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M 2 D <br />rn cn <br />2 D Z _ <br />v <br />Vesting Information: <br />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 2 (TWO), BLOCK 2 (TWO), WEST BEL AIR SECOND ADDITION, CITY OF GRAND ISLAND, <br />HALL COUNTY NEBRASKA. <br />The property is located in Hall at 1817 S INGALLS ST <br />......... ............................... <br />(County) <br />Grand I s l and , 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 $ 13,127.50 . 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 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 defirIed 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) �L (page j pf 4) <br />1994 Bankers Systems, Inc., St. Clad, MN (I- 801}397 -2341) Form RE -DT -NE 10/27/97 <br />0 -C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />rn C.4 <br />�O <br />O <br />G. <br />L'" <br />�� <br />200003259 <br />Q�x.- <br />s <br />o <br />O <br />C, C!. <br />z M <br />H <br />M r <br />D <br />0 <br />This Instrument Prepared By: <br />m <br />Commercial Federal Bank <br />CD <br />f <br />3301 W State Str, <br />i <br />CID <br />N <br />= <br />Grand Island, NE 68803 <br />D <br />al <br />r-4' <br />(308) 384 -4310 <br />C.3 <br />, <br />`� v <br />Cn <br />CD <br />JMUELL <br />C/> <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # <br />0109478891 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />�. <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 14, <br />2000 <br />................ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />............................... <br />o <br />TRUSTOR: RICHARD A BAUER <br />JAN D BAUER <br />1817 S INGALLS ST <br />1817 S INGALLS <br />ST <br />Grand Island, NE <br />68803 Grand Island, <br />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 />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 2 (TWO), BLOCK 2 (TWO), WEST BEL AIR SECOND ADDITION, CITY OF GRAND ISLAND, <br />HALL COUNTY NEBRASKA. <br />The property is located in Hall at 1817 S INGALLS ST <br />......... ............................... <br />(County) <br />Grand I s l and , 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 $ 13,127.50 . 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 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 defirIed 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) �L (page j pf 4) <br />1994 Bankers Systems, Inc., St. Clad, MN (I- 801}397 -2341) Form RE -DT -NE 10/27/97 <br />0 -C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />