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Vesting Information: <br />E] 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 />SOUTH 38.9 FEET OF THE WEST 64 FEET OF LOT 265 AND WEST 64 FEET OF LOT 266 WEST <br />LAWN SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY NEBRASKA. <br />The property is located in Hall at 1.9.1.0..W.. ST <br />.....13TH ............................ <br />(County) <br />Grand Island Nebraska 68803 <br />...................................... I............ .......... ..............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 $ 1-5,128.00 . 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) <br />°D 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800 -397 -2341) Form RE -DT -NE 10/27/97 <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />(page <br />V <br />UniPrint #100141 <br />►—' <br />Cl) (n <br />o --� <br />o <br />f1 () Z <br />:c <br />"`t rn <br />CD <br />c <br />m <br />M Gn <br />C) ° <br />° o <br />° <br />�1 <br />'.11, <br />= M <br />M .,, ZD <br />CD <br />O <br />° <br />ryeI <br />�' <br />w <br />y <br />cn CD <br />V' <br />s <br />cr <br />x <br />n <br />s <br />� <br />This Instrument Prepared By: <br />CD <br />Commercial Federal Bank <br />N <br />U) <br />Q <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />JMUELL <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application <br /># 0120212006 <br />(With Future Advance Clause) <br />0 <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Ap r i 1 11, 2 0 01 <br />and the parties, their addresses and tax identification numbers, if required, are as f <br />p q follows:' <br />TRUSTOR: PAY TERRILL <br />LILLIAN TERRILL <br />1910 W 13TH ST <br />1910 W 13TH ST <br />Grand Island, NE <br />68803 Grand Island, NE 68803 <br />Vesting Information: <br />E] 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 />SOUTH 38.9 FEET OF THE WEST 64 FEET OF LOT 265 AND WEST 64 FEET OF LOT 266 WEST <br />LAWN SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY NEBRASKA. <br />The property is located in Hall at 1.9.1.0..W.. ST <br />.....13TH ............................ <br />(County) <br />Grand Island Nebraska 68803 <br />...................................... I............ .......... ..............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 $ 1-5,128.00 . 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) <br />°D 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800 -397 -2341) Form RE -DT -NE 10/27/97 <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />(page <br />V <br />UniPrint #100141 <br />