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DEED OF TRUST Application # 0120952288 <br />(With Future Advance Clause) p � <br />D Construction Security Agreement 7�' <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 1, 2002 p <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: OTTO R MOLINA ELIZABETH MOLINA <br />316 E 13TH ST 316 E 13TH ST <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />VZily 004 <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 EIGHT (8), WHEELER & BENNETT 2ND ADDITION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall at 316 E 13TH ST <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 S 10,127.50 . 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 tern "Secured Debt" is defined as follows: <br />A. Debt incurred under the terns 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., St. Cloud, MN (1.800 - 3974341) Fonn RE-DT-NE 10127/97 <br />®- C165(NE) (9808) VMP MORTGAGE FORMS- (800)521 -7291 <br />OD <br />am ENV <br />UniPrint #100141 <br />2 <br />D <br />Fri <br />O <br />C <br />z <br />rl-0 O —i <br />This Instrument Prepared By: <br />Commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />0 <br />57� <br />JMUELL <br />-G O <br />State of Nebraska <br />CD <br />DEED OF TRUST Application # 0120952288 <br />(With Future Advance Clause) p � <br />D Construction Security Agreement 7�' <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 1, 2002 p <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: OTTO R MOLINA ELIZABETH MOLINA <br />316 E 13TH ST 316 E 13TH ST <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />VZily 004 <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 EIGHT (8), WHEELER & BENNETT 2ND ADDITION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall at 316 E 13TH ST <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 S 10,127.50 . 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 tern "Secured Debt" is defined as follows: <br />A. Debt incurred under the terns 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., St. Cloud, MN (1.800 - 3974341) Fonn RE-DT-NE 10127/97 <br />®- C165(NE) (9808) VMP MORTGAGE FORMS- (800)521 -7291 <br />OD <br />am ENV <br />UniPrint #100141 <br />T T <br />I, <br />O <br />C <br />to <br />rl-0 O —i <br />m <br />0 <br />57� <br />-G O <br />CD <br />C �1 <br />p <br />m <br />T 2 <br />fV <br />CS <br />m <br />o <br />N CM <br />--3 <br />cr <br />1 <br />n <br />rn <br />M <br />CD <br />c <br />O <br />• <br />Space Above This Line For Recording Data <br />' °- <br />DEED OF TRUST Application # 0120952288 <br />(With Future Advance Clause) p � <br />D Construction Security Agreement 7�' <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 1, 2002 p <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: OTTO R MOLINA ELIZABETH MOLINA <br />316 E 13TH ST 316 E 13TH ST <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />VZily 004 <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 EIGHT (8), WHEELER & BENNETT 2ND ADDITION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in Hall at 316 E 13TH ST <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 S 10,127.50 . 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 tern "Secured Debt" is defined as follows: <br />A. Debt incurred under the terns 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., St. Cloud, MN (1.800 - 3974341) Fonn RE-DT-NE 10127/97 <br />®- C165(NE) (9808) VMP MORTGAGE FORMS- (800)521 -7291 <br />OD <br />am ENV <br />UniPrint #100141 <br />