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<br /> 4 s �� FEBBUARY 14� 1998 t..•:�-
<br /> � � —
<br /> ' . ..�.` -, � L DATE AND PAIiTtES.The date of tLis Deed af Tnist(Security Iostrument)is..............................._...... ................. _ -
<br /> �..
<br /> _ ;. ,,,
<br /> � � and the parties.their addresses and tax identification numbets,if required,are as follows: _
<br /> '"'°,�,. ..
<br /> , ` GRANTOR: _ -
<br /> • . `'ti DUANE L. STSTSON AN11 JEAMINE L. STETSON, HUSBAND AND WIFE . --
<br /> � 905 KENNEDY DRIVE. GRAND ISI.AND, NE 68803 � . ' .____
<br /> . , r
<br /> '�.., .
<br /> -. - � � � ❑If chccked,refer to the attached Addendum inonrporated herein,for additional Grantors,their signatures and _ ;. T���
<br /> . � acknowtedgments. �` .��-
<br /> :� • _
<br /> - ' . , . 4.?�<=��;;
<br /> � .�,...
<br />'. , � TRUSTEE: �.:````�».�
<br /> : "' ' EARL D. ARLSCHWEDE, ATTORNEY �� "
<br /> • + ' P.O. BOX 2300, GRAND ISLAND, NE 68802 " � �
<br /> . i�;-�, �I
<br /> ' . ._�i�'
<br /> :`1.�C;- ,
<br />. r" , . � ;i•'� -
<br />. _ , � � LENDER: ., �„,
<br /> . _�,, .. � . � �`=�a_
<br /> ' . THE EQUITABLE BUILDING AND LOAN ASSOCIATION � ',���''
<br /> ... �:,s:;,
<br /> . . . ' OF (3RAND I SLAND, NEBRASKA, A FEDERAL SAV I NGS BANK _;.:;'w�s
<br /> P.O. BOX 160, GRAND ISLAND, NE 68802 :', :`;,:�,_,
<br /> � - - - � - , .,'�'
<br /> .2. CONYEY�►1�TCE.For good and valuable consideration,the receipt and suKtciency of which is acknowledged,and "��_'
<br /> � to secure the Secured Debt(defined below)a»d Grantor's perfarmance under this Security Instrnment,Grantor • �.�;��r
<br /> � � ` irrevacably��ts,conveys and sells to Trustee,in trust for the beL�fit of Lendet,with power of sale,tAe foltowing ';�=�
<br /> `.. � ''' described pre��rty: ��:�
<br /> . '. �s. LOT ONE (�), COLONIAL ESTATES THIRD SUBDIt LSION IN THE CITY OF , �i:_,�;::.
<br /> • � ' ' CiRAND ISLAND, HAE�L. COIINTY, NEBRASKA. � �•' ';�'�•�'`�'-
<br /> .���
<br /> , • �
<br />, ' �. " � The property is located in................HALL......... ..... .............._......_............ at.......................................................... . ' :
<br /> • . ........ .... .._. .
<br /> . (Councy) , .
<br /> .«'„ .• k
<br /> ;' : � 905 KENNEDY DRI VE .ORAND I SLAND..............._.... . ebras a.......... �Pr � .......... . . . ,
<br /> N 68803 „
<br /> .i . ............................�.��d'a��i............................ . ....................�c��yi� ��.. .��. . .
<br /> ! Together with all rights,eascments,appurtenanccs,royalties,minera}rights,oil and gas rights,all water and riparian • • • •
<br /> ;:�., rights,ditches,and watcr stock and all existing and future improvements,structures.fixtures,and replacements that . •
<br /> may now,or at any time in the futurc,be part of the real cstate described above(aU refened to as"Property"). •.
<br /> .•�' . • ,� 3. MAXIMUM OSLIGA770N LIMiT.The total principai amount secured by this Security Instrument at any one time : � ,
<br /> ' shall not excc;cd$ 30�000..00 ,,.....,,,This limitation of amoum does not includc intcrest�nd � �
<br /> ......................... ................ .
<br /> � othcr fccs and charges validly madc pursuant tn this Sccurity Instrumcnt. Also,this limitati��n docs nat apply to . - �� �
<br /> " • .idvnnces madc undcr thc tcrms of thi�Security lnstrumcnt t��protect l.cndcr ti sccurity and to perform any of thc � • •
<br /> '. . � � ' cmcnants rnntaincd in this Security lnstrumcnt. �
<br /> ,.. . . ,
<br /> •� 4. SECURF.D DEB7'ANO FUTURF ADVANCE5.Thc�erm"Secured Dct�t"is dcfined as follows:
<br /> • � A. Dcbt incurrcd undcr thc tcrms of all promi�.,ury n��tc(s),contract(s),guar.mry�s)i�r��thcr cvidcncc of dcht Jcscrihcd
<br /> - helow and all iheir cxtensiuns,renewals, mudificatiuns ar �ubstiwtiems. (tVlif•n refi�re�r�•in�the deht�helow Jr is
<br /> . sug�rs�ed d�al yuu i�rrin�le iteirr.c sur6 as hunuis•e•rs'►runre.�,�rn�r u►nor�nts.interest rrrtcy,muu�rity dates.t�tc.) ,
<br /> •:� . . .
<br /> NEBRASKA-OEED OF THUST fNOT FOH FNMA FM67C f HA OH YA USE 1 � (pago 1 0/4)
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