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<br />Grand lsiand, NE 68803
<br />(Me) 384 -4310 aF•tr ov200205910
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<br />State of Nebraska Space Above Tins Line For Recording Data
<br />DEED OF TRUST
<br />Application
<br />4 0120979075
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />Nay 6,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: LEROY G HEUPEL
<br />O
<br />2114 PARK AVE
<br />Grand Island, NE 68803
<br />Vesting Inforastion: sOLe LY
<br />If checked, refer to the attached Addendum incorporated herein, for
<br />additional
<br />Trustors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />BENEFICIARY:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, WE 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 Trusror'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 />TWENTY THREE (23)
<br />LOT EIGHTEEN (18) , IN BLOCK :z", '�'.� - OLLEGE ADDITION TO WEST LAWN, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located In ...Ball __....... at 2107 PARK AVE„
<br />(a,unly)
<br />Add Grand Island , Nebraska 68803
<br />......... d ..... ............. . _......,,,.,..... ............. .............
<br />(ress) (Clry) (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, frstures, and replacements that may row, or at
<br />any time in the future, be part of the real estate described above (all referred to as "Property").
<br />.,. MILMNIUM OBLIGATION LIMIT. The tout principal ameuut secured by Thus Sccuriiy hams scut at any one time sit"
<br />not exceed $ 20, 000.00 . This limitation of amount does not include interest add other fees
<br />.. idly .. de pursuant ant i ...... Security . y Ins r
<br />and charges validly made pursuant m this Security Instrument. Also, this limitation does not apply to advances mile under the
<br />terms of [his 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), comract(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' nrunes, note Annul interest rates, maturity dates, etc.)
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA FRrmc. Fix OR AA USE( �ti (page 1 d4)
<br />(D 19C34L'Benurm Systems, Ind Cloud MN N ex 397 ?340 F— FE -OT NE 1N95r �
<br />®' ii....`NE) (9000) AMP MORTGAGE FORMS- (800)SRt -]R91 Uni Print p100141
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