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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />373051195 REAL ESTATE DEED OF TRUST THIS INSTRUMENT CONSTITUTES A
<br />(With Future Advance Clause) CONSTRUCTION SECURITY INTEREST
<br />[i] Construction Security Agreement UNDER THE NEBRASKA CONSTRUCTION
<br />D Master form recorded hy _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ___ _ _ _ ~~_E_N_ _~~~ ~ _ _ _ _ _ _ _ _ _ _ _ ._
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 9.c;,~ _ Q~ [ . 2 OQ.?_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:DEL RAY PORTER and CHRISTI M PORTER, HUSBAND AND WIFE
<br />
<br />4328 MANCHESTER 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 />TR USTEE:
<br />Equitable Federal Savings Bank of Grand Island
<br />113-115 N Locust St
<br />Grand Island, NE 68801
<br />
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113-115 N. Locust Street Grand Island, NE 68801-6003
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<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 SEVEN (7), BISHOP HEIGHTS THIRD SUBDIVISION, GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />
<br />The property is located in
<br />
<br />at 43)_8_ J~~<;~I:~:~'r~R RP
<br />
<br />________________ Hall
<br />(County)
<br />__ __ __ __ __ _ __ __ __ __ _ __ __ __ __ __ __ _ , _q~ __ ~~!oN1P , Nebraska __ _~~~(rL ___
<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 />shallnotexceed$_185,OQ9,,99_____ ._________. This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A promissory Note dated 10/08/2005
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 01994 Bankers Systems, Ine" St. Cloud, MN Form OCP-REDT-NE 1/30/2002
<br />. -C465(NE) 103011 VMP MORTGAGE FORMS.-(800)621-72~1 ..,
<br />$ , ~
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