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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 Line For Recording Data <br />REAL ESTATE DEED OF TRUST Application # 0120038443 <br />(With Future Advance Clause) <br />0 Construction Security Agreement TJ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is March 6, 2 0 01 O <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />CHAD C FUNK MELODIE J FUNK <br />TRUSTOR: 603 WEST 15TH STREET 603 WEST 15TH STREET <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />[] 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 1, BLOCK 12, SCHIMMER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 603 WEST 15TH STREET <br />(County) <br />Grand Island Nebraska . <br />. <br />. 68801 <br />.................. <br />............ ...................... (ZIP Code) <br />(Address) <br />(City) <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 $ 5 , .009-100. . 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 <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(c) <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 USE) // ([� (page 1 0 4) <br />°D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 L /�� <br />40MA _C1A65(NF.I [9902) VMP MORTGAGE FORMS - (800)521 -7291 <br />krN <br />C <br />A <br />D <br />o <br />~ <br />ca cn <br />n <br />O <br />r" <br />C) <br />n <br />C <br />z <br />r=r� <br />n <br />i <br />cm, <br />^' <br />S <br />LZ. <br />00 <br />'n <br />-rl <br />Z <br />t—► <br />y <br />M <br />r D <br />F—+ <br />y <br />o <br />i� <br />to <br />(n <br />CIO <br />0 <br />Vs <br />Cn <br />v <br />O <br />Co <br />co <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST Application # 0120038443 <br />(With Future Advance Clause) <br />0 Construction Security Agreement TJ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is March 6, 2 0 01 O <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />CHAD C FUNK MELODIE J FUNK <br />TRUSTOR: 603 WEST 15TH STREET 603 WEST 15TH STREET <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />[] 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 1, BLOCK 12, SCHIMMER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 603 WEST 15TH STREET <br />(County) <br />Grand Island Nebraska . <br />. <br />. 68801 <br />.................. <br />............ ...................... (ZIP Code) <br />(Address) <br />(City) <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 $ 5 , .009-100. . 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 <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(c) <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 USE) // ([� (page 1 0 4) <br />°D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 L /�� <br />40MA _C1A65(NF.I [9902) VMP MORTGAGE FORMS - (800)521 -7291 <br />krN <br />C <br />