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<br /> State of Nebraska Space Above This Line For Recording Data
<br />
<br />
<br />
<br />1.
<br />
<br />D Master romt recorded by . .. __ __ _ _ _ _ .._ ____
<br />DATE AND PARTIES. The date of this Deed of Tmst (Security Instrument) is Dee 12,
<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 Agl'eement
<br />
<br />~O'.5
<br />o
<br />
<br />2005
<br />
<br />TRUSTOR: JOSE L FLORES and MARY M FLORES, HUSBAND AND WIFE
<br />
<br />1316 MANSFIELD RD
<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 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 nnd vnluable 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 Tmstee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT TWENTY ONE (21), GRAND WEST SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />
<br />The property is located in
<br />
<br />Hall
<br />(County)
<br />
<br />at 1316 MANSFIELD RD
<br />
<br />.- - -- - -. - , -. --- --
<br />
<br />GRAND ISLAND
<br />(City)
<br />
<br />, Nebraska
<br />
<br />68803
<br />(ZIP Code)
<br />
<br />(Address)
<br />
<br />Together with all rights, casements, 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 shall
<br />not exceed $ 21, 085 , 50 _ __ __ . . This I imitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation docs 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 Instmment.
<br />4. SECURE)) DEBT AND fi'UTURE 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 referencinR 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 12/12/2005
<br />
<br />NEBRASKA" DEED OF TRUST (NOT FOR FNMA. FIll. Me. FHA OR VA USEI
<br />Ex/5i=!~ 01994 Renke" Sy",cms,ln<;.. St_ Cloud. MN Form RE-OT-NE 1/30/2002
<br />.. .C165(NE) 10301) VMP MORTGAGE CORMS -180015717291
<br />@
<br />
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