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<br />State of Nebras W Space Abov rus Late For Rerording Data
<br />DEED OF TRUST
<br />Application
<br />4 0121211569
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />July 24, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ELIZABETH ANN WOOD
<br />411 W 16TH
<br />Grand Island, HE 68801
<br />Vesting InformaLiun ELIrkSETH ANN W00D, A SINGLE PERSON
<br />ff checked, refer to the attached Addendum incorporated herein, for
<br />additional Truslors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<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 />the Secured Debt (defined below) and Tmslor's performance under this Security Instrument, Tmstor irrevocably grants,
<br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, die following described property:
<br />LOT THREE (3), IN BLOCK FOUR (4), IN PARK PLACE ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located In Hall at 411 W 16TH
<br />(Carty)
<br />Grand Island , Nebraska 68801
<br />_.- _..
<br />(Amres) (wry) (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 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 $ 14,000-00 ,'Phis limitation of amount does not include interest and other tees
<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 it UTURE ADVANCES. The tern "Secured Debt' is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), conoubs), 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 FNMX Fillet. FRA OR VA USE)
<br />© lan a-k— Systems, 100., sL LIICW MN (I 8W397 2341) F RE an NE 101957
<br />(M- C165(NE) (980P) VMP MORTGAGE FORMS- I8001RI 7291
<br />// Wne1of4)
<br />uni Print #100141
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