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<br />This Instrument Prepared By:
<br />Commercial Federal mark
<br />3301 W State Sir,
<br />Grand Island, NE 68803
<br />(308) 384 -4310
<br />TSEIDE
<br />State or Nebraska Space Above Tide Line For Recording Data
<br />DEED OF TRUST Application k 0121277602
<br />(With Future Advance Clause)
<br />LJ Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 23, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: DUANE P VERSAW MYRA L VERSAW
<br />4196 MASON AVE 4196 MASON AVE
<br />Grand Island, NE 68803 Grand Island, NE 68803
<br />Vesting Information: DUANE P VERSAW AND MYRA L VERSAW, HUSBAND AND WIFE
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<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures 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 Tmstor'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 />LOT 1, SUNSET SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />The properly is located on Hall at 4196 MASON AVE
<br />(Couory)
<br />Grand Island , Nebraska 68803
<br />(Address) (Ctry) (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 as as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 28, 000.00 . This limitation of amount does not include interest and other fees
<br />..idly made pursuant h_ ..n...
<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 in 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 />yn`��W,,, below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />/ —V'
<br />ch as borrowers' nnmes, note amounts, interest rates, maturity dates, etc.)
<br />Return To:
<br />Commercial Federal Bank
<br />450 Regency Parkway A -E
<br />Omaha, NE 68114
<br />NEBRASKA - DEED OF TRUST mot FOR FNMA FmUaC, ran oR VA USE) - , (page 1 of
<br />0 1994 Bencem Systems, Inc., St come MN n so 39] 2341) Few RE'or'NE IMW97 ,�
<br />40 C165(NE) )sim) VMP MORTGAGE FORMS(Slies1.7291 URi Print k100141
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<br />State or Nebraska Space Above Tide Line For Recording Data
<br />DEED OF TRUST Application k 0121277602
<br />(With Future Advance Clause)
<br />LJ Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 23, 2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: DUANE P VERSAW MYRA L VERSAW
<br />4196 MASON AVE 4196 MASON AVE
<br />Grand Island, NE 68803 Grand Island, NE 68803
<br />Vesting Information: DUANE P VERSAW AND MYRA L VERSAW, HUSBAND AND WIFE
<br />0
<br />N lT1
<br />O�
<br />O e9
<br />N n'
<br />rD �
<br />H
<br />LD
<br />Z
<br />O
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures 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 Tmstor'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 />LOT 1, SUNSET SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />The properly is located on Hall at 4196 MASON AVE
<br />(Couory)
<br />Grand Island , Nebraska 68803
<br />(Address) (Ctry) (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 as as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 28, 000.00 . This limitation of amount does not include interest and other fees
<br />..idly made pursuant h_ ..n...
<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 in 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 />yn`��W,,, below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />/ —V'
<br />ch as borrowers' nnmes, note amounts, interest rates, maturity dates, etc.)
<br />Return To:
<br />Commercial Federal Bank
<br />450 Regency Parkway A -E
<br />Omaha, NE 68114
<br />NEBRASKA - DEED OF TRUST mot FOR FNMA FmUaC, ran oR VA USE) - , (page 1 of
<br />0 1994 Bencem Systems, Inc., St come MN n so 39] 2341) Few RE'or'NE IMW97 ,�
<br />40 C165(NE) )sim) VMP MORTGAGE FORMS(Slies1.7291 URi Print k100141
<br />
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