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rn A r • <br />n U) <br />o —4 <br />C� <br />C rn cn <br />� <br />C T> <br />=-1 <br />N <br />= <br />2 D Z C) = <br />-�-t m <br />o <br />v <br />rn Cn N rn <br />fi <br />O <br />CD <br />Pt <br />a <br />Ti <br />-TI <br />-� <br />"r7 <br />1 <br />CD <br />17) <br />y <br />° <br />rV <br />, <br />cr <br />V' (• co <br />(' <br />7C <br />D <br />F-' <br />CD <br />This Instrument Prepared By: 0^ - <br />v <br />(n <br />cn <br />Commercial Federal Bank } <br />N <br />3301 W State Str, <br />!I <br />Grand Island, NE 68803 <br />CD <br />(308) 384 -4310 <br />JMUELL <br />S t. ,te of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST Application # <br />0120260369 <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 2, 2001 <br />......... ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />KIMBALL J FRY BARBARA A FRY <br />TRUSTOR: 4212 NORDIC RD 4212 NORDIC RD <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting Information: <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their <br />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 2 (TWO) LE HEIGHTS THIRD SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY <br />NEBRASKA. <br />The property is located in Ha 11 at 4 212 NORDIC RD <br />......................... ............................... ..... I .................... ..... ........ <br />(County) <br />Grand Island Nebraska 68803 <br />.......... 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 . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security 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) ' age /e I o <br />°� r r <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 /� h <br />(M C465(NE) (9902) VMP MORTGAGE FORMS - (800)521 -7291 <br />UniPrint #100261 <br />