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TRUSTOR: CECELIA L DILLON <br />912 SOUTH PINE <br />Grand Island, NE 68801 <br />Vesting Information: <br />[:]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 />LOT 2, BLOCK 15, SOUTH GRAND ISLAND ADDITION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall......... .... , at 9 SOUTN <br />.12 ........ H ......PI..E ....................... <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 $ 5,000.00 . 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 />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 />i t (page I of 4) <br />l � <br />UniPrint #100141 <br />M <br />yA, <br />o <br />A z <br />n <br />~ <br />c©_ n <br />N to <br />pp <br />2 <br />-mot M <br />o <br />�. <br />S <br />c� C:1 <br />�l-_ <br />-< o <br />Q ,.T,I <br />O <br />-fie <br />� <br />-n <br />:M <br />O <br />C/O <br />ED <br />r� D <br />C !"1 <br />v 1 <br />C <br />(; <br />O <br />Gov <br />w <br />!� <br />D <br />C-n <br />C <br />This Instrument Prepared By: <br />� <br />O <br />CD <br />Commercial Federal Bank <br />a <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />0 <br />• <br />CSHUDA <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />Application <br /># 0120325576 <br />(With Future Advance Clause) <br />0 <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed <br />of Trust (Security Instrument) is <br />May <br />29, <br />2 0 01 .......................... <br />, <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: CECELIA L DILLON <br />912 SOUTH PINE <br />Grand Island, NE 68801 <br />Vesting Information: <br />[:]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 />LOT 2, BLOCK 15, SOUTH GRAND ISLAND ADDITION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall......... .... , at 9 SOUTN <br />.12 ........ H ......PI..E ....................... <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 $ 5,000.00 . 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 />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 />i t (page I of 4) <br />l � <br />UniPrint #100141 <br />