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<br /> This Instrument Prepared Sy: e � � �
<br /> `Commercial Federal Bank � �v N �
<br /> 4407 Second Ave,
<br /> Kearney, NE 68847 � N � �
<br /> (308) 234-4511 �j O O � U O V �� �
<br /> KNOEPF ' .0"
<br /> State of Nebiaska Space Above This Line For Recording Data
<br /> DEED OF TRUST Application # 0109292201
<br /> (With Future Advance Clause)
<br /> � Construction Security Agreement •
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is January 2 5, 2 0 0 0 �p
<br /> ar.d the parties, their addresses and tax idenafication numbers, i�required, are as follows: ��,�
<br /> �
<br /> TRUSTOR: DAVID R ROUZEE DIANE K ROUZEE
<br /> 4359 CAMBRIDGE RD 4359 CAMBRIDGE RD
<br /> Grand Island, NE 68803 Grand Island, NE 68803
<br /> HUSBAND AND WIFE
<br /> D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE:
<br /> Commercial Federal Bank
<br /> 2120 S 72 Str
<br /> Omaha, NE 68124
<br /> BENEFICIARY:
<br /> Commercial Federal Bank
<br /> PO Box 1103
<br /> Omaha, NE 68101
<br /> 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of wiuch is aclrnowledged, and to secure
<br /> the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants,
<br /> conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property:
<br /> LOT NINETEEN (19) BISHOP HEIGHTS SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBR.ASKA.
<br /> The property is located in Hall at 4359 CAMBRIDGE RD
<br /> ................................................
<br /> (County)
<br /> Grand Island , Nebraska 68803
<br /> > ........................................... ....................
<br /> �Address) ..................... ( ty) (
<br /> Ci ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights,
<br /> ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at
<br /> any time in the future, be pazt of the real estate described above (all referred to as "Property").
<br /> 3. NTAI�II��IUM OBLIGATION L:MIT. The total principal a�ount secured by this Security Instrument at any one time shall
<br /> not exceed$ 14, 717.5 0 . This limitarion of amount does not include interest and other fees
<br /> and charges validly made pursuant to this Security Instrument. Aiso,this limitation does not apply to advances made under the
<br /> terms of this Securiry Instrument to protect Beneficiary's securiry 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 /> NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) \;""�7(P���'�-
<br /> � 1994 Bankers Systems,Inc.,St.Cloud,MN(1-800.397-2341) Form RE-DT-NE 10/27/47
<br /> �-C165(NE) (9808) VMP MORTGAGE FORMS-(800)521-7291
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