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<br />Thin Instrument Prepared By. t, 1 N ch
<br />Commercial Federal Bank Ca
<br />3301 W State Str,
<br />Grand I81and, NE 68803 200203407
<br />(308( 304 -4310
<br />Car=
<br />_ State or Nebraska _ Space Above This Line For R.eording Data
<br />DEED OF TRUST Application a 0120941111 l
<br />(With Future Advance Clause) q (�
<br />C Construction Security Agreement w „r,
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is March 19, 2002 \
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: FRANCIS L LUNN MARCELLA S LUHN
<br />2938 N MONITOR RD 2938 N MONITOR RD
<br />Grand Island, NE 68803 Grand Island, NE 68803
<br />Vesting Information
<br />C If checked, refer to the attached Addendum incorporated herein, for additional Tmslors, their signatures and
<br />acknowledgments.
<br />TRUSTLE:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, HE 68154
<br />BENEFICIARY:
<br />Commercial Federal Bank
<br />PO Sox 1103
<br />Omaha, NE 68101
<br />2. CONVEYANCE. For good and valuable consideration, die receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (dcOned below) and Truster's performance under this Security Instrument, Trustor irrevocably grants,
<br />corrveys and sells to Trustee, in most for the benefit of Beneficiary, with power of sale, the following described property:
<br />PART OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (SE1 /4NEI /4)
<br />OF SECTION FOUR (4), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10)
<br />WEST OF THE 6th P.M., HALL COUNTY, NEBRASKA.
<br />SCe NrlummI4
<br />The property is located in Hall_...__„ at 2938 N MONITOR RD ........ .....
<br />(County)
<br />............ ..
<br />Grand Island , Nebraska 68803
<br />(Adaw95) {chr) (zlr code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas tights, all water and riparian rights,
<br />ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements drat 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 $ 20, 069.50 . This limitation of amouut does not include interest and other fees
<br />.. ...,,....
<br />and charges validly made pursuant to this Security instrument. Also, this limitation does nut apply to advances made under the
<br />terms of this Security hrsnument 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 substimtions. (Men referencing the debts below it is
<br />.suggested that you include items such as harrowers' names, note nruounrs, interest rates, maturity dates, etc)
<br />NEBRASKA - DEED OF TRUST o+at on FRMA. 1a1 -1, run oa VA test)
<br />© 1sq<8.oOO S,emR Inc., a, CIF i, Me r sis 39/ -2341) Eo- REDTNE 101211
<br />�-C 165(NE) Face) VMP MORTGAGC FORMS (all" 1191 uni Print #100141
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