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This Instrument Prepared By: <br />Commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />JMUELL <br />State of Nebraska <br />X <br />o <br />Cl) (r) <br />n n <br />= D <br />n <br />rn <br />c— <br />_ <br />= D z <br />Q <br />rn (n <br />rn <br />x <br />p w <br />r– D <br />(n <br />00 <br />i <br />CD <br />N M <br />CD CD <br />CD a <br />F-A, a <br />CD y <br />co C <br />O <br />Cn C <br />CJ1 co <br />DEED OF TRUST Application # 0120488069 <br />(With Future Advance Clause) <br />E] Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 4, 2001 <br />y. <br />..... ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: �a <br />TRUSTOR: BARRY D SCHOCHENMAIER COLLEEN J SCHOCHENMAIER <br />2424 W ANNA ST 2424 W ANNA ST <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting Information: <br />e <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 />THE EASTERLY 30 (THIRTY) FEET OF LOT 22 (TWENTY -TWO) AND THE WESTERLY 54 <br />(FIFTY -FOUR) FEET OF LOT 23 (TWENTY- THREE), BLOCK 2 (TWO), PARKHILL <br />SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 2424 W ANNA ST <br />......... ...I ........................... <br />(County) <br />Grand Island , Nebraska 6 8 8 0 3 <br />......................... I .................... I.... .......I......... .................... <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 $ 41,128.00 . 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) (page 1 <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10127/97 <br />OM - C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />® UniPrint #100141 <br />o <br />Cl) (r) <br />rn <br />c— <br />m <br />rn <br />M <br />p w <br />r– D <br />(n <br />00 <br />CJl <br />Cn <br />N <br />Space Above This Line For Recording <br />Data — <br />CD <br />N M <br />CD CD <br />CD a <br />F-A, a <br />CD y <br />co C <br />O <br />Cn C <br />CJ1 co <br />DEED OF TRUST Application # 0120488069 <br />(With Future Advance Clause) <br />E] Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 4, 2001 <br />y. <br />..... ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: �a <br />TRUSTOR: BARRY D SCHOCHENMAIER COLLEEN J SCHOCHENMAIER <br />2424 W ANNA ST 2424 W ANNA ST <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting Information: <br />e <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 />THE EASTERLY 30 (THIRTY) FEET OF LOT 22 (TWENTY -TWO) AND THE WESTERLY 54 <br />(FIFTY -FOUR) FEET OF LOT 23 (TWENTY- THREE), BLOCK 2 (TWO), PARKHILL <br />SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 2424 W ANNA ST <br />......... ...I ........................... <br />(County) <br />Grand Island , Nebraska 6 8 8 0 3 <br />......................... I .................... I.... .......I......... .................... <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 $ 41,128.00 . 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) (page 1 <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10127/97 <br />OM - C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />® UniPrint #100141 <br />