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M n <br />o <br />2'• S n p <br />_ Y tu x i m No N <br />rn <br />T v 't tZ�t W <br />N W �n CD <br />o u-I CD <br />O fn 1 e�y. <br />200302754 c <br />State of Nebraska Space Above This Line For Recording Data <br />DEED TRUST <br />(With Future e Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Tnest (Security Instrument) is Mar_ 07,_ 2003 <br />and the parties, their addresses and ties identification numbers, if required, are as follows: <br />TRUSTOR: CHARLES R WINKLER and DORIS L WINKLER, HUSBAND & WIFE <br />#51 KOESTER LAKE <br />GRAND ISLAND, NE 68801 <br />Q If checked, refer to the attached Addendum incorporated herein, for additional Traitors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschwede, Attorney <br />NE <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, Truster 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 FOUR (4),BLOCK SIX (6). WIEBE'S ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall_ _ _ _ _ _ _ _ _ _ _ _ --- _ _ _ at 523_ W LOUISE <br />(Coons) <br />GRAND ISLAND _.._ _,Nebraska____ 68801 <br />(AddFesa (ary) (zie 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. MAXEUUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 50, 050.00 . 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 terns 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(s), guaranty(s) or other evidence of debt described <br />below and al] their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested than you include items such as borrowers' names, note amounts, interest rates, maturity dates. etc.) <br />A Promissory Note dated 03/07/2003 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA. FHtMC, FHA OR VA USC (ppg, l of 4) <br />0 1994 sm¢ais Systems. Inc. L. onus MN (1- 800 399 -23 41) Fmm RF n1 NF 10p7fl7 <br />(0® C 1651NE1(9008) 0 2 VMF MORTGAGE FORMS- (000)521 -]291 <br />