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<br /> This Iastrument Prepared By ° � N -n z F,,, �
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<br /> Commercial Federal Bank � �;:; = rn �
<br /> 3301 W State Str, ` � � �'� � � � � � �
<br /> Grand Island, NE 68803 � ��
<br /> (308) 384-4310 � � � � � � � �
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<br /> JMUELL � � N ,J � i
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<br /> 99 110917
<br /> State of Nebraska Space Above This Line For Recording Data :
<br /> DEED OF TRUST Application # 0109160069
<br /> (With Future Advance Clause) ��
<br /> � Construction Security Agreement `
<br /> 1. DATE ANU PARTiES. The date of this Deed of Trust(Security Instrument) is November 5, 1999 `�
<br /> .......................................
<br /> aud the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: MICHAEL HILL JENNIFER HILL
<br /> 2303 N HOWARD 2303 N HOWARD
<br /> Grand Island, NE 68803 Grand Island, NE 68803
<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 (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 SOUTH 13 .25 (THIRTEEN AND TWENTY FIVE HUNDRETHS) FEET OF LOT 14 (FOURTEEN)
<br /> AND ALL OF LOT 16 (SIXTEEN) , BLOCK 8 (EIGHT) , UNIVERSITY PLACE, CITY OF GRAND
<br /> ISLAND, HALL COUNTY NEBRASKA.
<br /> The property is located in Hall at 2303 N HOWARD
<br /> ...........................................................
<br /> (County)
<br /> Grand Island , Nebraska 68803
<br /> ....................�Address) .....................
<br /> � ........................................... ................
<br /> (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 Securiry Insm�ment at any one time shall ,
<br /> r.ot e;:cc:;d w a��'-�8•i' . ihis iimitation oi 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), guaranry(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) �PQ$e 1 Of 4)
<br /> Q 1994 Bankers Systems,Inc.,St.Cloud,MN(I-800-347-234p Form RE-DT-NE 10/27/97 _
<br /> ��Cl($(1�') (9808) VMP MORTGAGE FORMS-(800)521-7291 y�
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