Vesting information
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />1-3:100419M. AW
<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 Trostor'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 3 (THREE), BLOCK 1 (ONE), SUMMERFIELD ESTATES, FIRST SUBDIVISION TO THE
<br />CITY OF1GRAND, HALL COUNTY, NEBRASKA.
<br />property .. all ................... ............................... at 1323 MEADOW RD
<br />The is located in H ................... I ................
<br />....
<br />(County)
<br />Grand Island , Nebraska 68803
<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 $ 17,000.00 . 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 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) (Page I aQ
<br />1994 Banker Systems, Inc.. St. Qcud, MN (1- 800 ,397 -2341) Form RE -DT -NE 10@757 _/,/_'�� j,/� %�/ 1(
<br />®C165(NE) (9808 VMP MORTGAGE FORMS- (800)521 7291
<br />Uni Print #100141
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />Application
<br /># 0120916788
<br />(With Future Advance Clause)
<br />0
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />March 6, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />a
<br />TRUSTOR: BILL L MOWINKEL
<br />MARY
<br />JO MOWINKEL
<br />Q)
<br />1323 MEADOW RD
<br />1323
<br />MEADOW RD
<br />Grand Island, NE
<br />68803 Grand Island, NE 68803
<br />Vesting information
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />1-3:100419M. AW
<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 Trostor'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 3 (THREE), BLOCK 1 (ONE), SUMMERFIELD ESTATES, FIRST SUBDIVISION TO THE
<br />CITY OF1GRAND, HALL COUNTY, NEBRASKA.
<br />property .. all ................... ............................... at 1323 MEADOW RD
<br />The is located in H ................... I ................
<br />....
<br />(County)
<br />Grand Island , Nebraska 68803
<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 $ 17,000.00 . 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 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) (Page I aQ
<br />1994 Banker Systems, Inc.. St. Qcud, MN (1- 800 ,397 -2341) Form RE -DT -NE 10@757 _/,/_'�� j,/� %�/ 1(
<br />®C165(NE) (9808 VMP MORTGAGE FORMS- (800)521 7291
<br />Uni Print #100141
<br />
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