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Vesting Information <br />If 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 />LOT 2, BLOCK 8 7, WHEELER AND BENNETT FOURTH ADDITION, CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />The property is located in Hall 203 W 17TH ST <br />................ I......... . I........... at <br />......... ............................... <br />(County) <br />.................... ............................... .Grand Island. ......................,Nebraska 68801 <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 $ 24, 229.00 . 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 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 />(D 1994 Bankers Systems, Inc., $t. Cloud MN (1- 906397 -2341) Form RE-0T -NE 10/27/97 <br />4= C165(NE) (9809) VMP MORTGAGE FORMS- (800)5214291 <br />QD <br />(pipe )-of 4 <br />Uni Print 4100141 <br />G <br />C) (n <br />c <br />-H M <br />cD �p <br />CD <br />0 0. <br />r10 <br />�1 <br />rV <br />m <br />u <br />D Co <br />C7 C4 <br />M <br />r <br />IV <br />This Instrument Prepared By: <br />CD <br />7c <br />m <br />Commercial Federal Bank <br />D <br />CO <br />3301 W State Str, <br />GA <br />fn <br />CO <br />Grand Island, NE 68803 <br />cn <br />(308) 384 -4310 <br />�•� <br />CSHUOA <br />S+ <br />State of Nebraska <br />Space Above Ttds Line For Recording <br />Data <br />DEED OF TRUST <br />Application <br /># 0120914130 <br />(With Future Advance Clause) <br />N,r, <br />0 Construction Security Agreement <br />p <br />1. DATE AND PARTIES. The date of <br />this Deed of Trust (Security Instrument) is March 9, 2002 <br />and the parties, their addresses and tax <br />......... ............................... <br />identification numbers, if required, are as follows: <br />TRUSTOR: CARL L WOODS <br />GAYLE <br />L WOODS <br />203 W 17TH ST <br />203 W <br />17TH ST <br />Grand Island, <br />NE 68801 Grand <br />Island, NE <br />68801 <br />'.. <br />Vesting Information <br />If 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 />LOT 2, BLOCK 8 7, WHEELER AND BENNETT FOURTH ADDITION, CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />The property is located in Hall 203 W 17TH ST <br />................ I......... . I........... at <br />......... ............................... <br />(County) <br />.................... ............................... .Grand Island. ......................,Nebraska 68801 <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 $ 24, 229.00 . 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 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 />(D 1994 Bankers Systems, Inc., $t. Cloud MN (1- 906397 -2341) Form RE-0T -NE 10/27/97 <br />4= C165(NE) (9809) VMP MORTGAGE FORMS- (800)5214291 <br />QD <br />(pipe )-of 4 <br />Uni Print 4100141 <br />