|
THIS DEED OF TRUST ( "Security Instrument ") is made on June 19 2000 The trustor is
<br />JOHN H MATTHES and LINDA K MATTHES,
<br />husband and wife,
<br />jointly and each in their own right,
<br />( "Borrower "). The trustee is
<br />FIRST FEDERAL LINCOLN BANK
<br />( "Trustee "). The beneficiary is
<br />FIRST FEDERAL LINCOLN BANK
<br />which is organized and existing under the laws of THE UNITED STATES OF AMERICA , and whose
<br />address is 1235 N STREET, LINCOLN, NEBRASKA 68508
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Two Hundred Thousand and no /100
<br />Dollars (U.S. $ 200000.00 ).
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on August 1 2001
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in HALL County, Nebraska:
<br />LOT ELEVEN (11), CENTURA HILLS SUBDIVISION, AN
<br />ADDITION TO THE VILLAGE OF CAIRO, HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 608 HILLSIDE DRIVE CAIRO [Street, City],
<br />Nebraska 68824 [Zip Code] ( "Property Address ");
<br />It is understood by the Borrower and Lender that this instrument, which is secured by the above referred property, is a
<br />CONSTRUCTION SECURITY AGREEMENT; that it does or will secure an obligation which the Borrower has or will
<br />incur for the purpose of making an improvement or improvements on property hereinbefore described; and that advances
<br />made hereunder will be applied to the payment of the contract price of said improvements.
<br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM
<br />-6R(NE) (921201 INSTRUMENT h
<br />VMP MORTGAGE FORMS - (800)521
<br />Page 1 of 6
<br />3028C.frm 3/99
<br />M
<br />CD CD
<br />�_—
<br />0 �
<br />�
<br />O
<br />fT1
<br />3: D �a
<br />_�.:
<br />N
<br />=
<br />D Z
<br />N
<br />°
<br />o
<br />C;
<br />•iii rn
<br />Cl
<br />cn
<br />=
<br />_
<br />H
<br />o T7
<br />�"
<br />0
<br />CL
<br />r
<br />O
<br />rn
<br />Z7
<br />J> erJ
<br />O
<br />cn
<br />C.
<br />CA
<br />N
<br />x
<br />o
<br />c
<br />0
<br />_C
<br />N
<br />W
<br />CD
<br />O
<br />[Space Above This Line For Recording Data]
<br />CONSTRUCTION SECURITY AGREEMENT
<br />DEED OF TRUST
<br />0110155322
<br />200005073
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on June 19 2000 The trustor is
<br />JOHN H MATTHES and LINDA K MATTHES,
<br />husband and wife,
<br />jointly and each in their own right,
<br />( "Borrower "). The trustee is
<br />FIRST FEDERAL LINCOLN BANK
<br />( "Trustee "). The beneficiary is
<br />FIRST FEDERAL LINCOLN BANK
<br />which is organized and existing under the laws of THE UNITED STATES OF AMERICA , and whose
<br />address is 1235 N STREET, LINCOLN, NEBRASKA 68508
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Two Hundred Thousand and no /100
<br />Dollars (U.S. $ 200000.00 ).
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on August 1 2001
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in HALL County, Nebraska:
<br />LOT ELEVEN (11), CENTURA HILLS SUBDIVISION, AN
<br />ADDITION TO THE VILLAGE OF CAIRO, HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 608 HILLSIDE DRIVE CAIRO [Street, City],
<br />Nebraska 68824 [Zip Code] ( "Property Address ");
<br />It is understood by the Borrower and Lender that this instrument, which is secured by the above referred property, is a
<br />CONSTRUCTION SECURITY AGREEMENT; that it does or will secure an obligation which the Borrower has or will
<br />incur for the purpose of making an improvement or improvements on property hereinbefore described; and that advances
<br />made hereunder will be applied to the payment of the contract price of said improvements.
<br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM
<br />-6R(NE) (921201 INSTRUMENT h
<br />VMP MORTGAGE FORMS - (800)521
<br />Page 1 of 6
<br />3028C.frm 3/99
<br />
|