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<br /> State or Nebraska SlllIce Above This Line For Recording Data
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security A~reement
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<br />D Master form recorded by
<br />1. DATE AND PARTIES. The date of this D~ed ~i l'-~;~t--(S~~l~rit-y--I-~~t~~~e~lt) i-~ -D~~ - 3o~ - -2-0-0S- -- - -- ---- ---
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: THOMAS E TOWNE and TAMI S TOWNE, HUSBAND AND WIFE
<br />
<br />2716 W DIVISION
<br />GRAND ISLAND, NE 68803
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<br />o 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 />PO BOX 160, 113-115 N LOCUST ST GRAND ISLAND, NE 68802-0160
<br />
<br />2. CONVEY ANCR. For good and valuable consideration, the receipt and sufficiency or which is acknowledged, and to
<br />secure the Secured Debt (detlned below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benetlt of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT EIGHT (8), BLOCK THREE (3), SUMMERFIELD ESTATES FOURTH hDPITIOM TO THE CITY OF
<br />GRAND ISLAND, NEBRASKA
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<br />The property is located in_ _ _ _ _ _ _ _ _ __
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<br />at 1609 MEADOW ROAD
<br />- - - - - __ ... n. _. .
<br />
<br />Hall
<br />(COllllly)
<br />__ __ _ __ _ _ _l)MNI? __ _ ISLAND _ _ _ _ _ _ _ _ , Nebraska__ __ __ !'iS803
<br />(City) (ZIP Code)
<br />
<br />(Address)
<br />
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all watcr 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 estatc described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Sccurity Instrument at anyone time shall
<br />not exceed $ 35,305. 7. ~ _ _ _ ... _ __ _ _____ . This limitation of amount docs not include interest and other fees
<br />and chargcs 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 or the covenants contained in this
<br />Security lnstmment.
<br />4. SECURED DEBT AND FlITURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred undcr 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, illferest rates, maturity dates, etc.)
<br />A Promissory Note dated 12/30/2005
<br />
<br />NEBRASKA" DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />Ex{5e~ 0 1994 Bankers Systems. Inc" St, Cloud, MN Fo",' RE-DT-NF 1130/2002
<br />.. -C165(NE) 103011 VMP MORTGAGE FORMS - 1800)021-7291
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