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TRUSTOR: EVELYN ALVARADO <br />511 S LOCUST <br />Grand Island, NE 68801 <br />Vesting Information: <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 />SOUTH FORTY -TWO (421) FEET OF LOT THREE (3) AND ALL OF LOT FOUR (4), BLOCK <br />THREE (3) IN LAKEVIEW ADDITION, CITY OF GRAND ISLAND, HALL COUNTY NEBRASKA. <br />The property is located in Hall at 511 S LOCUST <br />......... ............................... <br />(County) <br />Grand Island Nebraska 68801 <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 $ 13,953.78 . 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 />°Z) 1994 Bankers Systems, Inc., St. Cloud, MN (1 -80D -397 -2341) Form RE -DT -NE 10/27/97 <br />M— C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />UniPrint #100141 <br />m <br />- <br />T <br />rn N <br />v <br />.: n <br />C <br />cn <br />m } <br />_ <br />m <br />C) <br />c7.. <br />O <br />O <br />O <br />C:) <br />?► <br />C <br />O <br />co <br />This Instrument Prepared By: <br />Commercial Federal Bank <br />CO <br />3301 W State Str, <br />��, <br />ro <br />Grand Island, NE 68803 <br />O <br />Cn <br />(308) 384 -4310 <br />c <br />JMUELL <br />ca <br />State of Nebraska Space Above This Line For <br />Recording <br />Data <br />a <br />DEED OF TRUST <br />Application # 0120242078 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />g <br />1. DATE AND PARTIES. <br />The date of this Deed of Trust (Security Instrument) is <br />............ <br />. April . . 20 . , <br />2001 . . <br />............................. <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: EVELYN ALVARADO <br />511 S LOCUST <br />Grand Island, NE 68801 <br />Vesting Information: <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 />SOUTH FORTY -TWO (421) FEET OF LOT THREE (3) AND ALL OF LOT FOUR (4), BLOCK <br />THREE (3) IN LAKEVIEW ADDITION, CITY OF GRAND ISLAND, HALL COUNTY NEBRASKA. <br />The property is located in Hall at 511 S LOCUST <br />......... ............................... <br />(County) <br />Grand Island Nebraska 68801 <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 $ 13,953.78 . 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 />°Z) 1994 Bankers Systems, Inc., St. Cloud, MN (1 -80D -397 -2341) Form RE -DT -NE 10/27/97 <br />M— C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />UniPrint #100141 <br />