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A <br />This Instrument Prepared By: <br />Commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />CSHUDA <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0121038848 <br />(With Future Advance Clause) <br />D Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 10 , 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: o <br />TRUSTOR: GAIL K LEMUNYAN <br />4264 MANCHESTER ROAD <br />Grand Island, NE 68803 <br />Vesting Information: SOLELY <br />D 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 SIXTY -FIVE (65), LE HEIGHTS FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 4264 MANCHESTER ROAD <br />• (County) <br />.............. ............................... ..Grand. .s l . and ....................... Nebraska 68803 <br />....... . .. .... <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. MAXEWUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 28,777.64 . This limitation of amount does not include interest and other fees <br />and charges validly m­ ade 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 />a <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) go 1 of 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 <br />40 - CI65(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />UniPrint #100141 <br />c <br />X <br />> <br />w <br />�}, <br />M <br />o <br />cn <br />- M <br />• <br />c� C-0 <br />J�j <br />= rn <br />N <br />c <br />na) <br />o 2 <br />kA <br />Cl <br />�. <br />r <br />r <br />go-me <br />cn � <br />1.4 <br />F-A C40 <br />W <br />._. <br />s <br />€ <br />1—� <br />Ln CD <br />QM <br />• <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0121038848 <br />(With Future Advance Clause) <br />D Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 10 , 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: o <br />TRUSTOR: GAIL K LEMUNYAN <br />4264 MANCHESTER ROAD <br />Grand Island, NE 68803 <br />Vesting Information: SOLELY <br />D 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 SIXTY -FIVE (65), LE HEIGHTS FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 4264 MANCHESTER ROAD <br />• (County) <br />.............. ............................... ..Grand. .s l . and ....................... Nebraska 68803 <br />....... . .. .... <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. MAXEWUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 28,777.64 . This limitation of amount does not include interest and other fees <br />and charges validly m­ ade 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 />a <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) go 1 of 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 <br />40 - CI65(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />UniPrint #100141 <br />