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<br />Federal sank
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<br />3301 W stet e. Sle,
<br />.snit T::land, NE 60003
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<br />GEUDA
<br />State of Scram" _ _ Space Above Till Line For Recording Data
<br />DFED OF TRUST Application # 012113/4/1
<br />(With Future Advance Clause)
<br />LJ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is July 9, 2002
<br />and the parties, their addresses and lax identification members, if required, are as tollows-
<br />'PRUSTOR: MICHAEL D HINKEN LISA R HINKEN
<br />624 E h1ACARTHUR AVE 624 E MACARTHUR AVE
<br />Grand Island, HE 68801 Grand Island, HE 68801
<br />vesting lnformaLion:
<br />U If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures
<br />and
<br />acknowledgments -
<br />TRIIS'1'L+E:
<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 />doe Secured Debt (defined below) and 'FEEStor's performmuce under this Security Instrument, Trusmr irrevocably grants,
<br />conveys and sells to Trustee, in trust for the bench[ of Beneficiary, with power of sale, the fallowing described property:
<br />LOT FOURTEEN (14), BLOCK ONE (1), IN MEVES FIRST ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 624 E MACAR'1'HUR AVE
<br />(County) - ....... _...
<br />Grand Island , Nebraska 68801
<br />(Address) (City) Code.
<br />(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 furore unprovements, 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 line time shall
<br />not exceed $ 18, 418.00 . 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 oat apply to advances made wader the
<br />twins of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument,
<br />#. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt' is defined as Ibllows:
<br />A- Debt incurred under rile Wr ns of all promissory note(s), cumracgs), guaranry(s) or other evidence of debt described
<br />below and all their extensions, renewals, mndifications or substitutions. (When referencing the debts below it is
<br />suggested that you include iterns such as borrowers' names, note amounts, interest rates, maturity dares, etc.)
<br />NEBRASKA - DEED OF TRUST (MOT '.a nose, Fawc, F.A on vA USE) (page 1 p/4)
<br />0 lino Sunken systems, In0. St Cloud MN a 800- 0922301) From PC DTNF 1N2/N/
<br />®' -(185 NE )n.9) VMF MORTGAGE FORMS 01 41—
<br />( ) (90m12l ->znl
<br />Uni Print #100141
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