|
State of Nebraska Space Above This Line For Recording Date CO
<br />172053996 REAL ESTATE DEED OF TRUST_.i
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isApr_ 02, 2003 _
<br />and the parties, their addresses and or identification numbers, if required, are as follows:
<br />TRUSTOR: DENNY J WATKINS. A /K /A DENNY JOE WATKINS and BONEITA P WATKINS. HUSBAND
<br />2207 WOODRIDGE LN
<br />GRAND ISLAND, NE 68801 -7234
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, thew 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 Treater'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 TWENTY -EIGHT (28). BLOCK ONE (1), IN BRENTWOOD SUBDIVISION IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY. NEBRASKA.
<br />The property is located in _ _ Hall _ _ at 2207 WOODRIDGE LN
<br />(Ceemy)
<br />GRAND _ISLAND. __,Nebraska 68801 -7234.
<br />(Addmve) _ _ _ _ _ _ _ (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 describer) above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal anrount secured by this Security Instrument at any one time
<br />shall not exceed $100.000.00 . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the cavernous
<br />contained in this 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
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identlfV
<br />the debt(s) secured and you should include the final maturity date ofsvch dehi(s).)
<br />A Line of Credit Agreement dated 04/02/2003
<br />01994
<br />NEBRASKA S OME EOORYLW E OF CX FOR nT NE 1h TRUST (NOT FOR EMMn,ExiMC. FHA ()R VA Uaq
<br />Q I O9a Bmtnrs 9y,luns. Inc.. 6L Gloue. MN Form GOT EDT I ll3fl9 w
<br />®0
<br />-C46 5(NE) ¢ REAR M OPT GAGE E ORMS (000)591 1941
<br />en x D
<br />n rn rn
<br />C
<br />r
<br />n
<br />X n x
<br />n N
<br />p
<br />N
<br />rrI
<br />('s
<br />< o
<br />in
<br />3
<br />r n
<br />is i
<br />o<
<br />200304140
<br />N
<br />State of Nebraska Space Above This Line For Recording Date CO
<br />172053996 REAL ESTATE DEED OF TRUST_.i
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isApr_ 02, 2003 _
<br />and the parties, their addresses and or identification numbers, if required, are as follows:
<br />TRUSTOR: DENNY J WATKINS. A /K /A DENNY JOE WATKINS and BONEITA P WATKINS. HUSBAND
<br />2207 WOODRIDGE LN
<br />GRAND ISLAND, NE 68801 -7234
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, thew 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 Treater'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 TWENTY -EIGHT (28). BLOCK ONE (1), IN BRENTWOOD SUBDIVISION IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY. NEBRASKA.
<br />The property is located in _ _ Hall _ _ at 2207 WOODRIDGE LN
<br />(Ceemy)
<br />GRAND _ISLAND. __,Nebraska 68801 -7234.
<br />(Addmve) _ _ _ _ _ _ _ (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 describer) above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal anrount secured by this Security Instrument at any one time
<br />shall not exceed $100.000.00 . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the cavernous
<br />contained in this 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
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identlfV
<br />the debt(s) secured and you should include the final maturity date ofsvch dehi(s).)
<br />A Line of Credit Agreement dated 04/02/2003
<br />01994
<br />NEBRASKA S OME EOORYLW E OF CX FOR nT NE 1h TRUST (NOT FOR EMMn,ExiMC. FHA ()R VA Uaq
<br />Q I O9a Bmtnrs 9y,luns. Inc.. 6L Gloue. MN Form GOT EDT I ll3fl9 w
<br />®0
<br />-C46 5(NE) ¢ REAR M OPT GAGE E ORMS (000)591 1941
<br />
|