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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 Tms'tor'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 />Legal Description on Addendum <br />The property is located in HALL <br />at 7030 N NORTH RD <br />(County) <br />Grand Island , Nebraska 68803 <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 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 $ 25, 143.19 . 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 blurred under the terms of all promissory note(s), conuacha, yuesnouy(R) 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 thar you include items such as borrowers' names, note apmrmts, interest rates, maturity dates, etc.) <br />f�jlc 21 - <br />Return To: <br />Commercial Federal Bank <br />450 Regency Parkway A -E <br />Omaha, NF, 68114 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHl FHA OR VA USE) \ (page <br />() 1994 Pankom Sat— Inc., 51. CIOUE. MN (Ies0 TV 23o) FOra REOT NE 102Vs7 <br />p65(NE) (Ross) VMP MORTGAGE FORMS aiii21 -0291 <br />or Uni Print 4100141 <br />On 9 1 Cl (i <br />m i I On D <br />N <br />C b <br />t�7 <br />�j <br />Ej m <br />n <br />a <br />N <br />rt. <br />o <br />N <br />1 <br />eJ <br />M <br />This instrument Prepared By: <br />�. <br />C <br />�� <br />Commercial Federal Bank <br />tp <br />CO <br />3301 W State Stc, <br />GO <br />Grand Island, NE 68803 <br />O <br />1, 08) 384 -4310 <br />csauDA <br />Stale of Nebraska ._ -_ Space Above <br />This Line For Recording <br />Data <br />DEED OF TRUST <br />Application <br />4 0121259782 <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />�s <br />1. DATE AND PAWFIES. The date of this Deed of Trust (Security Instrument) is <br />August 16, 2002 <br />....... ......... <br />S <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />p <br />TRUSTOR: I03NNETH A DANXERT BRENDA J DANKERT <br />7030 N NORTH RD 7030 <br />N NORTH RD <br />Grand Island, NE 68803 Grand <br />Island, NE <br />68803 <br />Vesting Information: <br />El If checked, refer to the attached Addendum incorporated herein, for <br />additional Trustors, <br />their <br />signatures 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 Tms'tor'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 />Legal Description on Addendum <br />The property is located in HALL <br />at 7030 N NORTH RD <br />(County) <br />Grand Island , Nebraska 68803 <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 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 $ 25, 143.19 . 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 blurred under the terms of all promissory note(s), conuacha, yuesnouy(R) 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 thar you include items such as borrowers' names, note apmrmts, interest rates, maturity dates, etc.) <br />f�jlc 21 - <br />Return To: <br />Commercial Federal Bank <br />450 Regency Parkway A -E <br />Omaha, NF, 68114 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHl FHA OR VA USE) \ (page <br />() 1994 Pankom Sat— Inc., 51. CIOUE. MN (Ies0 TV 23o) FOra REOT NE 102Vs7 <br />p65(NE) (Ross) VMP MORTGAGE FORMS aiii21 -0291 <br />or Uni Print 4100141 <br />