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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST .�pplication # 0109186692
<br /> (With Future Advance Clause)
<br /> 0 Construction Security Agreement "
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Secur�ty Instrumen±) �s November �9, 1999 Yq
<br /> ...................................... "�'
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows: o
<br /> TRU�TOR: T�ARRy DESAIRE BETTY DESAIRE
<br /> 7 2 0 S ARTHL7R 7 2 0 S ARTHUR
<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 /> aclrnowledgments.
<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 /> tl-.e Secured Debt (defined below) and Trustor's performance under this Securiry Instrument, Trustor irrevocably grants,
<br /> conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described properry:
<br /> LOT 19 (NINETEEN) BLOCK 9 (NINE) PARK HILL THIRD SUBDIVISION HALL COUNTY
<br /> NEBRASKA.
<br /> The property is located in ...Hall.......... . .. . . . .......... .. at 720 S ARTHi7R
<br /> ........................................
<br /> (County)
<br /> Grand Island , Nebraska 68803
<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$ ....?.5,812.5 0 . T'his limitation of amount does not include interest and other fees I
<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) l 1 (PC1gC 4)
<br /> Qc 1994 Bankers Systems,Inc.,St.Cloud,MN(1-80(Y397-2341) Form RE-DT-NE IOR7/97 �X
<br /> ��C165(NE) (9808) VMP MORTGAGE FORMS-(800)521-7291
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