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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 />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 />rn <br />C <br />G7 uvtt <br />1 <br />O <br />a <br />y j,Z� <br />(y = <br />77fE <br />ry <br />o <br />C <br />N <br />m <br />co <br />rm <br />C <br />G. <br />( <br />m <br />f O <br />-q <br />O <br />Q <br />ry i N <br />�l = <br />N <br />, <br />1 <br />LI <br />S rri <br />w <br />y <br />\. <br />- 1 <br />O <br />rl ! <br />Rl <br />0 <br />r <br />f D <br />O <br />This Instrument Prepared Hy: <br />�1 � t--' <br />C <br />N <br />(77 <br />� <br />Commercial Federal Bank <br />v <br />p <br />=,2" <br />3301 W State Etc, <br />v <br />Grand Island, NE 68803 <br />N <br />c-n <br />O <br />(308) 384 -4310 <br />JMUELL <br />- "- <br />State of Nebraska <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 />