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<br /> This Instrument Prepared By: �>�,�� N o -n � Q
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<br /> 99 110248 °
<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST Application # 0109104273
<br /> (With Future Advance Clause) �a
<br /> 0 Construction Security Agreement ��
<br /> 1. DATE AND PARTIES. The date of this Deed of Tntst(Security Instrument) is October 11, 1999
<br /> ........................................
<br /> and the parties, their addresses and tax idenrification numbers, if required, are as follows:
<br /> TRUSTOR: ROGER M VOLK MARIAN KIRBY
<br /> 1132 S CHERRY 1132 S CHERRY
<br /> Grand Island, NE 68801 Grand Island, NE 68801
<br /> ROGER M VOLK AND MARIAN KIRBY JTWROS
<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
<br /> the Secured Debt (defia:,d belaw) and Trustor's performance under this Security Instniment, 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 /> LOT 16 FONNER VIEW SUBDIVISION, CITY OF GRAND ISLAND,HALL COUNTY, NE
<br /> The property is located in Hall at 11.32 S CHERRY
<br /> ........................................
<br /> (Counry)
<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 eacisting and future unprovements, 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. T'he total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ 6,1�1.5 0 . This limitation of amount does not include interest and other fees
<br /> .............................................
<br /> and charges validly ma�e pu:suant 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 perferm 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 /> � 1994 Bankers Systems,Inc.,St.Cloud,MN(1-8W-347-2341) Form RE-DT-NE IO/27/97 �
<br /> �J�� �
<br /> ��CI(S(�� (9808) VMP MORTGAGE FORMS-(800)521-7291
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