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�—I <br />z <br />=4 <br />r <br />m <br />r <br />C7 <br />Stets of N6r9ska - 8psce Above Tate Line For Recording D9tn <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />Master form recorded by _ _ _ _ _ urit <br />_ _ _ _ _ - - - <br />1. DATE AND PARTIES. The date of this Deed of Trust (Secy Instrument) is Jan 11, 2005 _ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: TIMOTHY A BAYLEY aad DIANE L BAYLEY, EACH IN HIS AND HER OWN RIGHT, AND AS <br />SpoQjrle ere -a-a-U, aJJ Qee <br />3689 S BURWICK RD <br />WOOD RIVER, WE 68883 <br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Equitable Federal Savings Bank of Grand Inland <br />113 -115 N Locust St <br />Grand Island, WE 68801 <br />BENEFICIARY: <br />Equitable Federal Savings Barak 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. 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, Tmstor 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 ONE (1), DOBBS SUBDIVISION, HALL COUNTY, NEBRASKA <br />The property is located In _ - _ _ _ _ - - _ Hall_ _ _ at 3689_5 BURWICK RD <br />(County) <br />WOOD RIVER _ - _ _ - , Nebraska_ _ _68883_ _ - <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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 8, 57_0.50 _ _ _ . This limitation of amount does not include interest and other fees <br />and charges 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 of the covenants contained in this <br />Security Instrument. <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($), 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 =aunts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 01/11/2005 <br />NEBRASKA - DEED OF TRUST Irvor Fax FNMA, TxLMC, PxA ox vA "0 <br />of 19B09anker65yTem6. Iris.. 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The date of this Deed of Trust (Secy Instrument) is Jan 11, 2005 _ _ _ _ _ _ _ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: TIMOTHY A BAYLEY aad DIANE L BAYLEY, EACH IN HIS AND HER OWN RIGHT, AND AS <br />SpoQjrle ere -a-a-U, aJJ Qee <br />3689 S BURWICK RD <br />WOOD RIVER, WE 68883 <br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Equitable Federal Savings Bank of Grand Inland <br />113 -115 N Locust St <br />Grand Island, WE 68801 <br />BENEFICIARY: <br />Equitable Federal Savings Barak 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. 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, Tmstor 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 ONE (1), DOBBS SUBDIVISION, HALL COUNTY, NEBRASKA <br />The property is located In _ - _ _ _ _ - - _ Hall_ _ _ at 3689_5 BURWICK RD <br />(County) <br />WOOD RIVER _ - _ _ - , Nebraska_ _ _68883_ _ - <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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 8, 57_0.50 _ _ _ . This limitation of amount does not include interest and other fees <br />and charges 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 of the covenants contained in this <br />Security Instrument. <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($), 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 =aunts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 01/11/2005 <br />NEBRASKA - DEED OF TRUST Irvor Fax FNMA, TxLMC, PxA ox vA "0 <br />of 19B09anker65yTem6. Iris.. SC eIOW, M N 1,- PEDT.11 /302003 <br />. <br />C165INE) nvu VMP MbeTGAG4FOnM9 �IA001521 7291 <br />(page t at 4) <br />/ 11T.MeY <br />