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<br />Space Above This Line For Recordin.,g Data
<br />THIS INSTRUMtNT CONSTITUTES A
<br />REAL ESTATE DEED OF TRUST CONSTRUCTION SECURITY INTEREST
<br />(With Future Advance Clause) UNDER THE NEBRASKA CONSTRUCTION
<br />[i] Construction Security Agreement LIEN ACT.
<br />D Master form recorded by__ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ _ _ _ _ _ _ _ _ _ ...
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is D_~_q _ Q!?! _ ~99_5_ _ _ __ ..
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />State of Nebraska
<br />
<br />173051245
<br />
<br />TRUSTOR:ROBERT D RIEDY and KRISTIN M RIEDY, HUSBAND AND WIFE
<br />
<br />320 REDWOOD RD
<br />GRAND ISLAND, NE 68803
<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 />PO BOX 160, 113-115 N LOCUST ST GRAND ISLAND, NE 68802-0160
<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), BLOCK ONE (1), PONDEROSA LAKE ESTATES FIFTH SUBDIVISION AN ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in _ _ _ _ _ _
<br />
<br />at ~}_2_ _~Q~l!:ROS~_ P_R:. _ _ _ _ _ .
<br />
<br />... _ _ _ _ _ _ _ _ ~~JJ_ _ _.
<br />(County)
<br />_______ _____________________, .(!~__!@~AND ________ , Nebraska_____68801_____
<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 $ 21 Q '- Q Q Q ~ 99_ n _ _ _ _ _ _ _ _ _ . 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 12/05/2005
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />~ 01994 Bankers Systems, Ine" St. Cloud, MN Form OCP-REOT-NE 1/30/2002
<br />. -C465(NE) (03011 VMP MORTGAGE FORMS - 18001521-7291
<br />@
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