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<br />Slate Vabreska Space Above TWS Woe For ReeOrdwe Data
<br />Commercial Federal Ran
<br />450 Regency Pkwy, Atrium E DEED OF TRUST Application # 0122263890
<br />0 aha, NB 68114 (With Future Advance Clause)
<br />(402) 827 2600 CATRINA M DELOS}[
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is January 13, 2004
<br />and the parties, their addresses and tax identification numbers, if required, me as follows:
<br />TRUSTOR: DUANE P VERSAW MYRA L VERSAW
<br />4196 MASON AVE 4196 MASON AVE
<br />Grand Island, HE 68803 Grand Island, NE 68803
<br />Vesting Information: DUANE F. VERSAW AND MYRA L. VERSAW, HUSBAND AND WIFE
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<br />LJ If checked, refer to the attached Addendum incorporated herein, for additional Trotters, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY:
<br />Commercial Federal Bank
<br />450 Regency Pkwy A -E Cons Ln
<br />Omaha, NE 68114
<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 Tmstor's performance render dos Security Instrument, Tmstor 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 ONE (1), SUNSET SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The properly is located at Hall al 4196 MASON AVE
<br />......._ ...... _..... ..... .................
<br />(Ceunry)
<br />Grand Island , Nebraska 68803
<br />(Address) (City) (ZIP Coda)
<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, futures, and replacements that may now, or at
<br />any time in the future, he pan of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal arnowrt seemed by this Security Instrument at any one time shall
<br />not exceed $ 34, 500.00 . 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 W 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 tern "Secured Debt" is defused 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 />Loan Number: 0122263890 Loan Amount: $34,500.00 Maturity Date: 01/19/2009
<br />NEBRASKA - DEED OF TRUST (NOT FOM FNMA, FHUac, FHA OR VA USE) ) (page 1 of 4)
<br />© 1994 BmAum Systams, Inc., St. Cloud. MN (1W 397 Fmm PFoT NE lw2]
<br />(W C165(NE) eaca) VMY MORTGAGE FORMS-(800)3211291 URi PI1Rt p190141
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