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<br /> li �s Instrument Prepared By:
<br /> Commercial Federal Bank
<br /> 3301 W State Str,
<br /> Grand Island, NE 68803
<br /> �308, 384-4310 9 9 1 1 1 8 5 0
<br /> CSHUDA
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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST Application # 0109184853
<br /> (With Future Advance Clause)
<br />' � Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed oi Trust(Security Instrument) is Novemher 23, 1999
<br /> an e parties, their addresses and tax identificarion numbers, if required, are as follows:
<br /> TRUSTOR: KENNETH J ROBBINS TAMMY L ROBBINS
<br /> 721 N KIMBALL 721 N KIMBALL
<br /> Grand Island, NE 68801 Grand Island, NE 68801
<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 und�r this Security Inst:u::ient, Trustor irrevoeably grants,
<br /> conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property:
<br /> THE NORTHERLY 62 .2 FEET OF LOT 4, BLOCK 129, IN UNION PACIFIC RAILWAY COMPANY'S
<br /> SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> The property is located in Hall at 721 N KIMBALL
<br /> (Counry)
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<br /> Grand Island , Nebraska 68801
<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 Securiry Instrument at any one time shall
<br /> not exceed$ 13, 003 .56 . This limitation 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 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'narrtes, note amounts, interest rates, maturity dates, etc.)
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<br /> NEBRASKA -DEED OF TRUST (NOT FOR PNMA, FHLMC, FHA OR VA USE) !/���,� �age�
<br /> Q 1994 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341) Form RE-DT-NE 10/27/97 ����
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<br /> ��C165(NE) (9808) VMP MORTGAGE FORMS-(S00)521-7291
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