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<br />Sweet Nebraska Space Above This Line For Recording Data —
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />rj, SO
<br />Construction Security Agreement
<br />Master form recorded bY________ ______ - _________
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec 27, 2004 _ _ _ _
<br />_ _ _ _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: DAVID D SUPENCHECK and MARSHA A SUPENCHECK, HUSBAND AND WIFE
<br />521 H ASHTON AVE
<br />GRAND ISLAND, ME 68801
<br />F7 If checked, refer to the attached Addendon incorporated herein, for additional Tmstors, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N Locust St
<br />Grand Island, WE 68801
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2.
<br />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, Tmstor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following
<br />described
<br />property:
<br />SEE ATTACHED EXHIBIT "A"
<br />The property Is located in _ _ _ _ _ _ _ _Hall _ _ _ _ _ _ _ _ at 521 E ASHTON AVE _ _ _ — _
<br />(Cuwdy)
<br />- (;RANEL ISLAND Nebraska_ _ _68801_
<br />(Address) (CRY) (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, mid 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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security instrument at any one time shall
<br />not exceed $ 15, 582.50 _ _ _ _ _ . This limitation of anrount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation floes 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 />4. SECURED DEBT AND FU'T'URE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaiway(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, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 12/27/2004
<br />NEBRASKA - DEED OF TRUST (NOT Its rNMA, IFIMC, Flu on vA Usrl
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<br />(- cl65(NE) moon VMP MOHI GAGE FORMS - +aOO�K1 1281
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