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This Instrument Prepared By:
<br />Commercial Federal flank
<br />3301 W State St.,
<br />Grand rsland, NE 58803
<br />(30a) 384 -4310
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<br />State of Nebraska Spore Above This Line For RaordLly Data -4
<br />REAL ESTATE DEED OF TRUST Application 4 0121176309
<br />(With Forme Advance Clause)
<br />El Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trost (Security Instrument) is July 31, 2002
<br />and the parties, their addresses and [ax identification numbers, if required, are as follows:
<br />WILLIAM D RODENBAUGH EIDTH E RODENBAUGH
<br />TRUSTOR: 411 E 13TH ST 411 E 13TH ST
<br />Grand Island. WE 68801 Grand Island. NE 68801
<br />Vesting Information.
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowludbmlcnts.
<br />TRUSTEE: Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY: Commercial Federal Bank
<br />PO Box 1103
<br />Omaha, WE 68101
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which i6 acknowledged, and to
<br />secure the Seemed Debt (defined below) and Trustoi s performance under this Security Instrument, Truster 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 THREE (3), IN BLOCK SIXTY -FOUR (64), WHEELER & BENNETTS SECOND ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 411 E 13TH ST
<br />(County)
<br />,Grand Island , Nebraska 68801
<br />...,,,._ ........ ... ......... ...... ..... ........ ..._ ......... ... .............
<br />(Addmss) (City) (Z1P CrAe)
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian right,
<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 on as 'Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security hhstrument at arty one time shall
<br />not exceed $ 45,000-00 . 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 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), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debts)
<br />secured and you should include the final maturity date of such debt(s).)
<br />NEBRASKA - NOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT For FNMA, FHLMO, FHA OR VA USE) j� (page}pl4 l
<br />© 199<Bankers 6y9ams. Imo.. 91. Cloud MN Fo,m OCPAEnANE 1/13/86 'PsJK-
<br />(M C465(NE) (9m02) VMP MORTGAGE FORMS- (800)5211291
<br />❑niPrint #100261
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