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:0 <br />A n <br />M <br />A A Z <br />_ <br />C D <br />o __4 <br />CD <br />0e <br />n <br />CT <br />r <br />7C <br />M Q., <br />t' <br />-t M <br />° <br />- <br />`;, <br />C=i <br />Cl) <br />O -rl <br />° <br />'R1j <br />Q <br />CD <br />rn <br />'� <br />° <br />200006165 <br />r <br />�:y <br />r <br />M <br />l <br />t:n <br />(`� <br />00 <br />This Instrument Prepared By: <br />v <br />C73 <br />!�D <br />Commercial Federal Bank <br />f <br />° <br />N <br />Cil <br />3301 w State Str, <br />!/1 <br />^� <br />Grand Island, NE 68803 <br />Q <br />(308) 384 -4310 <br />CSHUDA <br />State of Nebraska <br />Space Above This Line For Recording <br />Data <br />DEED OF TRUST Application <br /># 0109699223 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is July 27, <br />2 0 0 0 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />Q <br />TRUSTOR: PAUL D MUELLER <br />KELLY D MUELLER <br />4256 MANCHESTER <br />4256 MANCHESTER <br />Grand Island, NE <br />68803 Grand Island, <br />NE 68803 <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 />LOT SIXTY -FOUR (64), IN LE HEIGHTS FOURTH (4TH) SUBDIVISION, IN THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall 4256 MANCHESTER <br />(County) <br />. .Grand ..Isl. nd ........................ , Nebraska 68803 <br />.................... ............................... ........ ....a.. <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 $ 25,127.50 . 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 />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) /L (pagC Of <br />°Z) 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10127197 y <br />®C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />