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Vesting Information: <br />El 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 />13220 California St <br />Omaha, NE 68154 <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 />coneys and sells to Trustee, in trust for the benefit of Bencficiary, with power of sale, the following described property: <br />THE WEST 148 FEET OF THE NORTH 55 FEET, BLOCK 4, KOEHLER SUBDIVISION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 5.0.7 SOUTH VINE <br />(County) <br />Grand Island Nebraska 68801 <br />... .......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 $ 7, 011.27 . 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 of 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 />® UniPrint #100141 <br />n <br />m <br />N <br />{" ) <br />r) <br />r= <br />Z <br />fn <br />0 <br />O . x <br />7[ <br />1-� <br />O :> <br />� :> <br />3 <br />r,) N <br />jjJ. <br />rn i- <br />S. <br />L1 <br />r-r� <br />n <br />� O <br />O <br />Qa7 <br />c, - <br />-n <br />O <br />® <br />f Tl �1 <br />I <br />� � <br />N <br />This Instrument Prepared By: <br />rn <br />f D <br />C"'.t <br />Commercial Federal Bank <br />3301 W State Str, <br />(.o <br />(D <br />C/') <br />Cll <br />al <br />D <br />N <br />Grand Island, NE 68803 <br />cz <br />(308) 384 -4310 <br />CID <br />(n <br />N <br />CSHUDA <br />Cn <br />State of Nebraska <br />Space Above This Line For Recording <br />Data <br />O <br />DEED OF TRUST <br />Application # <br />0120734884 <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />December 4, <br />....... ............................... <br />2001 <br />and the parties, their addresses and tax <br />identification numbers, if required, are as follows: <br />o <br />- <br />TRUSTOR: CHAD W DELOSH <br />507 SOUTH VINE <br />Grand Island, NE 68801 <br />Vesting Information: <br />El 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 />13220 California St <br />Omaha, NE 68154 <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 />coneys and sells to Trustee, in trust for the benefit of Bencficiary, with power of sale, the following described property: <br />THE WEST 148 FEET OF THE NORTH 55 FEET, BLOCK 4, KOEHLER SUBDIVISION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 5.0.7 SOUTH VINE <br />(County) <br />Grand Island Nebraska 68801 <br />... .......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 $ 7, 011.27 . 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 of 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 />® UniPrint #100141 <br />