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01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: <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 Truutee, in trust for the benefit of Beneficiary, with.power of sale, the following described property: <br />THE WESTERLY ONE -HALF (Wl /2) OF LOTS THIRTEEN (13) AND FIFTEEN (15), IN D�-QDK <br />11, IN COLLEGE ADDITION TO WEST LAWN, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 2112 W FORREST ST <br />........................... ............................... ......... ............................... <br />(County) <br />............ ............................... > Grand Island ........................................... > Nebraska ....68803 .................. <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 $ 10,766.05 This limitation of amount does not include interest and other fees <br />.............. ............................... This limitation <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 "Secuicd Debt" 1;3 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 />> <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) age t of 4) <br />(Z) 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800.397 -2341) Forth RE -DT -NE 1027/97 <br />- C165(NE) (9808) VMP MORTGAGE FORMS - (800)521-7291 i <br />} <br />(� r) <br />- <br />_ = y <br />M N <br />Q <br />r\3 <br />D <br />cat to <br />_ -4 <br />� <br />C:) os <br />ry <br />=�-'ae <br />o <br />N <br />9 ^rt <br />O �7 <br />y <br />rn <br />r o <br />m "L <br />M <br />o <br />DW CD <br />►" 7Gl <br />ra <br />O <br />1 y <br />cn <br />This Instrument Prepared By: <br />O <br />v v <br />Commercial Federal Bank <br />col <br />O a <br />3301 W State Str, <br />( <br />Grand Island, NE 68803 <br />5 <br />(308) 384 -4310 <br />5_ <br />CSHUDA <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />Application # <br />0120976493 <br />(With Future Advance Clause) <br />"�41 <br />0 Construction Security Agreement <br />l —� <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />Apri 1 11, <br />2 0 0 2 <br />` <br />and the parties, their addresses and tax identification numbers. if required, are as follows: <br />TRUSTOR: DOUGLAS W SMITH <br />2112 W FORREST ST <br />Grand Island, NE 68803 <br />Vesting Information: <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: <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 Truutee, in trust for the benefit of Beneficiary, with.power of sale, the following described property: <br />THE WESTERLY ONE -HALF (Wl /2) OF LOTS THIRTEEN (13) AND FIFTEEN (15), IN D�-QDK <br />11, IN COLLEGE ADDITION TO WEST LAWN, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 2112 W FORREST ST <br />........................... ............................... ......... ............................... <br />(County) <br />............ ............................... > Grand Island ........................................... > Nebraska ....68803 .................. <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 $ 10,766.05 This limitation of amount does not include interest and other fees <br />.............. ............................... This limitation <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 "Secuicd Debt" 1;3 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 />> <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) age t of 4) <br />(Z) 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800.397 -2341) Forth RE -DT -NE 1027/97 <br />- C165(NE) (9808) VMP MORTGAGE FORMS - (800)521-7291 i <br />