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a <br />State of Nebraska <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />c:>m <br />N <br />O <br />O �. <br />W <br />s in <br />N3 <br />W3 <br />CD <br />N r-11 <br />Z <br />O <br />d <br />E] Master form recorded by _ _ - _ _ - - _ _ _ _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Oct 22 , 2_0_0_3_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:CHARLES V GREGORY and DEBRA ANNE GREGORY, HUSBAND AND WIFE <br />4159 FAIDLEY AVE <br />GRAND ISLAND, NE 68803 <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 THREE (3), WESTWOOD PARK SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in ----- Hall ----- -- ------- - - - - at 4159 FAI-DLEY -AVE ---------- <br />(County) <br />- - --- - - - - -- ------- - - - - -- <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 <br />shall not exceed $ 24, 800.00 . 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 Beneficiay 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 debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 10/22/2003 <br />NEBRASKA • HOME EOUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />c� 0 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 <br />dM C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />W <br />n <br />c <br />n <br />= <br />Z <br />o <br />11 <br />7C <br />° <br />Z <br />t7 1 <br />� <br />� <br />C/) <br />� <br />_"4 t'*7 <br />IrTi <br />c� <br />N <br />O r1 <br />O <br />T1 <br />Z <br />a <br />= M <br />MM <br />Z3 <br />r <br />a <br />r D <br />� <br />� <br />n <br />N <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />c:>m <br />N <br />O <br />O �. <br />W <br />s in <br />N3 <br />W3 <br />CD <br />N r-11 <br />Z <br />O <br />d <br />E] Master form recorded by _ _ - _ _ - - _ _ _ _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Oct 22 , 2_0_0_3_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:CHARLES V GREGORY and DEBRA ANNE GREGORY, HUSBAND AND WIFE <br />4159 FAIDLEY AVE <br />GRAND ISLAND, NE 68803 <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 THREE (3), WESTWOOD PARK SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in ----- Hall ----- -- ------- - - - - at 4159 FAI-DLEY -AVE ---------- <br />(County) <br />- - --- - - - - -- ------- - - - - -- <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 <br />shall not exceed $ 24, 800.00 . 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 Beneficiay 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 debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 10/22/2003 <br />NEBRASKA • HOME EOUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />c� 0 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 <br />dM C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />