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<br />Commercka3--Fetlera °�aN�rNebraska Space Above This Line For Recording Data
<br />450 Regency Pkwy, Atrium E REAL, ESTATE DEED OF TRUST Application
<br />k 0121528079
<br />omaha, NE 60114
<br />(402) a27 -2600 (With Future Advance Clause)
<br />CATRINA M DELOSH 0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is January 9, 2003
<br />.s
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />STEVEN J PAUSTIAN LUCINDA R PAUSTIAN
<br />TRUSTOR: 1012 S CHERRY 1012 S CHERRY
<br />Grand Island, NE 68801 Grand Island, NE
<br />68801
<br />Vesting Information STEVEN J. PAUSTIAN AND LUCINDA R. PAUSTIAN, HUSBAND AND WIFE
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Tmstors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE: Commercial Federal Bank
<br />13220 California St
<br />Omaha, HE 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 3, FONNER VIEW SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall
<br />at 1012 S CHERRY
<br />(County)
<br />Grand Island , Nebraska 68801
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, 08 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 in as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 35, 000.00 . 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
<br />the terms of this Security Instrument in 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 debts)
<br />secured and you should include the final maturity date of such debtp).)
<br />Loan Number: 0121528079 Loan Amount: $35,000.00 Maturity Date: 01/09/2013
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT Foa rose. 'Hom, FHA OR VA USE) ge /f
<br />.01994 setos System, Ind, St Cloud, MN Fond OCP IFOU WE 1na99
<br />(aC465(NE) (%O2) VMP MORmsGE FORMS -(09J,52D]291
<br />
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