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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 sut CICTICy of which is acknowledged, and to <br />secure the Seemed Debt (defined below) and 'I'rustor's performance under this Security Instrument, Truster irrevocably <br />grants, conveys and sells to Trustee, in trust for the bereft of Beneficiary, with power of sale, the following described <br />property: <br />LOT NINE (9) IN BLOCK ONE (1). IN LE HEIGHTS SUBDIVISION, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The pntpc-rty is located in _ _ at 2405 ENGLEMAN <br />(County) <br />GRAND ISLAND , Nebraska 68803 _ <br />(Addre,o (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditles, and water stock and all existing and future improvements, structures, fixtures, and replacemwts that may <br />now, or 4P%ny time in the future, be part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security hnstrument at any one time <br />shall not exceed S 12, 000.00 . Phis 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 covemmts <br />contained in this Security Instrument. <br />4. SECURED DEBT AND F'UT'URE 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 speeifcally identify <br />the debts) secured and you should include the final maturity date of each debt(c).) <br />A Line of Credit Agreement dated 05/01/2003 <br />NEBRASKA - NOME FOULLY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA FaLMC, FHA OR VA USE) (pr¢Iof4) <br />(Di 1994 tlonMen Systems. 'nc. St CIOu6 MN Ferm OC'REUI -NE 1 /13NY <br />(O C465(NEI a902)02 von MORTGAGE FGRMS- (500)53r -t2S1 <br />s <br />m <br />nt N <br />r C <br />k = D ii § >c = <br />m <br />ni <br />C7, n <br />° <br />aC \ <br />N <br />CL <br />p <br />r� 0 <br />3 <br />r v <br />n <br />C <br />r N P <br />N <br />TO <br />O <br />N <br />O <br />Z <br />N <br />Q <br />State of Nebraska Space Above This Line For <br />Recording Data <br />REAL ESTATE DEED OF TRUST <br />\- <br />(With Future Advance Clause) <br />G <br />Construction Security Agreement <br />�\ <br />1. DATE AND PARTIES. The date of this Decd of Trust (Security Instrument) isMay 01, 2003 <br />_ <br />t <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:LINDA K HELZER, AN UNMARRIED PERSON <br />2405 ENGLEMAN <br />GRAND ISLAND, NE 68803 <br />El If checked, refer to the attached Addendum incorporated herein, for additional Ttustors, <br />their signatures <br />and <br />acknowledgments. <br />'FRUS'I'LL, <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 sut CICTICy of which is acknowledged, and to <br />secure the Seemed Debt (defined below) and 'I'rustor's performance under this Security Instrument, Truster irrevocably <br />grants, conveys and sells to Trustee, in trust for the bereft of Beneficiary, with power of sale, the following described <br />property: <br />LOT NINE (9) IN BLOCK ONE (1). IN LE HEIGHTS SUBDIVISION, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The pntpc-rty is located in _ _ at 2405 ENGLEMAN <br />(County) <br />GRAND ISLAND , Nebraska 68803 _ <br />(Addre,o (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditles, and water stock and all existing and future improvements, structures, fixtures, and replacemwts that may <br />now, or 4P%ny time in the future, be part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security hnstrument at any one time <br />shall not exceed S 12, 000.00 . Phis 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 covemmts <br />contained in this Security Instrument. <br />4. SECURED DEBT AND F'UT'URE 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 speeifcally identify <br />the debts) secured and you should include the final maturity date of each debt(c).) <br />A Line of Credit Agreement dated 05/01/2003 <br />NEBRASKA - NOME FOULLY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA FaLMC, FHA OR VA USE) (pr¢Iof4) <br />(Di 1994 tlonMen Systems. 'nc. St CIOu6 MN Ferm OC'REUI -NE 1 /13NY <br />(O C465(NEI a902)02 von MORTGAGE FGRMS- (500)53r -t2S1 <br />