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LOT 52, LE HEIGHTS FOURTH SUBDIVISION, TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall a[ 2128 VIKING PLACE <br />(County) <br />__ _.. _.... Grand Island Nebraska 68803 <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 $ 7,500.00 . This limitation of amount does not include interest and other fees <br />validly atle p.....n. in this Security nstr <br />and charges validly made pursuant [o [his Secmity 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 Freels), 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: 0121597520 Loan Amount: $7,500.00 Maturity Date: 03/15/2008 <br />NEBRASKA - DEED OF TRUST (MOT FOR FNMA FHrMC, FHA ON VA USE) ^1 (page 1 oi4 <br />© 1936 Bankers S,et.m .lnc. St CMud, MN p 8003912341 ) From RE DRNE 10127,97 hr <br />(!M®CISRNE) times) VMP MONTGAGE FORMS -S00R21-R91 NISPrint p100141 <br />M D <br />R1 <br />C rn c1l o n 00 <br />- x <br />CD <br />Z w o —+ <br />cr <br />N <br />r0.' A' o -�-I ^' <br />Do <br />O- <br />IT! ,-�-, <br />o, <br />"� <br />p <br />U = rn <br />n � O ➢ u <br />O <br />n rn <br />p <br />Z <br />l 20030213.7 Q` <br />° <br />_ <br />State of Nebraska Space Above TId9 Line For Recording Data <br />Commercial Federal Bank <br />450 Regency PkWy, Atrium E DEED OF TRUST Application # 0121597520 <br />Omaha, NE 68114 <br />(With Future Advance Clause) <br />(9 02) 827 -2600 CATRINA M DELOSH <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The daze of this Deed of Trust (Security Instrument) is Fe I br-u st Y 12 , 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LAURIE K JOHNSON FRANCIS W JOHNSON Jr <br />2128 VIKING PLACE 2128 VIKING PLACE <br />Grand Island, NE 68803 Grand Island, NE 68803 <br />Vesting Information: FRANCIS W .0 LAURIE K JOHNSON JR, JOINT TENANTS AS HUSBAND AND WIFE <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 />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: <br />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, Rod to <br />secure <br />the Secured Debt (defined below) and Trusmr's performance under this Security Instrument, Trustor irrevocably <br />grants, <br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />LOT 52, LE HEIGHTS FOURTH SUBDIVISION, TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall a[ 2128 VIKING PLACE <br />(County) <br />__ _.. _.... Grand Island Nebraska 68803 <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 $ 7,500.00 . This limitation of amount does not include interest and other fees <br />validly atle p.....n. in this Security nstr <br />and charges validly made pursuant [o [his Secmity 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 Freels), 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: 0121597520 Loan Amount: $7,500.00 Maturity Date: 03/15/2008 <br />NEBRASKA - DEED OF TRUST (MOT FOR FNMA FHrMC, FHA ON VA USE) ^1 (page 1 oi4 <br />© 1936 Bankers S,et.m .lnc. St CMud, MN p 8003912341 ) From RE DRNE 10127,97 hr <br />(!M®CISRNE) times) VMP MONTGAGE FORMS -S00R21-R91 NISPrint p100141 <br />