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State of Nebraska Space Above This Line For Recording Data <br />1 (� DEED OF TRUST Application # 0120047147 > <br />(With Future Advance Clause) <br />EJ Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is February 1, 2 0 01 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RICHARD L GLASSER TINA M GLASSER <br />4039 LAMBCHOP LANE 4039 LAMBCHOP LANE <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 />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 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 10 (TEN), R & B SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 4039 LAMBCHOP LANE <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 $ 16,264.49 . 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 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) (Pag? 1 o 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800-397 -2341) Form RE -DT -NE 10/27/97 <br />- C165(NE) (98o8) VMP MORTGAGE FORMS - (800)521 -7291 <br />® UniPrint #100141 <br />_ i) <br />;tom <br />M <br />p <br />o —4 <br />O <br />co <br />R <br />N <br />Ui <br />, <br />i sn <br />Q <br />PM7!?:. <br />O <br />O <br />CM <br />_ <br />Fri r� <br />iJ <br />? C:J <br />CD <br />Cn <br />co <br />This Instrument Prepared By: <br />V <br />7c <br />Commercial Federal Bank <br />(� <br />D <br />W <br />3301 W State Str, <br />(n <br />(7 ) <br />Grand Island, NE 68803 <br />Ln <br />(308) 384 -4310 <br />JMUELL <br />State of Nebraska Space Above This Line For Recording Data <br />1 (� DEED OF TRUST Application # 0120047147 > <br />(With Future Advance Clause) <br />EJ Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is February 1, 2 0 01 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RICHARD L GLASSER TINA M GLASSER <br />4039 LAMBCHOP LANE 4039 LAMBCHOP LANE <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 />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 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 10 (TEN), R & B SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 4039 LAMBCHOP LANE <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 $ 16,264.49 . 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 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) (Pag? 1 o 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800-397 -2341) Form RE -DT -NE 10/27/97 <br />- C165(NE) (98o8) VMP MORTGAGE FORMS - (800)521 -7291 <br />® UniPrint #100141 <br />