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DEED OF TRUST Application # 0120819800
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is January 25, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />Vesting Information:
<br />DAVID HALTE
<br />104 OAK STREET
<br />Alda, NE 68810
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Tmstors, 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 />PO Box 1103
<br />Omaha, NE 68101
<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 Toaster's performance under this Security Instrument, Truster irrevocably grants,
<br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property:
<br />LOTS 1, 2, AND 3, BLOCK 5, BROWN'S ADDITION, VILLAGE OF ALDA, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located in Hall at 104 OAK STREET
<br />(County)
<br />Alda , Nebraska 68810
<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 $ 14,473.35 . 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 the
<br />terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security hlstrmcut.
<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 Rote(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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FMIMC, FHA GR VA USE)
<br />1994 Bankers Systems, Inc., St. Cloud AN (1- 800 -397-2341) Forth RE -DT -NE 10/2]/9]
<br />- C165(NE) (9808) WE MORTGAGE FORMS- (800)521 -7291
<br />xk page 1 of 4)
<br />Uni Print #100141
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<br />TRUSTOR:
<br />Vesting Information:
<br />DAVID HALTE
<br />104 OAK STREET
<br />Alda, NE 68810
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Tmstors, 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 />PO Box 1103
<br />Omaha, NE 68101
<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 Toaster's performance under this Security Instrument, Truster irrevocably grants,
<br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property:
<br />LOTS 1, 2, AND 3, BLOCK 5, BROWN'S ADDITION, VILLAGE OF ALDA, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located in Hall at 104 OAK STREET
<br />(County)
<br />Alda , Nebraska 68810
<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 $ 14,473.35 . 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 the
<br />terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security hlstrmcut.
<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 Rote(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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FMIMC, FHA GR VA USE)
<br />1994 Bankers Systems, Inc., St. Cloud AN (1- 800 -397-2341) Forth RE -DT -NE 10/2]/9]
<br />- C165(NE) (9808) WE MORTGAGE FORMS- (800)521 -7291
<br />xk page 1 of 4)
<br />Uni Print #100141
<br />
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