|
c�
<br />M M 0 o --I CD
<br />s. -nn s ► _
<br />M en —:3 c >- N IT!
<br />v C�l o co
<br />_ ;n o 00 o o
<br />M z a Do o y
<br />4 M r ""
<br />o r a N
<br />cn �
<br />CA o x cn
<br />This Instrument Prepared By: Co
<br />Commercial Federal Bank 1
<br />3301 W State Str, rM
<br />Grand Island, NE 68803 c
<br />O
<br />(308) 384 -4310
<br />CSHUDA
<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST Application # 0120135561
<br />(With Future Advance Clause)
<br />E] Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is March 26, 2001
<br />...
<br />.............. ..........................C3
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />RONALD W NEWPORT BILLY ANNE NEWPORT
<br />316 WEST 12TH 316 WEST 12TH
<br />Grand Island, NE 68801 Grand Island, NE 68801
<br />Vesting Information:
<br />EJ 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 />LOT 7, BLOCK 1, SCHIMMER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located in Hall at 316 WEST 12TH
<br />............................... ................ ................ ,...
<br />....,...........
<br />(County)
<br />Grand Island Nebraska 68801
<br />............................ ......... I......
<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 $ 14,327.50 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) (page 1 of 4)
<br />°0 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 -397 -2341) Form RE -DT -NE 10/27/97
<br />dM - C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291
<br />® UniPrint #100141
<br />
|