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BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, ME 68801 -6003 <br />Organized and Existing Dander 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, 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 />LOTS FOUR (d) AND FIVE (5) OF HAWTHORNE PLACE, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />The property is located in Hall at 923 S PING ST <br />(County) <br />GRAND ISLAND _ , Nebraska - 68801_ <br />(Address) (City) (Zo Cale) <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 fumre improvements, structures, fixtures, and replacements that may <br />now, or at any time in the furore, 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 Instrument at any one time shall <br />not exceed $ 7,271.00 . 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 trader <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 />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), cintrac(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 item9.9uch as borroaers'narnes, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 06/26/2003 <br />NEBRASKA -DEED OF TRUST INm FC0. FNM/y iHLML, FHA OR VA US E) r^. ,�j (page [Of,'1) <br />�/)1Ir Q 1994 Bankers Systems, Ins., St. Cloud, MN em RE ET NE Iooaoo: �° \L/ ,'�yl \XL <br />do- C166(NE (mop VMP MORTGAGE FORMS - (800)521 7291 <br />_ <br />m <br />v <br />Cl. <br />rn D �^ <br />i- <br />14- <br />T <br />n H <br />7C 2 <br />n <br />Go <br />ca <br />O <br />z <br />tJ <br />�p <br />Pi.. <br />ran <br />cO <br />O <br />PIZ <br />m <br />r A <br />cx> <br />2 <br />o <br />CO <br />200308754 <br />N <br />y <br />bZ <br />State of Nebraska Specs Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />Master form recorded by -._ <br />-_.- <br />___ <br />-_- -- <br />- - - -.. <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />Jun 76,2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: STEVEN L BOWMAN <br />MIUSEA D BOWMAN <br />923 S PING ST <br />GRAND ISLAND, WE 68801 <br />If checked, refer to the attached Addendum incorporated herein, for <br />additional <br />Trustors, <br />their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschweds, Attorney <br />NE <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, ME 68801 -6003 <br />Organized and Existing Dander 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, 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 />LOTS FOUR (d) AND FIVE (5) OF HAWTHORNE PLACE, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />The property is located in Hall at 923 S PING ST <br />(County) <br />GRAND ISLAND _ , Nebraska - 68801_ <br />(Address) (City) (Zo Cale) <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 fumre improvements, structures, fixtures, and replacements that may <br />now, or at any time in the furore, 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 Instrument at any one time shall <br />not exceed $ 7,271.00 . 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 trader <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 />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), cintrac(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 item9.9uch as borroaers'narnes, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 06/26/2003 <br />NEBRASKA -DEED OF TRUST INm FC0. FNM/y iHLML, FHA OR VA US E) r^. ,�j (page [Of,'1) <br />�/)1Ir Q 1994 Bankers Systems, Ins., St. Cloud, MN em RE ET NE Iooaoo: �° \L/ ,'�yl \XL <br />do- C166(NE (mop VMP MORTGAGE FORMS - (800)521 7291 <br />