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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />�a
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is sun 21, 2 0 01
<br />and the parties,
<br />their addresses
<br />and tax identification numbers, if required, are as follows:
<br />0
<br />TRUSTOR: SCOTT D HART and ANN M HART, EACH IN HIS AND HER OWN RIGHT, AND AS SPOUSE
<br />OF EACH OTHER
<br />623 W CHARLES ST
<br />GRAND ISLAND, NE 68801
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />BENEFICIARY:
<br />The Equitable Building & Loan Association, FSB
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organized and Existing Under the Laws of The State of Nebraska
<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 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 />PART OF LOT THIRTEEN (13), OF THE COUNTY SUBDIVISION OF THE SOUTH HALF OF THE
<br />SOUTHEAST QUARTER (S1 /2SE1 /4) OF SECTION SIXTEEN (16), TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS:
<br />BEGINNING AT A POINT IN THE WESTERLY LINE OF SAID LOT THIRTEEN (13), WHICH LIES
<br />FORTY (40) FEET SOUTHERLY FROM ITS NORTHWEST CORNER; RUNNING THENCE EASTERLY AND
<br />PARALLEL WITH ITS NORTHERLY LINE, ONE HUNDRED THREE AND THREE QUARTERS (103 3/4)
<br />FEET; THENCE SOUTHERLY AND PARALLED WITH ITS WESTERLY LINE, ONE HUNDRED FORTY (140)
<br />FEET; THENCE WESTERLY AND PARALLEL WITH ITS NORTHERLY LINE, ONE HUNDRED AND THREE
<br />AN Th i��� ( yv�� NORTHERLY A at 623 W CHARLES ST NE, ONE
<br />(Cgunty)
<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 />MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ $5, 000.00 . 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 />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 06/21/2001 Loan No: 0361804157
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page
<br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97
<br />Mb C165(NE) (98o8) VMP MORTGAGE FORMS - (800)521 -7291
<br />ID
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