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<br />Commercial Federal Bank
<br />450 Regency Parkway A -E o
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<br />Omaha, NE 68114
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<br />Slate of Nebraska 9yace Above This Line For RecoatiAg Data
<br />DEED OF TRUST Application # 0121124515
<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 19, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ELLIOT D SCHNEIDER JUNES SCHNEIDER
<br />1016 S PINE ST 1018 S PINE ST
<br />Grand Island, NE 68801 Grand Island, NE 68801
<br />Vesting IIlf —YdL ion+
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUS'T'EE:
<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 Dcbt (defined below) and Trustor'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 />PT LOT 1 100' X 185.49' PLUS LOT 2, PONTIOUS SUBDIVISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The property ix located in Hall_....... .,.,, at 4018 OLD POTASH HWY,,,,,,,
<br />(County)
<br />.......................
<br />Grand Island , Nebraska 68801
<br />(Address) (city) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, nwreral 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 amomrt secured by this Security Instrument at any one [bile shall
<br />not exceed .$ 12, 000.00 .'this limitation of amount does not include interest and other fees
<br />__m d. p xtr
<br />and charges validly made pursuant to this Security Iswment. 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 hi this
<br />Security tnstmment.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt' is defined as follows:
<br />A. Debt incurred under the meths of all promissory note(s), contract(s), guaranty(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 items such as borrowers' names, nose arrmmus, interest rates, maturity dates, etc.)
<br />NEBRASKA - DEED OF TRUST )NOY FOR FNMA, rRLMC, FRA on vA usF) ( pafge 1'-�Qj
<br />©r.,Bnk0R 5,MMm.In,,51. o"or MN O FMMin"ine I.- RE -0TFIE m2197
<br />(0- n165(NE) (..a) VMF MORTGAGE FORMS- (500)521 -0251 Vni Pii ➢L 0100141
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