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Tni.s Instrument Prepared By: <br />commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />CSHUDA <br />N <br />M <br />n <br />= D Z <br />i`i'i = <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0109843284 <br />�� <br />(With Future Advance Clause) S0 <br />E] Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is September 22 , 2000 <br />................ ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DONALD J WEBER MAGDALENE M WEBER <br />503 EAST 12TH STREET 503 EAST 12TH STREET <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />EJ 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 i <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 NORTHERLY SEVENTY -EIGHT (78) FEET OF LOT FIVE (5), BLOCK THIRTY -SIX (36), <br />RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 503 EAST 12TH STREET <br />......... ............................... <br />(County) <br />Grand I s land 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 $ 19 , 8 4 0.38 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 />Secur;t;, Ir:st:^lmeu?t. <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) (page I of 4) <br />0` 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 11 %yJ f <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800 521 -7291 I <br />D <br />C=, <br />C-1) - -+ <br />tr3: <br />Cn <br />( <br />_ <br />.- ;-- <br />(7 <br />rn <br />CD <br />U-1 <br />- <br />CD <br />Gl. <br />CD <br />ty <br />CC) <br />`_] <br />co <br />N <br />© <br />r' <br />CT) <br />N <br />(!� <br />Cc) <br />CD CD <br />Z <br />O <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0109843284 <br />�� <br />(With Future Advance Clause) S0 <br />E] Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is September 22 , 2000 <br />................ ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DONALD J WEBER MAGDALENE M WEBER <br />503 EAST 12TH STREET 503 EAST 12TH STREET <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />EJ 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 i <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 NORTHERLY SEVENTY -EIGHT (78) FEET OF LOT FIVE (5), BLOCK THIRTY -SIX (36), <br />RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 503 EAST 12TH STREET <br />......... ............................... <br />(County) <br />Grand I s land 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 $ 19 , 8 4 0.38 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 />Secur;t;, Ir:st:^lmeu?t. <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) (page I of 4) <br />0` 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 11 %yJ f <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800 521 -7291 I <br />