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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />D Master form recOl"ded by _ _ __ __ _ ___ _ _ __ _
<br />1. DATE ANn PARTIES. The date of this Deed of Trust (Security Instrument) is _J_a,I! _:!:Q,_ ?99.6____
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />,),/, DO
<br />
<br />TRUSTOR:RONALD V RATHJEN and CHARLENE R RATHJEN, HUSBAND AND WIFE
<br />
<br />515 N SHERMAN AVE
<br />GRAND ISLAND, NE 68803-4242
<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 TWENTY-SIX (26) AND THE SOUTH FOURTEEN (s 14) FEET OF LOT TWENTY SEVEN (27) IN
<br />WEST HEIGHTS SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in
<br />
<br />Hall
<br />
<br />at?J_5__N SHERMAll_!\yE
<br />
<br />(County)
<br />__ __ __ __ __ __ _ __ __ , GRAND__I_~~l\lID ,Nebraska 68803-4242
<br />
<br />(Address) (City) (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 Instrument at anyone time
<br />shall not exceed $ 40, () () Q. 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 AN)) FUTURE AI>V ANCES. 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 identU.Y
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 01/10/2006
<br />
<br />NE8RASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOf1 FNMA, FIILMC. FHA OR VA USE)
<br />
<br />, /kwp (P'~
<br />
<br />~~ 0 199~ Bankers Systems, Ino.. SI. Cloud, MN Form OCP-REDT-NE 1 t:JO/2002
<br />G -C465(NE) 103011 VMP MORTGAGE FORMS -(8001521-7291
<br />(!)
<br />
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