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<br />�G�Commerc± -at— ',,t.�t.y �6Nebraska Space Above This Line For Recording Data
<br />450 Regency Pkwy, Atrium E REAL ESTATE DEED OF TRUST Application
<br /># 0122367931
<br />Omaha, NE 68114
<br />(402) 827 -2550 (With Future Advance Clause)
<br />AMANDA HOLMES 0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 3, 2004
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />ROY S WATSON Jr LINDA DIANNE
<br />WATSON
<br />TRUSTOR: 2416 OVERLAND TR CIR 2416 OVERLAND
<br />TR CIR
<br />Grand Island, NE 68801 Grand Island,
<br />NE 68801
<br />Vesting Information: ROY S WATSON JR AND LINDA DIANNE WATSON, HUSBAND AND WIFE
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE: Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY: 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
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT 28, REGENCY BY THE GREEN SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located in Hall at 2416 OVERLAND TR CIR
<br />....... ............. .. ........ I................
<br />(County)
<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 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 $ 14 7 , 5 0 0 .0 0 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
<br />the 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. (You must specifically identify the debt(s)
<br />secured and you should include the final maturity date of such debt(s).)
<br />Loan Number: 0122367931 Loan Amount: $147,500.00 Maturity Date: 05/03/2014
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) pa f4
<br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99
<br />-m C465(NE) (9902) VMP MORTGAGE FORMS - (800)521 -7291
<br />UniPrint #100261
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