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<br /> St�te of Nebnulu Sp�ce Abore'fh4 Gne For Rcco�dins Datw �
<br /> DF.ED OF'�RUST 900000aa o�-
<br /> (WiQh Future Adv�nce ClAUee) —
<br /> Y. �un.Yr.�it�i�5 rF►R'fi::sn.Ttte dat�af tNis Dccd af Tns�t{�ecu:ity Instrument)is..,,.,,.MAY..29, 199G,,,,,,,,,,,,,,,,,
<br /> .................
<br /> and the parties,their addre�ses aud tax identiff'ication numb�rs,if requued,are es follows:
<br /> C31tAN'1'Oit: �
<br /> AAVID E. STEPHENS ANA PATRICIA J. STBPHENS, HU5BAND AND WIFE
<br /> 2611 W DIVISION, (3RAND ISLAND, NE 68803
<br /> ❑1f checked,refer to the attaahed Addendum incorporated hPrein,for additionel Grantor�,t�eir sigaatures and
<br /> acknowledgments.
<br /> TIYUSTES:
<br /> EARL D. AHLSCHWEDE. ATTORNEY .
<br /> P.O. BOX 2300, GRAND ISLAND, NE 68802 _
<br /> LENDER:
<br /> THE EQUITABI.E BUILDINQ AND LOAN ASSOCIATION
<br /> OF ORAND I3LAND, NEBRASKA, A FEDERAL SAVIN(3S BANK
<br /> P.O. BOX 160, (3RAN� ISLAND, N� 6$802
<br /> 2. CONV�YA�I�CF.Far good and valuable consideration,the receipt and sufficiency of which is acknowledged,and
<br /> to seeure the Secared Debt(defined below) aad Grantor's pe�formance under tbis Security Instrun►ent.Grantor
<br /> irrevocably grants,conveys and sells to Trustee,in trust for the bene�it of Lender,with power of sale,the foflawing
<br /> described properry:
<br /> LOT TEiREE (3) , IN BLOCK STXTEEN ( 16), IN ASHTON PLACE, AN ADDITION TO
<br /> THE CIT'ft OF GRAN,� ISLAI�D, HA1..L COUNTY, NE$RASKA.
<br />�
<br /> The praperty is located in...............HALL................... ........... at ...............
<br /> (Couniy).......................... ...........................................
<br /> 261 1 W D I V I S I�N c3RAND I SLAND Nebraska....�$$A3 . ..........
<br /> . .............. .�riaa«�j............................ , .. ... . �c�i'y) ........................, (7�PCodej..
<br /> Togethcr with nl!rights,easements,appurtenauces,royalties,mincral rights,oil and gas rights,all water and riparian
<br /> - rights,ditches,and water stock and all existing and future improvements,structur�s,fixturea,and replacements that _
<br /> � may now,or at any time in the futwe,be part of the reaR estate desc.�ribed above(all refened to as"1'roperty").
<br /> 3. MAXIMUPiR OBLIGATION LIli7IT.'1'he total principai amount secured by tnis Security Ins�ru�ue,►t at a►yy one tirne —
<br /> shall nat cxce:ed S 8 t�00:0 0 ,,,,,,,,,,,,,,,,rhis limitation of amount does not include interest and
<br /> ........................ ............
<br /> - other fees and charges validly made pursuant to this Security Instrumcnt. Also,this limitatiun does not npply to
<br /> _e.�!_c._�_1�.r--`-----i°-- -'t--�--�_.. �a.....e«C....... v.�f thn
<br /> � BUVaIICYS IiIaQC Un�lcr tltC tCiiit$nit u�ta ucwitty t�tauuuccm av Nivicu uuvw a a.�uiaij n,a.,..,p.......... :�� ....-.-
<br /> - covcnants containcd in this Security Instrument.
<br /> 4. SECURED UEB�i AND F[JTURE ADVANCE;5.Tlie tenn"Sccured Debt"is defincd as follows:
<br /> - A. Debt incuned undcr the tcrms of all promissory notc:(s),contract(s},�u�ranty(s)or other cvid�ncc:of debt descrihed -
<br /> ' bclow end all their whtensions,rencwals,modi[ications or substitutions. (Wl�en rejere►icing tl►e debts 6elotiv if rs -
<br /> suggested�liat yon indude rten�s s�ed�as bv�rvwers'�rnmQS,i:nre n►no�mts,i�iterest rc+tes,niatairity dntes.etc,) -
<br /> NEBRASKA•DEED OF TRU9T(NOT FOR 6NMA,FHLMC,FHA OR VA USE) a � (P�90���41
<br />���j p tQ70 Bankc�e 6ystems,ine..6�.CbuA.MN(t�ti00997-?Jatl Fomi RE•DT•NE N&d4 �6�� ---- -
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