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TRUSTOR: CORBI L HONGSERMEIER <br />1023 N OAK <br />Grand Island. NE 68801 <br />Vesting Information: <br />El 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 66101 <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 FIVE (5), BLOCK THIRTY -ONE (31), OF RUSSEL WHEELER'S ADDITION TO THE CITY <br />OF GRAND ISLAND. HALL COUNTY. NEBRASKA. <br />The property is located in Hall . . .... ... .................... . . . . . . . ... . ..... at 10.2.3. N OAK <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 $ 18, 532.43 . 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) k�_ (page 1 of 4) <br />O 1994 Bankers Systems, Inc., St. Cloud, MN (1.800. 397.2341) Foram RE -DT -NE 1027197 <br />- C76 5(NE) (9808) VMP MORTGAGE FORMS- (800)521 -7291 <br />0 Uni Print #100191 <br />o <br />n <br />m CA <br />v <br />o y <br />O rl"- <br />R=1 <br />m <br />-.'� <br />.1 Rt <br />O CIi <br />O <br />CD <br />c�C�- <br />f1­0 <br />O T <br />O tW <br />)� <br />O <br />t 2 <br />rV <br />M <br />x m <br />O <br />M <br />r <br />t <br />r— X_ <br />crl ca <br />CC) <br />Cn <br />ra <br />This Instrument Prepared By: <br />Commercial Federal Bank <br />C1! <br />N <br />tV <br />3301 W State Str, <br />N <br />Grand Island, N8 68803 <br />(308) 384 -4310 <br />CSHUDA <br />.r <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />Application # <br />0121060040 <br />(With Future Advance Clause) <br />E] Construction Security Agreement <br />w <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />May 16, <br />2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />a <br />TRUSTOR: CORBI L HONGSERMEIER <br />1023 N OAK <br />Grand Island. NE 68801 <br />Vesting Information: <br />El 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 66101 <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 FIVE (5), BLOCK THIRTY -ONE (31), OF RUSSEL WHEELER'S ADDITION TO THE CITY <br />OF GRAND ISLAND. HALL COUNTY. NEBRASKA. <br />The property is located in Hall . . .... ... .................... . . . . . . . ... . ..... at 10.2.3. N OAK <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 $ 18, 532.43 . 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) k�_ (page 1 of 4) <br />O 1994 Bankers Systems, Inc., St. Cloud, MN (1.800. 397.2341) Foram RE -DT -NE 1027197 <br />- C76 5(NE) (9808) VMP MORTGAGE FORMS- (800)521 -7291 <br />0 Uni Print #100191 <br />