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<br />Space Ahove This Line For Recording Data ~
<br />DEED O}-' TRUST ~)
<br />(With Future Advance Clause) 1:', ~
<br />D Constmction Sceurity Agreemcnt ~
<br />D Master form ,'ecorded by _ .._ _ ___ __ m _ __ _ _ _ _ _ _ ___ __ _ __ _ _ __
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instmment) is Jan 18-, - -2-006- -- - - - --- - .. -
<br />and the parties, their addresses and tax identification numbers, jf required, are as follows:
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<br />State of Nebraska
<br />
<br />1.
<br />
<br />TRUSTOR: GREGORY T BAXTER and ADRIENE L BAXTER, HUSBAND AND WIFE,
<br />
<br />2121 N MONITOR RD
<br />GRAND ISLAND, NE 68803
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<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 and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Tmstor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Bencticiary, with power of sale, the following described
<br />property:
<br />LOT ONE (I), BAXTER FIRSTSUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in
<br />
<br />Hall
<br />_. ._ - - - _.. ... - ___ __ _. ._ _n __ __
<br />
<br />at 2121 N MONITO;R RD
<br />
<br />(County)
<br />
<br />(Address)
<br />
<br />GRAND ISLAND
<br />(City)
<br />
<br />, Nebraska _
<br />
<br />68803
<br />(ZIP Codc)
<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 Instmment at anyone time shall
<br />not exceed $ 65,_0_70..59_ . This limitation 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 Instrument.
<br />SECURED DEBT AND Ii'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 referencinf? 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 01/18/2006
<br />
<br />4.
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<br />NEBRASKA - DEED OF TRUST (NOr FOR FNMA. FHLMC, FHA OR VA US~I
<br />Ex(jP~: 0 1994 Bankers SY",OrTIs. IlIe,. SI. Clouel, MN Form RE-DT-NF 1 nO/2002
<br />cD -C165(NE) 10301) VMP MORTGAGE FORMS (8001521'7291
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