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200003429 <br />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 <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0109438762 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 19, 2000 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RAYMOND ROLLINS DEANNA ROLLINS <br />4018 ROTH ROAD 4018 ROTH ROAD <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />d <br />N <br />d � <br />d G. <br />d W <br />CID <br />d <br />C.3 Cn <br />N cD <br />CO <br />O <br />01f 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 SIXTEEN (16), POTASH SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall 4018 ROTH ROAD <br />......... ............................... <br />(County) <br />Grand Island Nebraska 68801 <br />.................... <br />(Address) <br />(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 $ .... 16 . , 12 . . . ... ...... 7.5 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 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 />(M� C16$(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />oll <br />�Cn <br />n <br />O —4 <br />= D <br />C- D <br />z M <br />m <br />= DZ <br />o „ <br />_ <br />C7 <br />n i "' <br />M <br />� <br />o <br />r D <br />N <br />CD <br />Cn <br />x <br />D <br />Q <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0109438762 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 19, 2000 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RAYMOND ROLLINS DEANNA ROLLINS <br />4018 ROTH ROAD 4018 ROTH ROAD <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />d <br />N <br />d � <br />d G. <br />d W <br />CID <br />d <br />C.3 Cn <br />N cD <br />CO <br />O <br />01f 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 SIXTEEN (16), POTASH SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall 4018 ROTH ROAD <br />......... ............................... <br />(County) <br />Grand Island Nebraska 68801 <br />.................... <br />(Address) <br />(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 $ .... 16 . , 12 . . . ... ...... 7.5 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 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 />(M� C16$(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />oll <br />�Cn <br />CD <br />O —4 <br />C- D <br />z M <br />m <br />�. <br />o „ <br />M <br />� <br />o <br />r D <br />N <br />CD <br />Cn <br />x <br />D <br />Cn <br />v v <br />(7 J <br />Cn <br />Cn <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0109438762 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 19, 2000 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RAYMOND ROLLINS DEANNA ROLLINS <br />4018 ROTH ROAD 4018 ROTH ROAD <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />d <br />N <br />d � <br />d G. <br />d W <br />CID <br />d <br />C.3 Cn <br />N cD <br />CO <br />O <br />01f 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 SIXTEEN (16), POTASH SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall 4018 ROTH ROAD <br />......... ............................... <br />(County) <br />Grand Island Nebraska 68801 <br />.................... <br />(Address) <br />(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 $ .... 16 . , 12 . . . ... ...... 7.5 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 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 />(M� C16$(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />oll <br />