|
0
<br />n r.�
<br />M N c- W
<br />c = © --a c:)
<br />c - G�.
<br />_ ['1 0 1 . c::)
<br />M ran o w CD C7
<br />~ �11 rr�
<br />CD .. -
<br />c77 Cn
<br />— Z
<br />State of Nebraska Space Above This Line For Recording Data
<br />806219 DEED OF TRUST
<br />(With Future Advance Clause) " CJ .
<br />Construction Security Agreement
<br />Master form recorded by
<br />.............
<br />------ - - - -.. ----------- - - - - -- ------------ - - -...
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 24, 2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RANDALL E DUBBS and PAMELA J DUBBS, HUSBAND AND WIFE
<br />875 S BLUFF CENTER RD
<br />SHELTON, NE 68876
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N Locust St
<br />Grand Island, NE 68801
<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, 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 />A TRACT OF LAND COMPRISING THE SOUTHERLY FIVE HUNDRED FIFTY THREE (553.0) FEET OF
<br />THE WESTERLY NINE HUNDRED FORTY FIVE AND TWENTY FIVE HUNDREDTHS (945.25) FEET OF THE
<br />SOUTHWEST QUARTER OF THR NORTHWEST QUARTER (SW 1/4 NW 1/4) OF SECTION TWENTY ONE
<br />(21), TOWNSHIP ELEVEN (11), NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M., HALL
<br />COUN'T'Y, NEBRASKA.
<br />The property is located in ---------- Hall at 875 S BLUFF CENTER RD
<br />--- - - -- -----------------------------
<br />(County)
<br />-- - - - - -_ _ __ -- ---------------- ------ , ___ -- SHELTON , Nebraska 68876
<br />----------------- - - - - -- - - - - - -- - - - --
<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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 61570 50 . 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 />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 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 06/24/2005
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of
<br />EP e,- o^^ 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />dM CI65(NE) (030 1) VMP MORTGAGE FORMS - ($00)521 -7291
<br />
|