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State of Nebraska Space Above This Line For Recording Data <br />. DEED OF TRUST Application # 0120993498 <br />(With Future Advance Clause) ).? <br />O Construction Security Agreement 0 <br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrunient) is April 16, 2002 _ <br />...... ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: e <br />STEVE R WEGENAST SARAH R WEGENAST <br />4108 DRIFTWOOD DR 4108 DRIFTWOOD DR <br />Grand Island, NE 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 />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 31, WESTWOOD PARK SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 4108 DRIFTWOOD DR <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 $ 44, 730.45 . 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) <br />0 1994 Bankers Systems, Inc., St. Cloud, MN (1. 800.397 -2341) Forth RE -DT -NE 10/27/97 <br />4= C166(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />(page 1 ) <br />UniPrint #100141 <br />M <br />n <br />� <br />c:,1 Cn <br />G7 --1 <br />o <br />jf <br />c s <br />91 <br />M <br />Z rn <br />_ <br />CD <br />M <br />—i <br />O <br />o <br />C <br />H-+ <br />� <br />O <br />-n 1 <br />co <br />N g. <br />0 <br />x rn <br />Z3 <br />� <br />O <br />M <br />3 <br />r- - <br />r- <br />Co <br />� <br />N <br />Cn <br />tC <br />This Instrument Prepared By: <br />0 <br />Cll S3 <br />Commercial Federal Bank <br />f7) <br />CD <br />co: <br />3301 W State Str, <br />C/) <br />Grand Island, NE 68803 <br />Z• <br />(308) 384 -4310 <br />O <br />CSHUDA <br />T <br />State of Nebraska Space Above This Line For Recording Data <br />. DEED OF TRUST Application # 0120993498 <br />(With Future Advance Clause) ).? <br />O Construction Security Agreement 0 <br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrunient) is April 16, 2002 _ <br />...... ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: e <br />STEVE R WEGENAST SARAH R WEGENAST <br />4108 DRIFTWOOD DR 4108 DRIFTWOOD DR <br />Grand Island, NE 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 />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 31, WESTWOOD PARK SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 4108 DRIFTWOOD DR <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 $ 44, 730.45 . 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) <br />0 1994 Bankers Systems, Inc., St. Cloud, MN (1. 800.397 -2341) Forth RE -DT -NE 10/27/97 <br />4= C166(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />(page 1 ) <br />UniPrint #100141 <br />