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TRUSTOR: CONNIE L PATTON <br />2428 NORTH SHERIDAN <br />Grand Island, NE 68803 <br />Vesting Information: <br />El 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 />Q, Wk1b <br />NORTH FORTY -ONE (41)� Do LOT FIVE (5), AND THE SOUTH FOURTEEN FEET (14) OF LOT <br />THREE (3), BLOCK FOUR (4), UNIVERSITY PLACE, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 2428 NORTH SHERIDAN <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 $ 20,632.21 . This limitation of amount does not include interest and other fees <br />.............. ............................... <br />ade <br />and charges validly m 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) <br />°O 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />ID <br />(page 1 of 4) <br />UniPrint #100141 <br />= D <br />8 �t <br />M <br />e rn Cn <br />~ <br />c a <br />z --+ <br />ry <br />7 <br />C7 <br />� <br />� <br />rri <br />_� <br />�_ <br />`( <br />° <br />ee��� <br />CJ <br />C11 " <br />CD <br />� o <br />CD <br />1% <br />w 1 <br />_C <br />rri <br />gs Cv <br />O <br />T4 <br />rn <br />a <br />=3 <br />7ri <br />r" D <br />O <br />U) <br />° <br />This Instrument Prepared By: <br />Commercial Federal Bank <br />O <br />N <br />co <br />3301 w State Str, <br />Grand Island, NE 68803 <br />0 <br />(308) 384 -4310 <br />CSHUDA <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />Application <br /># 0120014683 <br />(With Future Advance Clause) <br />0 <br />Construction Security Agreement <br />3j <br />1. DATE AND PARTIES. The date of this Deed <br />of Trust (Security Instrument) is <br />January <br />13, 2001 <br />and the parties, their addresses and tax identification <br />numbers, if required, are as follows: <br />TRUSTOR: CONNIE L PATTON <br />2428 NORTH SHERIDAN <br />Grand Island, NE 68803 <br />Vesting Information: <br />El 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 />Q, Wk1b <br />NORTH FORTY -ONE (41)� Do LOT FIVE (5), AND THE SOUTH FOURTEEN FEET (14) OF LOT <br />THREE (3), BLOCK FOUR (4), UNIVERSITY PLACE, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 2428 NORTH SHERIDAN <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 $ 20,632.21 . This limitation of amount does not include interest and other fees <br />.............. ............................... <br />ade <br />and charges validly m 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) <br />°O 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />ID <br />(page 1 of 4) <br />UniPrint #100141 <br />