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This Instrument Prepared By: <br /> Grand Island <br /> 3301 W State Str, - <br /> Grand Island, NE 68803 + ' <br /> (308) 384-4310 9 9 1 0 9 9 3� <br /> CSHUDA <br /> State of Nebraska Space Above This Line For Recording Data <br /> i <br /> DEED OF TRUST Application # 0109083998 <br /> (With Future Advance Clause) <br /> � Construction Security Agreement <br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is October 1, 1999 <br /> ............................... <br /> and the parties, their addres�es ana tax identification ni:mbe;s, i:required, are as fe?1ows: <br /> TRUSTOR: SANDRA S BRtrnIMUND <br /> 524 JOHNSON DRIVE <br /> Grand Island, NE 68803 <br /> Tax #505801528 <br /> ❑If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br /> acknowledgments. <br /> TRUSTEE: � <br /> Commercial Federal Bank <br /> 2120 S 72 Str <br /> Omaha, NE 68124 <br /> BENEFICIARY: <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 j <br /> the Secured Debt (de�iiie� below)"'ait�"T�usior's perf t�. ���-��- m * n� � P r ts � <br /> conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following describe prop <br /> r � <br /> ��I�.S 5�,���C� (2'��) �G�+����n � 1,�- S���� �'�� -� ��� ��� �� <br /> �,'�,rl���� ����.!'���. U��,�.� C�L�.{�� . I�P��S�f-� . � <br /> � �� <br /> 'The property is located in Hall at 524 JOHNSON DRIVE <br /> (Counry) <br /> Grand Island , Nebraska 68803 <br /> ................................................... � ........................................... <br /> (Address) (Ciry) (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 /> aot exc�ed Q 2�, 117.00 This limiration 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 to advances made under the <br /> terms of this Security Iastrument to protect Beneficiary's security and to perform any of the covenants contained in this <br /> Securiry 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, maturiry dates, ete.) <br /> I <br /> i <br /> NEBRASKA -DEED OF TRUST (NOT POR FNMA, FHLMC, FHA OR VA USE) n �,/J (pQ$C I Of 4� <br /> c0 1994 Bankers Systems,Ine.,St.Cloud,MN(I-800397-2341) Porm RE-DT-NE 10/27/97 �VO�J <br /> �Q C16S(T1E) (9808) VMP MORTGAGE FORMS-(800)521J291 � <br /> 1 <br />