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<br /> Slale of Nebraska Space Above This Line For Recording 6lfi.a :z
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<br />D Master form recorded by _ _ ___ _ _ _ __ __
<br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Qc~ ~ 8-1
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />DEED OF TRUST
<br />_ (With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />2005
<br />
<br />TRUSTOR: JOHN M HISER and LORI J HISER, HUSBAND AND WIFE.
<br />
<br />y:;'
<br />
<br />1304 BRANDING IRON LN
<br />GRAND ISLAND, NE 68803
<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. CONVEY ANCE. 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, Tmstor irrevocably
<br />grants, conveys and sells to Tmstee, in tmst for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT TWENTY-EIGHT (28), WESTERN HEIGHTS 4TH SUBDIVISION, CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />
<br />The property is located in
<br />
<br />Hall
<br />
<br />at 1304 BRANDING IRON LN
<br />
<br />(County)
<br />
<br />(Address)
<br />
<br />GRAND ISLAND
<br />(City)
<br />
<br />, Nebraska
<br />
<br />68803
<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, stmctures, 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 Instmment at anyone time shall
<br />not exceed $ 33,085.50 __ ___ ___ ___ _ . 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, ete.)
<br />A promissory Note dated 10/28/2005
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FI1A OR VA USE)
<br />~ 0 1994 Bankers Systems,lnc.. St. CIOlld, MN Fnrm RE-DT-NE 1/30/2002
<br />. -C165(NE) (0301) VMP MORTGAGE FORMS IROO)521-7291
<br />ID
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