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DEED OF TRUST Application # 0121046999 <br />(With Future Advance Clause) <br />0 Construction Security Agreement CY <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 16, 2002 c� <br />and the parties, their addresses and tax identification numbers, if required, are as follows: \� <br />O <br />TRUSTOR: TERRY L LEITSCHUCK LINDA J LEITSCHUCK <br />2614 W DIVISION 2614 W DIVISION <br />Grand Island, NE 68803 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, Tmstor 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 TWENTY -ONE (21), BLOCK FIFTEEN (15), ASHTON PLACE, CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 2614 W DIVISION <br />(County) <br />Grand Island , Nebraska 68803 <br />.................... ............................... ............ ............I.................. .... ...............,., <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 $ 20, 525.57 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, FHIMC, FHA OR VA USE) <br />1994 Bankers Systems, Inc., St. Cloud, AN (1 -800. 397 -2341) Form RE -DT -NE 10/27/97 <br />(M- 0165(NE) (9808) VMP MORTGAGE FORMS- (800 )521.7291 <br />® Uni Print #100141 <br />CD <br />fill <br />0 <br />Z <br />= <br />z <br />m <br />2 <br />o CIO <br />M <br />D <br />N <br />= <br />o <br />O <br />O� <br />O n rr <br />N Mw <br />} <br />1 <br />rr <br />ell) <br />© <br />O �. <br />m N <br />r <br />cn COD <br />ca <br />t,3 <br />� <br />B3 <br />30. <br />This Instrument Prepared By: <br />V <br />~ v <br />to <br />O <br />Commercial Federal Bank <br />N <br />3301 W State Str, <br />an <br />Grand Island, NE 68803 <br />;. ca <br />(308) 384 -4310 <br />CSHUDA <br />State of Nebraska <br />Space Above This Line For <br />Recording Data <br />DEED OF TRUST Application # 0121046999 <br />(With Future Advance Clause) <br />0 Construction Security Agreement CY <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 16, 2002 c� <br />and the parties, their addresses and tax identification numbers, if required, are as follows: \� <br />O <br />TRUSTOR: TERRY L LEITSCHUCK LINDA J LEITSCHUCK <br />2614 W DIVISION 2614 W DIVISION <br />Grand Island, NE 68803 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, Tmstor 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 TWENTY -ONE (21), BLOCK FIFTEEN (15), ASHTON PLACE, CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 2614 W DIVISION <br />(County) <br />Grand Island , Nebraska 68803 <br />.................... ............................... ............ ............I.................. .... ...............,., <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 $ 20, 525.57 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, FHIMC, FHA OR VA USE) <br />1994 Bankers Systems, Inc., St. Cloud, AN (1 -800. 397 -2341) Form RE -DT -NE 10/27/97 <br />(M- 0165(NE) (9808) VMP MORTGAGE FORMS- (800 )521.7291 <br />® Uni Print #100141 <br />