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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST Application
<br /># 0121201099
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is July 23, 2002
<br />...... ...............................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />...
<br />TRUSTOR: THOMAS J SCHNEIDER KAREN K SCHNEIDER
<br />4187 NEVADA AVE 4187 NEVADA AVE
<br />Grand Island, NE 68803 Grand Island, NE 68803
<br />Vesting Information: THOMAS J SCHNEIDER AND KAREN K SCHNEIDER, AS HUSBAND AND WIFE AS JOINT TENANTS
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors,
<br />their signatures
<br />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 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 Truster's performance under this Security Instrument, Truster 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 2, ROSS HEIGHTS SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located in Hall ,,,, „,,,,,,,,,,, at 4187 NEVADA AVE
<br />(County)
<br />Grand Island Nebraska 68803
<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 $ 15, 947.82 . 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 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, room HE- FHA OR 19 USE) page
<br />p 1994 Bankers Systems, Inc., $t. Cloud, MN (1- 800.397-2341) Form RE -DT -NE 10/2]/9] �
<br />®C165(NE) (9808) VMP MORTGAGE FORMS- (B00)521J291
<br />Uni Print #100141
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