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Vesting Information: <br />0 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 EASTERLY FOURTY -NINE (49) FEET OF BLOCK SIXTEEN (16), OF WINDOLPH'S <br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 1003 WEST ANNA <br />........ ......... ............................... <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 $ 11, 011.63 . 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) (Da ] 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 -397 -2341) Form RE -DT -NE 10/27/97 <br />®C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />rI ---� <br />V <br />C-> (jr) <br />Q <br />CD <br />� <br />ran cDn <br />70 <br />--4 M <br />o <br />n n <br />Z <br />n = <br />rrI <br />('� <br />-� o <br />—n <br />n <br />Q C0 <br />o <br />= rn <br />O <br />D <br />M <br />r) <br />C!1 <br />(M <br />D <br />Cn a <br />�C <br />co <br />.� <br />� <br />--� <br />This Instrument Prepared By: <br />O <br />(40 <br />rq, <br />Commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />CSHUDA <br />State of Nebraska <br />Space Above This Line For <br />Recording Data <br />O <br />DEED OF TRUST <br />Application # 0109950683 <br />(With Future Advance Clause) <br />El <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................ <br />November <br />9, <br />............................... <br />2 0 0 0 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: BRIAN SHARP <br />JUDITH SHARP <br />1003 WEST ANNA <br />1003 <br />WEST ANNA <br />Grand Island, NE <br />68801 Grand Island, <br />NE <br />68801 <br />Vesting Information: <br />0 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 EASTERLY FOURTY -NINE (49) FEET OF BLOCK SIXTEEN (16), OF WINDOLPH'S <br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 1003 WEST ANNA <br />........ ......... ............................... <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 $ 11, 011.63 . 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) (Da ] 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 -397 -2341) Form RE -DT -NE 10/27/97 <br />®C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />