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This Instrument Prepared By: <br />Commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />JMUELL <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0120866512 <br />(With Future Advance Clause) <br />El Construction Security Agreement p <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is February 18, 2002 <br />........... <br />............. .................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LESLIE E RUGE ROMA D RUGE <br />203 CHEST NUT P.O. BOX 181 203 CHEST NUT P.O. BOX 181 <br />Alda, NE 68810 Alda, NE 68810 <br />Vesting Information: <br />01f 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 />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 Trustor's performance under this Security Instrument, Trustor irrevocably grants, <br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />THE WEST 50.0 (FIFTY) FEET OF THE NORTH 140.0 (ONE HUNDRED FORTY) FEET OF BLOCK <br />4 (FOUR) IN BROWNS ADDITION, CITY OF ALDA, HALL COUNTY NEBRASKA. <br />The property is located in Hall at 203 CHEST NUT P.O. BOX 181 <br />......... ............................... <br />(County) <br />Alda .... ............................... > Nebraska 68810 <br />........... ............................... ........ ...................... <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 $ 10,794.89 . 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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1.800- 397 -2341) Form RE -DT -NE 10/27/97 <br />M— C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 UniPrint #100141 <br />CA <br />CD <br />Q <br />rn <br />T <br />M <br />`J <br />—4 <br />n <br />tV <br />_ <br />C1 <br />l7 <br />Z <br />L <br />-n <br />-' <br />CD <br />T <br />(T <br />rrt <br />C D <br />W <br />N <br />m <br />0 <br />Q� <br />-n <br />rQ <br />CO <br />n <br />Ca <br />CD <br />�.. <br />:3 <br />Q <br />rri <br />° <br />v' <br />C D <br />cc) <br />7r <br />_j__ <br />CAD <br />C n <br />CD <br />• j <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0120866512 <br />(With Future Advance Clause) <br />El Construction Security Agreement p <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is February 18, 2002 <br />........... <br />............. .................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LESLIE E RUGE ROMA D RUGE <br />203 CHEST NUT P.O. BOX 181 203 CHEST NUT P.O. BOX 181 <br />Alda, NE 68810 Alda, NE 68810 <br />Vesting Information: <br />01f 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 />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 Trustor's performance under this Security Instrument, Trustor irrevocably grants, <br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />THE WEST 50.0 (FIFTY) FEET OF THE NORTH 140.0 (ONE HUNDRED FORTY) FEET OF BLOCK <br />4 (FOUR) IN BROWNS ADDITION, CITY OF ALDA, HALL COUNTY NEBRASKA. <br />The property is located in Hall at 203 CHEST NUT P.O. BOX 181 <br />......... ............................... <br />(County) <br />Alda .... ............................... > Nebraska 68810 <br />........... ............................... ........ ...................... <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 $ 10,794.89 . 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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1.800- 397 -2341) Form RE -DT -NE 10/27/97 <br />M— C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 UniPrint #100141 <br />