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<br />State of Nebraska
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />D Master form recorded by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _l'!~'{ 28, 799_5_ _ _ _ _ _ _ _ _ _ _ _ _ ___
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:HARILD D WATERS, A SINGLE PERSON
<br />
<br />206 N RUBY
<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 ST GRAND ISLAND, NE 68801-6003
<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 />THE EASTERLY FIFTY AND EIGHTH TENTHS FEET (E50.8') OF LOT ONE (1), IN BLOCK THIRTY
<br />(30), IN PACKER AND BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _
<br />
<br />at ~9_6__l'!RU~r __ _ ___
<br />
<br />Hall
<br />---------.--- .-
<br />(County)
<br />__ __ __ __ __ _ ___ __ __ __ _ _ __ __ __ _G_RANl? __ _ ! ~~NiIP __ __ __ , Nebraska __ _ 688 q! __ _ __
<br />(Address) (City) (ZIP Code)
<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 $ _5_,_QQO. 00_ __ __ __ __ __ ___ ' 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 Line of Credit Agreement dated 11/28/2005
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INOT FOR FNMA, FH~MC. FHA OR VA USEI
<br />Ex{5e~ 0 1994 Bankers Systems, Inc.. St. CIO<Jd, MN Form OCP-REDT-NE 1/30/2.002
<br />. "C465(NE) (03011 VMP MORTGAGE FORMS - (8001521-7291 ,
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