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O --i <br />ii I o M �. <br />_ (� Q � -� O <br />r) t 1 CA ry o T ° to <br />rn ! r �:)o C-171 <br />CD r— D- <br />K 'e Cr1 co <br />F D 7 ~ CD <br />F--h C Z <br />200315173 ° <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />E] Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isNov 10, 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:CHARLES E BRONSON and BRENDA M BRONSON, HUSBAND AND WIFE <br />C� <br />i <br />860 W GILTNER ROAD <br />DONIPHAN, NE 68832 <br />E-1 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Home Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <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 ONE (1), BRONSON SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 860_ W GILTNER ROAD <br />(County) <br />DONIPHAN_ 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 <br />shall not exceed $14 , 500.00 . 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(s) 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 11/10/2003 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />dM - C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />