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<br />DEED OF TRUST
<br />
<br />,_, (With Future Advance Clause)
<br />L,J Construction Security Agrccmcnt
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<br />State of Nebraska
<br />
<br />D Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~oy _Q l...t
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />2005
<br />
<br />TRUSTOR: DAVID L THUERNAGLE, AN UNMARRIED PERSON
<br />
<br />2324 S AUGUST
<br />GRAND ISLAND, NE 68803
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<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Equitable Federal Savings Bank of Grand Island
<br />113-115 N Locust St
<br />Grand Island, NE 68801
<br />
<br />BENEFICIAR Y:
<br />Equitable Federal Savings Bank of Grand Island
<br />113-115 N. Locust Street Grand Island, NE 68801-6003
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />
<br />2. CONVEY ANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined helow) and Trustor's performance under this Security Instrument, Trustor irrevocahly
<br />grants, conveys and sells to Trustee, in trust for the henefit of Beneficiary, with power of sale, the following descrihed
<br />property:
<br />
<br />LOT ONE (1) IN ABRAHAMSON'S SUBDIVISION OF BLOCK FORTY-TWO (42) OF CHARLES WASMER'S ,:
<br />
<br />SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in _ _ ___ __ __ _ __ Hall
<br />(County)
<br />
<br />ill 610 S MONROE ST
<br />
<br />(Address)
<br />
<br />GRAND ISLAND
<br />- -- - --
<br />(Cily)
<br />
<br />, Nebraska
<br />
<br />68801
<br />(ZIP Code)
<br />
<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, he part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured hy this Security Instrument at anyone time shall
<br />not exceed $lO..!_ O.!l5_! 5_0__ ____ _ __ . 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 Deht" 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 suhstitutions. (When refereneinR the debts helow it is
<br />sURRested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, ete.)
<br />A Promissory Note dated 11/01/2005
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, IIlC_, St. Cloud, MN Form RE.-DT NE 1/30/2002
<br />.. -C165(NE) (03011 VMP MORTGAGE FORMS -1800)521 -7291
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