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<br /> This I�istrument Prepared B : `.,� N o -r-� � �
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<br /> C�mmercial Federal Bank -T,
<br /> 3301 W State Str, t�/� C !-;. �� �" N
<br /> _7.. I-� LSJ F"�
<br /> Grand Island, NE 68803 � Q ' __. � r �, y
<br /> (308) 384-4310 tli
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<br /> 99 111934 �� `� � o
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<br /> --State of Nebraska Space Above This Line For Recordioy Dsto
<br /> DEED OF TRUST Application # 0109204537
<br /> (With Future Advance Clause)
<br /> 0 Construction Security Agreement �
<br /> 1. DATE AND PARTIES..The date of ttris Deed of Trust(Security Instniment) is December 3, 1999 0
<br /> and the parties, their u�dresses and tax identification ztumbers, if required, are as follows: ��
<br /> d
<br /> TRUSTOR: VELMA FENTON
<br />� 3 0£3 S KIMBALL
<br /> iGrand Island, NE 68801
<br /> 0 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 /> vmaha, N�L 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 Insmiment, Trustor irrevocably grants,
<br /> conveys and sells to Trustee, in trust for the benefit of Ber�ficiary, wiih power of sale, the followin�g described property:
<br /> HANNS THIRD ADDITION EAST HALF OF LOT 2 (TWO) , BLOCK 7 (SEVEN) , HALL COUNTY
<br /> NEBRASKA.
<br /> ,
<br /> The property is located in xall at 308 S KIMBALL
<br /> ...................................................... .....................................
<br /> (County)
<br /> Grand Island , Nebraska 68801
<br /> ................................................... . ..............
<br /> (Address) (Ciry) (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 e�cisting 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. NIAXIMUM OBLIGATION LIMIT. T'he total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ ?0,3 2 2.41 . This limitation of amount does not include mterest 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 *his
<br /> Security Instrument.
<br /> 4. S�^.L�D ���T h�'� �ti:'URE ADZ'Aiti'CES. T1ie term "Secur�c;Jeb�" is d�fined as�oiiuws:
<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(1-800-397-2341) Form RE-DT-NE ]0/27/97 J��
<br /> ��
<br /> ��C165(NE) (9808) VMP MORTGAGE FORMS-(S00)521-7291
<br />
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