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DEED OF TRUST Application # 0120013073 <br />(With Future Advance Clause) <br />Construction Security Agreement y- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is January 11, 2001 <br />Q .......................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: "yr <br />d <br />TRUSTOR: THOMAS J SCHNEIDER KAREN K SCHNEIDER <br />4187 NEVADA AVENUE 4187 NEVADA AVENUE <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting Information: <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />BENEFICIARY: <br />Commercial Federal Bank <br />2120 S 72 Str <br />Omaha, NE 68124 <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 which is acknowledged, 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 TWO (2), ROSS HEIGHTS SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall at 4187 NEVADA AVENUE <br />......... ............................... <br />(County) <br />Grand Island Nebraska 68803 <br />................... ............................... ............ ............................... ...................... <br />(Address) (City) (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 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 $ 17,500.00 This limitation of amount does not include interest and other fees <br />.............. ............................... <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the <br />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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) age 1 of ) <br />1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 �,. <br />4Q C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 UrilPrlrit #100141 <br />7�p <br />C= <br />f 11 <br />�f <br />_ <br />171�� <br />�— <br />z I,- <br />N <br />Co <br />Q <br />-r. rTt <br />l <br />O <br />r- Uj <br />O <br />cs <br />m <br />Z3 <br />r-- <br />C:) <br />This Instrument Prepared By: <br />O <br />Commercial Federal Bank <br />O <br />.Di <br />O <br />3301 W State Str, <br />O <br />(n <br />CL <br />Grand Island, NE 68803 <br />N <br />(308) 384 -4310 <br />CSHUDA <br />State Nebraska <br />Space Above This Line For <br />Recording <br />of <br />Data <br />DEED OF TRUST Application # 0120013073 <br />(With Future Advance Clause) <br />Construction Security Agreement y- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is January 11, 2001 <br />Q .......................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: "yr <br />d <br />TRUSTOR: THOMAS J SCHNEIDER KAREN K SCHNEIDER <br />4187 NEVADA AVENUE 4187 NEVADA AVENUE <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting Information: <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />BENEFICIARY: <br />Commercial Federal Bank <br />2120 S 72 Str <br />Omaha, NE 68124 <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 which is acknowledged, 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 TWO (2), ROSS HEIGHTS SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall at 4187 NEVADA AVENUE <br />......... ............................... <br />(County) <br />Grand Island Nebraska 68803 <br />................... ............................... ............ ............................... ...................... <br />(Address) (City) (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 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 $ 17,500.00 This limitation of amount does not include interest and other fees <br />.............. ............................... <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the <br />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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) age 1 of ) <br />1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 �,. <br />4Q C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 UrilPrlrit #100141 <br />