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<br />I <br /> <br />CJ <br />=t <br />J;1 <br /> <br /> <br /> <br />N <br />S <br />S <br />(.Tl <br />....... <br />....... <br />(.Tl <br />Q) <br />+:0. <br /> <br />State of Nebraska <br /> <br />D Master form recorded by _ _ _ _ _ _ __ _ _ _ __ __ ___ _ _ _ _ _ _ _ _ _ __ <br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~o~ Jl4_.! 2005 <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 />, <br /><)..,~-') <br /> <br />-, p.. <br />\-,)j '\ <br />, ';:..f....... <br />\ <br /><:::. <br /> <br />TRUSTOR: STEVEN LEE SCHNEIDER and KELLY J SCHNEIDER, HUSBAND AND WIFE <br /> <br />2531 DEL MONTE AVE <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. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Tmstor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in tmst for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />SEE ATTACHED EXHIBIT "A" <br /> <br />The property is located in _ _ _ _ _ _____ <br /> <br />Hall <br />(County) <br /> <br />at 2531 DEL MONTE AVE <br /> <br />(Address) <br /> <br />GRAND I~J..~ <br />(City) <br /> <br />, Nebraska_ _ 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, 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 Instmment at anyone time shall <br />not exceed $ 15, 090 . 59 _ _ ___ ____ ___ _ _ . 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 11/04/2005 <br /> <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, fHLMC. FHA OR VA USEI <br />~ 01994 Banko," Systems, IIlC" St. Clnlld, MN Form REDTNE 1/30/2002 <br />cD -C165tNE) (0301) VMP MORTGAGE FORMS - 18001521-7291 <br />@ <br /> <br />\.1...../. ':~.-:~f.Jpag~l. f 4.) <br />,-; , Jl- <br />.' ./( . <br />,,' ,i' <br />- ..~ <br />