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DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />0 Master form recorded by - - — — — — — — — — — — — — — — — — — — — — — — — — — — — — _ _ — _ 4t <br />I. DATE AND PARTIES. The date of this Dd of Ts(Scriy suet) is Dc 1, 20 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: BRIAN J DAVIS and DODI L DAVIS, HUSBAND AND WIFE <br />320 W 17TH <br />GRAND ISLAND, NE 68801 <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 />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 />SEE ATTACHMENT "A" <br />The property is located in _ _ Hall _ _ _ _ - _ _ - at 320 W 17TH _ - - - - - _ _ <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 $ 23, 3 8 6.3 9 _ . 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 12/12/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />Fq:15E� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />M -C1 65(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />ID <br />rn <br />= > <br />C <br />Fri cn <br />p <br />n V) <br />Q <br />-t <br />m <br />Q <br />- <br />n <br />N <br />N <br />0 <br />o <br />o i1 <br />_ <br />o <br />-*1 <br />C,D <br />N <br />: _ <br />_ <br />M <br />r— <br />rn gn, <br />o <br />3 <br />r <br />2 <br />N <br />W <br />n <br />cn N <br />C <br />Cn <br />CID <br />Z <br />0 <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />0 Master form recorded by - - — — — — — — — — — — — — — — — — — — — — — — — — — — — — _ _ — _ 4t <br />I. DATE AND PARTIES. The date of this Dd of Ts(Scriy suet) is Dc 1, 20 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: BRIAN J DAVIS and DODI L DAVIS, HUSBAND AND WIFE <br />320 W 17TH <br />GRAND ISLAND, NE 68801 <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 />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 />SEE ATTACHMENT "A" <br />The property is located in _ _ Hall _ _ _ _ - _ _ - at 320 W 17TH _ - - - - - _ _ <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 $ 23, 3 8 6.3 9 _ . 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 12/12/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />Fq:15E� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />M -C1 65(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />ID <br />