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BENEFICIARY: <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, Toaster 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 13, IN BLOCK "E ", IN PARKVIEW BITRDIVISION, IN THE CITY OF CRAM ISLAND, <br />HALL COUNTY, NEBRASKA, EXCEPT THE EAST 16.R FEET THEREOF. <br />The property is located in Hall at 2515 PIONEER BLVD <br />(County) <br />Grand Island ,Nebraska 68801 <br />(Address) (City) (ZIP Cede) <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 rcTlacements 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. MAXIMCIM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 34, 202.16 . This limitation Of amount does net include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does tut apply to advances made under the <br />terms of Ibis 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 tinder the terms of all promissory note(s), contraeds), 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' ru ones, note amounts, interest rates, maturity dates, etc.) <br />NEBRASKA - DEED OF TRUST Ivor on Or-A rnwc, FnA on vA osE) area j/3f 4 <br />p <br />end.eokereAo— ,,,iz.src,.a Me Oaao.,:Me row RE -or-ar 1.1W ` J- <br />- Dli(NE) (9900) VMP MORTGAGE FORMS- (000)i21'1291 UIIi Print #100141 <br />sa <br />rV <br />n — <br />O TYaI <br />m D <br />r <br />O <br />G1 2 <br />p <br />ereparetl By: <br />Th i. ^. rc.ial <br />'. E yt <br />`� <br />➢ <br />i <br />mial Federal Dank <br />o Federal <br />!, <br />� <br />� <br />3301 W SCaLe 9tr, <br />33 <br />i <br />or, <br />Grand Ia1%6d ne 60803 <br />(3081 384 -4310 <br />I <br />^^ <br />CSHUOA <br />State. of Nebraska <br />Spxee Above This line For Recording Dam <br />... _. <br />DEED OF TRUST <br />Application <br />8 0120894395 <br />(With Future Advance Clause) <br />0 <br />Construction Security Agreement <br />�Ba <br />1. DA'R'E AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />February 21, <br />2002 <br />0 <br />and die parties, their addresses and tax identification numbers, if required, are as follows: <br />rl <br />TRUS'I'OR: DANIEL ARP <br />CHARMAINE ARP <br />2515 PIONEER BLVD <br />2515 <br />PIONEER BLVD <br />Grand Island, NE <br />68801 Grand Island, NE <br />68801 <br />veoring lneormation: <br />If checked, refer to the attached Addendum incorporated herein, for <br />additional Trustors, their <br />signatures and <br />acknowledgments. <br />TRUSTEE: <br />Commercial Federal Bank <br />13220 California <br />St <br />Omaha, NE 68154 <br />BENEFICIARY: <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, Toaster 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 13, IN BLOCK "E ", IN PARKVIEW BITRDIVISION, IN THE CITY OF CRAM ISLAND, <br />HALL COUNTY, NEBRASKA, EXCEPT THE EAST 16.R FEET THEREOF. <br />The property is located in Hall at 2515 PIONEER BLVD <br />(County) <br />Grand Island ,Nebraska 68801 <br />(Address) (City) (ZIP Cede) <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 rcTlacements 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. MAXIMCIM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 34, 202.16 . This limitation Of amount does net include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does tut apply to advances made under the <br />terms of Ibis 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 tinder the terms of all promissory note(s), contraeds), 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' ru ones, note amounts, interest rates, maturity dates, etc.) <br />NEBRASKA - DEED OF TRUST Ivor on Or-A rnwc, FnA on vA osE) area j/3f 4 <br />p <br />end.eokereAo— ,,,iz.src,.a Me Oaao.,:Me row RE -or-ar 1.1W ` J- <br />- Dli(NE) (9900) VMP MORTGAGE FORMS- (000)i21'1291 UIIi Print #100141 <br />sa <br />