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Vesting Information: <br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Commercial Federal Bank <br />2120 S 72 Str <br />Omaha, NE 68124 <br />BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT 18, BLOCK 4, OLDS MILL SUBDIVISION, CITY OF GLAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 2811 STAGECOACH PLACE <br />(County) <br />Grand Island land Nebraska 68801 <br />............................... ............ ............................... ...... I ....... <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 $ 20,50 0 .0 0 . 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 <br />the 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. (You must specifically identify the debt(s) <br />secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA U (page I of 4) <br />( 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />OM C465(NE) (99o2) VMP MORTGAGE FORMS - (800)521 -7291 <br />rh <br />n <br />= y <br />M cr <br />C-) (n <br />a --i <br />o <br />r-, -j <br />2 A Z <br />Z <br />N <br />trs <br />tTf G'� 1�9t <br />c <br />m <br />=a <br />fYl <br />< <br />O <br />CD <br />M <br />00 <br />#i <br />71 <br />M ' <br />r <br />r <br />�+ <br />C/r <br />(n <br />co <br />7r <br />C7) <br />= <br />O <br />Cn <br />C"ti i <br />This Instrument Prepared By: <br />DO <br />is <br />U) <br />— <br />, <br />Commercial Federal Bank <br />3301 W State Str, <br />^ <br />0 <br />Grand Island, NE 68803 <br />(3 08) 384 -4310 <br />CSHUDA <br />State of Nebraska Space Above This Line For <br />Recording Data <br />Application <br /># 0120097464 <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />v <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is February . <br />.... <br />28, 2001 <br />............................. <br />. . <br />0 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />MIKE JAKUBOWSKI <br />TRUSTOR: 2811 STAGECOACH PLACE <br />Grand Island, NE 68801 <br />Vesting Information: <br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Commercial Federal Bank <br />2120 S 72 Str <br />Omaha, NE 68124 <br />BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT 18, BLOCK 4, OLDS MILL SUBDIVISION, CITY OF GLAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 2811 STAGECOACH PLACE <br />(County) <br />Grand Island land Nebraska 68801 <br />............................... ............ ............................... ...... I ....... <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 $ 20,50 0 .0 0 . 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 <br />the 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. (You must specifically identify the debt(s) <br />secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA U (page I of 4) <br />( 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />OM C465(NE) (99o2) VMP MORTGAGE FORMS - (800)521 -7291 <br />