|
11 I' I) !b
<br />z n
<br />m n
<br />C) ° no r;
<br />o
<br />r:f
<br />OR D p l c n
<br />r
<br />OR Go
<br />N
<br />T to •� m
<br />0
<br />t�A
<br />n hj.. N O T
<br />O
<br />C
<br />0
<br />This Instrument Prepared ay: y �• m
<br />`
<br />Ol
<br />Commercial Federal Bank
<br />1 D
<br />rr
<br />t. Sir
<br />crone Island 68803 N
<br />sle
<br />1308) 3a4 -9310
<br />DA
<br />Slate Of Nebraska _ Space Above Thus Line Far Recording Para
<br />DEED OF TRUST Application # 0120747118
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />S. Ile date ofchis Deed of 7Ynst (Security Instrument) is December 22, 2001
<br />1. DATE ANtD PARTIES.
<br />G
<br />a
<br />and the i identification numbers, if remored, are as follow)
<br />TRUSTOR: TIM SAULSBURY
<br />1111 NORTH WALNUT
<br />Wood River, WE 68883
<br />Vesting Informa0ise
<br />E71 if checked, refer to the attached Addendum incorporated herein, for additional 'I'notors, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY:
<br />Commercial Federal Bank
<br />PO Box 1103
<br />Omaha, WE 68101
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and suftictency of which is acknowledged, and to secure
<br />the Secured Debt (defined below) and Toaster's performance under this Security Instrument, Truster irrevocably grants,
<br />conveys and sells to Tnlatee, in most for the benefit of Beneficiary, with power of sale, the following described property:
<br />THE W 1/2 OF LOT 5, ANll ALL OF LOT 6, BLOCK 10, BRETT AND JOHNSON'S ADDITION TO
<br />THE TOWN OF WOOD RIVER, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 1111 NORTH WALNUT
<br />(Colors)
<br />Wood River , Nebraska 68883
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, ail 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 par[ 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 S 13, 000.00 . This lun nation 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 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 describea
<br />below and all their extensions, renewals, modifications or substitutions- (when referearing the debts below it is
<br />suggested that you Include beers such as borrowers' names, note amounts, interest rates, maturity dares, etc.)
<br />NEBRASKA - DEED OF TRUST (NOT rein rNMA. to Mr., F-A OR VA e5R) (page 1 or 4)
<br />01994 Rul 9yxlu,ns, Ind. aL Cloud MN I1- 000 397 2d41) Form RE mor Ion7m
<br />iJ
<br />®�C168(NE) (9809) VMP MVX IUA4f rnRMS(¢¢0)eYlr291 nniPrint 4100141
<br />
|