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Vesting Information: SOLELY <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT ELGHT (8), FONNER VIEW SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 1032 S CHERRY <br />(County) <br />Grand Island , Nebraska 68801 <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 $ 57, 000.00 . 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 <br />the 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), guarany(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s) <br />secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA Use) (page t of4) <br />Ci 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1113199 kML,Un!,�` <br />®•C465(NE) (9902) VMP MORTGAGE FORMS- (800)521 -]291 <br />kti.. m <br />nn <br />T <br />m (A <br />v <br />M to (rr <br />o <br />n = <br />C.7 <br />," <br />• • <br />z-4 <br />—1 M <br />CID <br />� <br />rn <br />� <br />_ <br />G <br />O <br />CD <br />L'i <br />zCt_ <br />c7 cam. <br />N <br />p <br />N <br />t "n <br />C7) <br />^�+ <br />r r- <br />� <br />This Instrument Prepared Hy: <br />! <br />cn @ <br />F~-` <br />07 <br />Commercial Federal Bank <br />I <br />r� <br />` <br />)y <br />CTI <br />. <br />CID <br />3301 W State Str, <br />Grand Island, NE 68803 <br />J <br />(308) 384 -4310 <br />Cn <br />Z <br />TSEIDE <br />0 <br />State of Nebraska Space Above This Line For Recording <br />Data <br />Application <br /># 0121118418 <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is June <br />. ................. <br />13, 2.002 . <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />C3 <br />ANITA M MASON <br />TRUSTOR: 1032 S CHERRY <br />Grand Island. NE 68801 <br />Vesting Information: SOLELY <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT ELGHT (8), FONNER VIEW SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 1032 S CHERRY <br />(County) <br />Grand Island , Nebraska 68801 <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 $ 57, 000.00 . 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 <br />the 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), guarany(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s) <br />secured and you should include the final maturity date of such debt(s).) <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA Use) (page t of4) <br />Ci 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1113199 kML,Un!,�` <br />®•C465(NE) (9902) VMP MORTGAGE FORMS- (800)521 -]291 <br />