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01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />Ill;01-111:44 <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 />LOT NINETY -EIGHT (98) IN WEST LAWN, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hal l at 1724 N HUSTON <br />............................ ............................... ......... ............................... <br />(County) <br />Grand Island , Nebraska 68803 <br />.................... ............................... ......... .........I..................... ...................... <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 $ 17,893.06 . 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) (gags r of 4) <br />(D 1994 Owkem Systems, Inc., St. Ciws, MN (1.800- 397 -2341) Forth RE -DT -NE 10/27W <br />4Q- C155(NE) (9809) VMP MORTGAGE FORMS - (800),521 -7291 <br />UniPrint #100141 <br />m Cl <br />c> rr <br />o <br />rz z n CA <br />zn, <br />rri <br />T N <br />rn <br />—4 M <br />O <br />co <br />CD <br />tZ <br />,1 <br />CD <br />m <br />Z3 <br />r <br />r a <br />ry <br />co <br />N <br />CT) <br />This Instrument Prepared By: <br />a <br />cri <br />D <br />v v <br />Commercial Federal Bank <br />CCn <br />N <br />Cr) <br />co <br />3301 W State Str, <br />N <br />c <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />¢ <br />CSHUDA <br />-_,- <br />State or Nebraska <br />Space Above This Line For <br />Recording Data <br />DEED OF TRUST <br />Application <br /># <br />0120877782 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of <br />this Deed of Trust (Security Instrument) is <br />March 6, <br />2002 <br />0 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />0 <br />TRUSTOR: DARLA M POLAK <br />1724 N HUSTON <br />Grand Island, <br />NE 68803 <br />Vesting Information: <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />Ill;01-111:44 <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 />LOT NINETY -EIGHT (98) IN WEST LAWN, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hal l at 1724 N HUSTON <br />............................ ............................... ......... ............................... <br />(County) <br />Grand Island , Nebraska 68803 <br />.................... ............................... ......... .........I..................... ...................... <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 $ 17,893.06 . 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) (gags r of 4) <br />(D 1994 Owkem Systems, Inc., St. Ciws, MN (1.800- 397 -2341) Forth RE -DT -NE 10/27W <br />4Q- C155(NE) (9809) VMP MORTGAGE FORMS - (800),521 -7291 <br />UniPrint #100141 <br />