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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST Application # 0121059059
<br />`({Vjth Future Advance Clause)
<br />Construction Security Agreement
<br />N.1
<br />1. DATE AND PARTIES. The date of this Deed of Trost (Security Instrument) is May 16, 2002
<br />and the parties, their addresses and tax Identification numbers, if required, are as follows:
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<br />TRUSTOR: BLAKE S GRIFFIN
<br />118 EAST 10TH
<br />Grand Island, NE 68801
<br />vesting rnfozmation:
<br />Ex I If checked, refer to the attached Addendum incorporated herein, for additional Tneilors, their signatures
<br />and
<br />acknowledgments.
<br />** Other property owners - not borrowers are listed on Addendum
<br />TRUSTEE:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, HE 68154
<br />BENEFICIARY:
<br />Commercial Federal Bank
<br />PO Box 1103
<br />Omaha, BE 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 Tersthr's performance under this Security Instrument, Tmstor irrevocably grants,
<br />conveys and sells to 'Trustee, in most for the benefit of Beneficiary, with power (if sale, the following described property:
<br />Rw %.S,
<br />LOT NINE (9), BLOCK 'TWENTY -EIGHT (28), WHEELER ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 118 EAST 10TH
<br />(Canary) _ ................
<br />Grand Island , Nebraska 68801
<br />(Addo,,) (City) (LIP Cadc)
<br />Together with all rights, easements, appurtenances, royalties, numeral 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 pan 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 $ 7, 239.00 . This limitation of amount does not include interest and other fees
<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 teuhhs 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 if nt you include items such as borrowers' names, note amounts, interest rates, a n ante dates, etc.)
<br />NEBRASKA - DEED OF TRUST (Not Eon ENMA, retwc, run on vn use) brags 1MMI f4) X
<br />© 1994 BankeR Sy lem6lnc.. SI. Cloud, MN (1 80I 39] 2341) form FEnT NE 1N2r oa I
<br />M- C165(NE) osoa) VMPMOn1GAGt FUmVe (a00)521d291
<br />® un;.Ptlnt #10014
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