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State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST Application 4 0121281885 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 26, 2002 <br />............. ............................... <br />and the parties, their addresses and fax identification numbers, if required, are as follows: <br />TRUSTOR: SCOTT E PIERCE <br />101 W CEDAR ST PO BOX 401 <br />Doniphan, NE 68832 <br />Vesting Information: SCOTT E PIERCE <br />c r_� <br />N al <br />o exi <br />o ch <br />N fns <br />O <br />cn ra <br />CID (�p <br />GJl <br />If checked, refer to the attached Addendum incorporated herein, for additional Ttnstors, 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 Trustor's performance under this Security histrument, 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 />THE EAST 20 FEET OF THE NORTH 45 FEET OF LOT 2 AND THE NORTH 45 FEET OF LOT 1, <br />BLOCK 6, DONIPHAN VILLIAGE, IN THE CITY OF DONIPHAN, HALL COUNTY, NEBRASKA <br />The property is located in Hall <br />(County) <br />at 101 W CEDAR ST PO BOX 401 <br />_. _... _._ _. _..... Doniphan... Nebraska 68832 <br />(Ad4re9s) (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 part 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 $ 8, 150 .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 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 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. (When referencing the debts below it is <br />sueeested rhar vnu inrhNa iramr curh as borrowers' names, note amounts, interest runs, maturity dates, etc.) <br />4� Return To: <br />Commercial Federal Bank <br />450 Regency Parkway A -E <br />Omaha, NE 68114 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLME, FHA OR VA USP) (page r or 4) <br />0 19N Sankem Systems, Inc., 51. meta, MN N 800397�2341) Fen 8Eor NE 1012]5] <br />(W- Cl65(NE) (Ross VMP MORTGAGE FORMS (800)5217291 <br />le <br />P <br />1� <br />r <br />This Instrument Prepared By: <br />i <br />i <br />( <br />H <br />N <br />Commercial Federal Bank <br />3301 W stale art, <br />Grand Inland, NE 68803 <br />N <br />r/1 <br />(308) 384 -4310 <br />(n <br />TSEIOE <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST Application 4 0121281885 <br />(With Future Advance Clause) <br />Construction Security Agreement <br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 26, 2002 <br />............. ............................... <br />and the parties, their addresses and fax identification numbers, if required, are as follows: <br />TRUSTOR: SCOTT E PIERCE <br />101 W CEDAR ST PO BOX 401 <br />Doniphan, NE 68832 <br />Vesting Information: SCOTT E PIERCE <br />c r_� <br />N al <br />o exi <br />o ch <br />N fns <br />O <br />cn ra <br />CID (�p <br />GJl <br />If checked, refer to the attached Addendum incorporated herein, for additional Ttnstors, 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 Trustor's performance under this Security histrument, 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 />THE EAST 20 FEET OF THE NORTH 45 FEET OF LOT 2 AND THE NORTH 45 FEET OF LOT 1, <br />BLOCK 6, DONIPHAN VILLIAGE, IN THE CITY OF DONIPHAN, HALL COUNTY, NEBRASKA <br />The property is located in Hall <br />(County) <br />at 101 W CEDAR ST PO BOX 401 <br />_. _... _._ _. _..... Doniphan... Nebraska 68832 <br />(Ad4re9s) (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 part 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 $ 8, 150 .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 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 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. (When referencing the debts below it is <br />sueeested rhar vnu inrhNa iramr curh as borrowers' names, note amounts, interest runs, maturity dates, etc.) <br />4� Return To: <br />Commercial Federal Bank <br />450 Regency Parkway A -E <br />Omaha, NE 68114 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLME, FHA OR VA USP) (page r or 4) <br />0 19N Sankem Systems, Inc., 51. meta, MN N 800397�2341) Fen 8Eor NE 1012]5] <br />(W- Cl65(NE) (Ross VMP MORTGAGE FORMS (800)5217291 <br />le <br />