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This Instrument Prepared By: <br />Commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />CSHUDA <br />State of Nebraska Space Above This LW* For Recording Data <br />DEED OF TRUST Application # 0120053921 <br />200100968 (With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is February 6, 2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: MICHAELINE A RIECK GALE A RIECK <br />4254 SHANNA 4254 SHANNA <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 THIRTEEN (13), WESTERN HEIGHTS FOURTH SUBDIVISION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 4254 SHANNA <br />(County) <br />Grand Island Nebraska 68803 <br />. ............................... ....... I ..... <br />...... <br />(Address) ..................... (City) <br />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 $ .. 2 8 6 2 7 .5 0 . 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 />n <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />(D 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800397 -2341) Form RE -DT -NE 10/27/97 <br />M- C165(NE) (9808) VMP MORTGAGE FORMS - (800)521-7291 UniPrint #100141 <br />n <br />nn <br />_ <br />n i <br />C <br />Z <br />c_� <br />O <br />F.-� <br />CD � <br />c <br />\mW <br />��g <br />t (A <br />N <br />rt\ <br />T� <br />iii <br />i <br />x <br />m <br />rya. <br />rn <br />O <br />c: <br />t+ <br />co <br />�, _ <br />t—• <br />M <br />f4 <br />T> c� <br />O <br />1 ". <br />O <br />tD <br />r iy <br />O <br />N <br />co <br />CiD <br />x <br />(1l <br />F� <br />N <br />co <br />cm <br />State of Nebraska Space Above This LW* For Recording Data <br />DEED OF TRUST Application # 0120053921 <br />200100968 (With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is February 6, 2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: MICHAELINE A RIECK GALE A RIECK <br />4254 SHANNA 4254 SHANNA <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 THIRTEEN (13), WESTERN HEIGHTS FOURTH SUBDIVISION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 4254 SHANNA <br />(County) <br />Grand Island Nebraska 68803 <br />. ............................... ....... I ..... <br />...... <br />(Address) ..................... (City) <br />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 $ .. 2 8 6 2 7 .5 0 . 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 />n <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />(D 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800397 -2341) Form RE -DT -NE 10/27/97 <br />M- C165(NE) (9808) VMP MORTGAGE FORMS - (800)521-7291 UniPrint #100141 <br />