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<br />REAL ESTATE DEED OF TRUST THIS INSTRUMENT CONSTITUTES A
<br />(With Future Advance Clause) CONSTRUCTION SECURITY INTEREST
<br />[i] Construction Security Agreement UNDER THE NEBRASKA CONSTRUCTION
<br />D Master form recorded by _ _ _ _ _ _ _ _ _ _ __ _ . _ _ _ _ _ _ _ _ _ _ _ _ _ _ ~~~~.. AC_~ -:. _ _ _ _ _ _ _ _ _ _ _ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _:t!C?vo: _~~! ?9.9_5_ _ _ _ _ _ _ _ _ _ _ _ _..
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />173050819
<br />
<br />TRUSTOR:GERALD D NELSON and BETTY M NELSON, HUSBAND AND WIFE
<br />
<br />110 SEEDLING MILE CT
<br />GRAND ISLAND, NE 68801
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Equitable Bank
<br />113-115 N Locust St
<br />Grand Island, NE 68801
<br />
<br />BENEFICIARY:
<br />Equitable Bank
<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 FOUR (4), VON OHLEN SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ .. _ _ _ _ _ !I~).)._ _ _ _ _ _ .._ _ _ _ _ _ _ _ _ __ at 1)..}_ _~FJ.FJ.I2J;;ING_ ~J_L_FJ. _G':!'_
<br />(County)
<br />_ u u _ u u u u _ u u u u u _ , u u u uq,~ I~!>~u u , Nebraska. u _6-'~.~ Cr! u_
<br />(Address) (City) (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
<br />shall not exceed $ ):. Q. Q ~ 9 0 Cl-, 9.9 u u __ _ u u _ u _' This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Promissory Note dated 11/18/2005
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc" St. Cloud, MN Form OCP-REDT-NE 1/30/2002 , . ,
<br />~-C465(NE) 103011 VMP MORTGAGEF'ORMS. 18t:l0l!b,.7291' "
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