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State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST Application # 0121308548
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is September 6, 2002
<br />. ........ ...............................
<br />snot the parties, their addresses and tux identification numbers, if required, are as follows:
<br />STEVE A GRUBBS ARLENE A GRUBBS
<br />TRUSTOR: 2008 N SHERIDAN 2008 N SHERIDAN
<br />Grand Island, NE 68803 Grand Island, NE 68803
<br />Vesting Information: STEVEN A. NRORBS Am ARLENE A. CAUSES, HUSBAND AND WIFE.
<br />U If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY: 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
<br />secure the Secured Debt (defined below) and Trustor'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 />ALL OF LOT 11 AND NORTH 8.25' OF LOT 13, BLOCK 20, UNIVERSITY PLACE, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall
<br />at 2008 N SHERIDAN
<br />(County)
<br />Grand Island , Nebraska 68803
<br />(AddrcsS) (Clty) CLIP 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 $ 20, 000.00 . This limitation of amount does not include merest and other fees
<br />and charges validly made pursuant to this Security Instrument. ANN, 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 debt(s)
<br />secured urulyou should include the final nmdurifv date of such deht(s).)
<br />RA"re To V
<br />Commercial Federal Bank
<br />450 Regency Parkway A -E
<br />Omaha, NE 68114
<br />NEBRASKA - HOME EOUfTY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FNese, FHA of VA USE) (pa9
<br />1990 Rank — Syolamu Inc, St Cloud MN Fmm OLRBEDUNE 1/19/99
<br />(M D46.r1(NE) (99021 VMPMORIOAOE FORMS (amS5217291
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<br />Gravel Island, NE 68903
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<br />(398) 3R4 -7310
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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST Application # 0121308548
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is September 6, 2002
<br />. ........ ...............................
<br />snot the parties, their addresses and tux identification numbers, if required, are as follows:
<br />STEVE A GRUBBS ARLENE A GRUBBS
<br />TRUSTOR: 2008 N SHERIDAN 2008 N SHERIDAN
<br />Grand Island, NE 68803 Grand Island, NE 68803
<br />Vesting Information: STEVEN A. NRORBS Am ARLENE A. CAUSES, HUSBAND AND WIFE.
<br />U If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY: 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
<br />secure the Secured Debt (defined below) and Trustor'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 />ALL OF LOT 11 AND NORTH 8.25' OF LOT 13, BLOCK 20, UNIVERSITY PLACE, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall
<br />at 2008 N SHERIDAN
<br />(County)
<br />Grand Island , Nebraska 68803
<br />(AddrcsS) (Clty) CLIP 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 $ 20, 000.00 . This limitation of amount does not include merest and other fees
<br />and charges validly made pursuant to this Security Instrument. ANN, 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 debt(s)
<br />secured urulyou should include the final nmdurifv date of such deht(s).)
<br />RA"re To V
<br />Commercial Federal Bank
<br />450 Regency Parkway A -E
<br />Omaha, NE 68114
<br />NEBRASKA - HOME EOUfTY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FNese, FHA of VA USE) (pa9
<br />1990 Rank — Syolamu Inc, St Cloud MN Fmm OLRBEDUNE 1/19/99
<br />(M D46.r1(NE) (99021 VMPMORIOAOE FORMS (amS5217291
<br />Uni Print #{ .OSRh
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