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R` F` State of Nebraska Space Above Ttls Line For RecoTslang Data <br />Commercial Federal Bank <br />450 Regency Pkwy, Atrium E DEED OF TRUST Application k 0121576425 <br />Omaha, NE 68114 <br />(402) 827 -2600 CATRINA M DELOSH (84th Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE (Security )' y 1, 2003 <br />D PARTIES. The date of this Deed of Trost Securi Instrument 1s February <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: GARY L McCRAY KATHLEEN M McCRAY <br />535 JOHNSON DR 535 JOHNSON DR <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting rnrormaticn: GARY L MCCRAY AND KATHLEEN M MCCRAY, HUSBAND AND WIFE <br />Ll If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />BENEFICIARY: <br />Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />Commercial Federal Bank <br />450 Regency Pkwy A -E Cons Lot <br />Omaha, NE 68114 <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 Instrument, Tmstor irrevocably grants, <br />Conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />LOT 36, WOLFE'S SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in I Hall gr 5.315 JOHNSON DR <br />(County) <br />.... _.. .... Grand Island .................. Nebraska 68803 <br />(Address) (6ry) (ZIP Cole) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, <br />ditches, and water amok 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 rota] principal amount seemed by this Security Immanent at any one time shall <br />not exceed $ 51, 000.00 . 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 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 />Loan Number: 0121576425 Loan Amount: $51,000.00 Maturity Date: 02/20/2013 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMO. FHA OR VA USE) (papa 1 4) <br />Q 19M Budder' Systems. Inc., SL Cloud. MN F 800 397 Porn Rini NE 10.2]ry] <br />®- C165(NE) nerd, VMP MORTGAGE FORMS a0dusl7291 now <br />® Uni Print X100141 <br />M <br />n <br />(. <br />o <br />c, N <br />on <br />`v <br />to <br />tV <br />rc <br />r^ <br />y m <br />m <br />r) <br />n <br />0 <br />0 <br />200301583 <br />R` F` State of Nebraska Space Above Ttls Line For RecoTslang Data <br />Commercial Federal Bank <br />450 Regency Pkwy, Atrium E DEED OF TRUST Application k 0121576425 <br />Omaha, NE 68114 <br />(402) 827 -2600 CATRINA M DELOSH (84th Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE (Security )' y 1, 2003 <br />D PARTIES. The date of this Deed of Trost Securi Instrument 1s February <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: GARY L McCRAY KATHLEEN M McCRAY <br />535 JOHNSON DR 535 JOHNSON DR <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting rnrormaticn: GARY L MCCRAY AND KATHLEEN M MCCRAY, HUSBAND AND WIFE <br />Ll If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />BENEFICIARY: <br />Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />Commercial Federal Bank <br />450 Regency Pkwy A -E Cons Lot <br />Omaha, NE 68114 <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 Instrument, Tmstor irrevocably grants, <br />Conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />LOT 36, WOLFE'S SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in I Hall gr 5.315 JOHNSON DR <br />(County) <br />.... _.. .... Grand Island .................. Nebraska 68803 <br />(Address) (6ry) (ZIP Cole) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, <br />ditches, and water amok 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 rota] principal amount seemed by this Security Immanent at any one time shall <br />not exceed $ 51, 000.00 . 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 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 />Loan Number: 0121576425 Loan Amount: $51,000.00 Maturity Date: 02/20/2013 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMO. FHA OR VA USE) (papa 1 4) <br />Q 19M Budder' Systems. Inc., SL Cloud. MN F 800 397 Porn Rini NE 10.2]ry] <br />®- C165(NE) nerd, VMP MORTGAGE FORMS a0dusl7291 now <br />® Uni Print X100141 <br />