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Ret. Env. State of Nebraska Spnve Alsve This Line For Rerossiro Data <br />commercial eed-11 sank <br />4EO xegece, Pk,,,, Atrium E DEED OF TRUST Application # 012176859z <br />Omaha, NE 6e1I4 (With Future Advance Clause) <br />(602) 82]2600 CATRINA M UELOSH <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security llutrumere) is May 8, 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RAYMOND ROLLINS DEANNA ROLLINS <br />4018 W ROTH RD 4018 W ROTH RD <br />Grand Island, NE 68603 Grand Island, NE 68803 <br />Vesting Information: RAYMOND ROLLTNS Peru DEANNA ROLLINS, Instant) AND wTF. <br />o `+ <br />o � <br />z <br />Q <br />U If checked, refer to the attached Addendum incorporated herem, for additional Trusims, 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 Ln <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 Truster's performance under this Security Instrument, Frustum 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 SIXTEEN (16), POTASH SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall _ at 4018 W ROTH RD <br />(C ... ty) <br />Grand Island , Nebraska 68803 <br />(AArlrecs) (City) (ZIP Cods) <br />Together with all rights, easements, appurtenances, royalties, rrmleral rights, oil and gas rights, all water and riparian rights, <br />ditches, mid water stock and all existing and furore 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 Instrmuent at any one time shall <br />not exceed $ 23, 690.56 . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to [his Security Instrument. Also, this limitation does not apply to advances made under the <br />terms of this Security hhsomnent to protect Beneficiary's security and to perform any of me 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 mein extensions, renewals, modifications or substitutions- (When referencing the debts below it M <br />suggested that you include items such as borrowers' names, note amounts, interest rates, rmtlurity dates, etc.) <br />Loan Number. 0121968592 Loan Amount: $23,670.56 Maturity Date: 05/19/2013 <br />NEBRASKA - DEED OF TRUST (NOT FOR I NMA, FRLMG, FHA On VA USE) hope 1 ofal <br />0 oni Bankers ayalo- Inc., a CoNd. MN (1- 8003972341) FUnn HE NN NE 111c9l L � % <br />w - C165(NE) (93001 VMP MORTGAGE FORMS - SOPS217291 Unl Print «100141 <br />on <br />T <br />w <br />C <br />n <br />N, <br />C D <br />IT <br />�� <br />=—i <br />D O <br />m <br />X -� <br />-c <br />—( m <br />T <br />N <br />200304 <br />y <br />o <br />�a <br />W <br />N <br />N <br />Ret. Env. State of Nebraska Spnve Alsve This Line For Rerossiro Data <br />commercial eed-11 sank <br />4EO xegece, Pk,,,, Atrium E DEED OF TRUST Application # 012176859z <br />Omaha, NE 6e1I4 (With Future Advance Clause) <br />(602) 82]2600 CATRINA M UELOSH <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security llutrumere) is May 8, 2003 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: RAYMOND ROLLINS DEANNA ROLLINS <br />4018 W ROTH RD 4018 W ROTH RD <br />Grand Island, NE 68603 Grand Island, NE 68803 <br />Vesting Information: RAYMOND ROLLTNS Peru DEANNA ROLLINS, Instant) AND wTF. <br />o `+ <br />o � <br />z <br />Q <br />U If checked, refer to the attached Addendum incorporated herem, for additional Trusims, 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 Ln <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 Truster's performance under this Security Instrument, Frustum 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 SIXTEEN (16), POTASH SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall _ at 4018 W ROTH RD <br />(C ... ty) <br />Grand Island , Nebraska 68803 <br />(AArlrecs) (City) (ZIP Cods) <br />Together with all rights, easements, appurtenances, royalties, rrmleral rights, oil and gas rights, all water and riparian rights, <br />ditches, mid water stock and all existing and furore 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 Instrmuent at any one time shall <br />not exceed $ 23, 690.56 . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to [his Security Instrument. Also, this limitation does not apply to advances made under the <br />terms of this Security hhsomnent to protect Beneficiary's security and to perform any of me 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 mein extensions, renewals, modifications or substitutions- (When referencing the debts below it M <br />suggested that you include items such as borrowers' names, note amounts, interest rates, rmtlurity dates, etc.) <br />Loan Number. 0121968592 Loan Amount: $23,670.56 Maturity Date: 05/19/2013 <br />NEBRASKA - DEED OF TRUST (NOT FOR I NMA, FRLMG, FHA On VA USE) hope 1 ofal <br />0 oni Bankers ayalo- Inc., a CoNd. MN (1- 8003972341) FUnn HE NN NE 111c9l L � % <br />w - C165(NE) (93001 VMP MORTGAGE FORMS - SOPS217291 Unl Print «100141 <br />