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DEED OF TRUST <br />(With Future Advance Clause) EJ Construction Security Agreement <br />0 Master form recorded by = <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _Dec _23, 20_03 _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: KIRK A COLLAMORE and SUZANNE K COLLAMORE, HUSBAND AND WIFE <br />1603 CHESAPEAKE CIRCLE <br />GRAND ISLAND, NS 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, NS 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 THIRTY -SIX (36), MORNINGSIDE ACRES SUBDIVISION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in _ Hall _ _ _ _ _ _ at 16 0 3 CHESAPEAKE CIRCLE <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 $ 21, 532.40 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 12/23/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) Ipag <br />f5(15L. rn (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 / <br />-C 1651NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />M <br />> C: -1 C') Crl <br />M <br />CA c.a <br />D <br />. C <br />('1 <br />® <br />70 n — 4 R' <br />CD <br />rT, <br />CAD <br />CL <br />ri <br />= <br />R <br />Q <br />r <br />n � -T1 <br />, <br />rT, <br />CD <br />1-1 'S I"_ D <br />C73 <br />etn-i� <br />T <br />(j) <br />w <br />v <br />CD <br />F� Cr) <br />-J <br />r=3 <br />Cn <br />Z <br />O <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) EJ Construction Security Agreement <br />0 Master form recorded by = <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _Dec _23, 20_03 _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: KIRK A COLLAMORE and SUZANNE K COLLAMORE, HUSBAND AND WIFE <br />1603 CHESAPEAKE CIRCLE <br />GRAND ISLAND, NS 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, NS 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 THIRTY -SIX (36), MORNINGSIDE ACRES SUBDIVISION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in _ Hall _ _ _ _ _ _ at 16 0 3 CHESAPEAKE CIRCLE <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 $ 21, 532.40 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 12/23/2003 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) Ipag <br />f5(15L. rn (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 / <br />-C 1651NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />