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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 />THE EAST 21 FEET OF LOT 4, AND THE WEST 54 FEET OF LOT 3, IN BLOCK 10, PARKHILL <br />THIRD SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 241.1..W. OKLAHOMA.. AVE <br />............................ ............................... ................................ <br />(County) <br />Grand Island , Nebraska 68803 <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 $ 8,000.00 . 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 the <br />terns of this Security insirumeut to protect beneficiary's security aad 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 />0 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 -397 -2341) Form RE -DT -NE 10/27/97 <br />®C165M) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />(page 1 of 4) <br />t!'o <br />UniPrint #100141 <br />M <br />N <br />A A a <br />M <br />r)= <br />� <br />o-1 <br />o <br />= <br />N <br />rn <br />7C <br />m' <br />Z <br />O <br />o <br />CD <br />�j <br />—11 <br />o <br />CD <br />:z <br />CD <br />d <br />oo <br />ry <br />CO2' <br />This Instrument Prepared By: <br />Commercial Federal Bank <br />—.7 <br />3301 W State Str, <br />i <br />CN1l <br />Cn <br />co <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />TSEIDE <br />O <br />State of Nebraska Space Above This Line For Recording <br />Data <br />DEED OF TRUST <br />Application # 0120319090 <br />(With Future Advance Clause) <br />`J <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />May 2 5 , <br />2 00 , 1 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: THERESA ENGELHARDT KENT <br />ENGELHARDT <br />2411 W OKLAHOMA AVE 2411 <br />W OKLAHOMA AVE <br />Grand Island, NE 68803 Grand Island, <br />NE 68803 <br />Vesting Information: JTWROS <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 />THE EAST 21 FEET OF LOT 4, AND THE WEST 54 FEET OF LOT 3, IN BLOCK 10, PARKHILL <br />THIRD SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 241.1..W. OKLAHOMA.. AVE <br />............................ ............................... ................................ <br />(County) <br />Grand Island , Nebraska 68803 <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 $ 8,000.00 . 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 the <br />terns of this Security insirumeut to protect beneficiary's security aad 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 />0 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 -397 -2341) Form RE -DT -NE 10/27/97 <br />®C165M) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />(page 1 of 4) <br />t!'o <br />UniPrint #100141 <br />