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BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT 13, IN BLOCK "E ", IN PARKVIEW SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA, EXCEPT THE EAST 16.8 FEET THEREOF. <br />The property is located in Hall at 2515 PIONEER BLVD <br />..... ... ........ I....................... <br />(County) <br />Grand Island , Nebraska 6.8.8.0.1 <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 $ 10,000-00 . 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 <br />the 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. (You must specifically identify the debt(s) <br />secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA US (page of <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 \�b� <br />-11465 NE <br />0 (9902) VMP MORTGAGE FORMS - (800)521-7291 <br />C� <br />C> cn <br />C7 <br />_ > r�ti <br />rn v? <br />t- <br />rri <br />O <br />Cz <br />71 <br />czo <br />M <br />rQ <br />C11 <br />O <br />N <br />'"t <br />Ca <br />1-3 <br />CD <br />co <br />a <br />This Instrument Prepared By: Q <br />Q7 <br />Commercial Federal Bank <br />U4 <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 1 <br />CSHUDA <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST Application # 0120874466 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />p <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is . <br />.............. <br />21, <br />2 0 02 <br />p <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />............................... <br />DANIEL ARP CHARMAINE ARP <br />a <br />TRUSTOR: 2515 PIONEER BLVD 2515 PIONEER <br />BLVD <br />Grand Island, NE 68801 Grand Island, <br />NE <br />68801 <br />Vesting Information: <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, <br />their signatures <br />and <br />acknowledgments. <br />TRUSTEE: Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT 13, IN BLOCK "E ", IN PARKVIEW SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA, EXCEPT THE EAST 16.8 FEET THEREOF. <br />The property is located in Hall at 2515 PIONEER BLVD <br />..... ... ........ I....................... <br />(County) <br />Grand Island , Nebraska 6.8.8.0.1 <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 $ 10,000-00 . 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 <br />the 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. (You must specifically identify the debt(s) <br />secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA US (page of <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 \�b� <br />-11465 NE <br />0 (9902) VMP MORTGAGE FORMS - (800)521-7291 <br />