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M `= D ITI <br />C f77 F!f C, o D O 4. <br />C1 S t3 Z —1 <br />rri <br />C1 N N �< ° <br />CM <br />�J � o <br />D <br />M D <br />Z F—� <br />rn1 CD c <br />l fV O <br />`y0 <br />State of Nebraska Space Above This Line For Recording Data <br />805784 DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 03, 2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: ROGER D WILSON, AND and SHEILA M WILSON, HUSBAND AND WIFE <br />509 LINDEN AVENUE <br />GRAND ISLAND, NE 68801 <br />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 Island <br />113 -115 N Locust St <br />Grand Island, NE 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. 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 EIGHT (8), EAGLE LAKE ESTATES, SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hal 1 at 509 LINDEN AVENUE <br />(County) <br />GRAND ISLAND Nebraska 68801 <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 $ 25, 453.24 . 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 ttte 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(s), 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 amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 03/03/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHEMC, FHA OR VA USE) (page 1 of 4) <br />rm 1994 Bankers Systems, Irio., St. Cloud, MN Form RE -DT -NE 1130,2002 <br />FJ�FJL'rE -'� <br />- C165(NE) (030 1) VMP MORTGACE FORMS 18001521 -7291 <br />n <br />