. HUSBAND AND WIFE <br />2210 N GRAND ISLAND AVE <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 />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 />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, Trial irrevocably <br />grants, conveys and sells to Trustee, in host for the benefit of Beneficiary, with power of sale, the following described <br />Property: <br />LOT SEVEN (7), IN BLOCK SEVENTEEN (17). IN COLLEGE ADDITION TO WEST LAWN. IN GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The proper ty is located in ---- ._---------- _Hall ______ at 2210_ N_ -GRAND _ISLAND_AV--- <br />Couvry) <br />_... GRAND ISLAND Nebraska ---- 66803____ <br />--------- (Address) (City) <br />ZIP Code) <br />Together with all rights, casements, 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 meant secured by this Security I ummiment at any one time <br />shall not exceed $ 20.000.00 ------------- - 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 w 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 nore(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 debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 10/15/2003 <br />NEBRASKA <br />H O ME ED UITY LINE a F CREDIT DEED OF TRUST (Not FOR FNMA, FH1MC. FHA OR VA USE) <br />IAUP002 <br />(Pgel L4) <br />Ae-A "D <br />1994 Amke,s Systems. Inc.. 51. Cloud MN For OCP�RFDT -NE <br />V(j/l,")flA,' <br />C465(NE)1090 <br />0 VMP MORi GAGE FORMS .(800)621-7291 <br />S <br />a <br />