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<br /> State of Nebraska Space Above This Line For Recording ~a
<br /> 0
<br />
<br />
<br />
<br />DEED OF TRUST
<br />(With .'uture Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by __ _ _____ ____ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Nov 03,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />2005
<br />
<br />,0
<br />~J
<br />
<br />TRUSTOR: DOUGLAS J REDMAN and NANETTE REDMAN, HUSBAND AND WIFE
<br />
<br />d
<br />
<br />27 PONDEROSA DR
<br />GRAND ISLAND, NE 68803-9640
<br />
<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 />BENEFICIARY:
<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. 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 FIFTEEN (15), BLOCK ONE (1), PONDEROSA LAKE ESTATES SUBDIVISION IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in __ _ _ _ _ _ __ _
<br />
<br />Hall
<br />(County)
<br />
<br />at 27 PONDEROSA DR
<br />
<br />(Address)
<br />
<br />GRAND ISLAND
<br />--. - - - -.
<br />(City)
<br />
<br />, Nebraska
<br />
<br />68803-9640
<br />u_. __ __ _.__
<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, be part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 150 ,07() .~(L _ __ __ _ _ _ . 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 11/03/2005
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Ex:{5e~ 0 1994 Bankers SY",cms, Inc.. St_ Cloud, MN Form RE-OT NE 1/30/2002
<br />. -C165(NE) 103011 VMP MORTGAGE FORMS -18001521-7291
<br />@
<br />
<br />,'i
<br />
<br />c;fI/ (page;~~~4)
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