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M t7 ! <br />-n o <br />= D c> U) <br />n n c m cn ► -' o --q o <br />n 2 rn ea <br />0 <br />a -n CD c� <br />1 <br />rn <br />M A W O <br />M r- 70 <br />o r. 1> f V co <br />to Cb C <br />C-3 CIl <br />This Instrument Prepared By: <br />�] <br />N Cn co <br />Commercial Federal Bank Cn � <br />3301 W State Str, +r 8 Z <br />Grand Island, NE 68803 O <br />(308) 384 -4310 <br />JMUELL <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST Application # 0120181557 <br />(With Future Advance Clause) <br />EJ Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security instrument) is March 2 9, 2 0 01 0 <br />........ ............................... . <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />RANDY KRAFT SANDRA KRAFT <br />TRUSTOR: 4176 NORSEMAN AVE 4176 NORSEMAN AVE <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting Information: <br />0 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 TWENTY -NINE (29), JEFFREY OAKS SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY <br />NEBRASKA. <br />The property is located in Hall at 4176 NORSEMAN AVE <br />...... ............................... <br />(County) <br />Grand Island 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 $ 26,500.00 . This limitation of amount does not include interest and other fees <br />............. ............................... <br />and charges validly made pursuant is S <br />to this 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 USE) (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 />UniPrint #100261 <br />