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<br />DEED OF TRUST Application
<br /># 0121335780
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trost (Security Instrument) is September 19,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RAMIRO J FAZ BARBARA S FAZ
<br />2228 RIVERVIEW DRIVE 2228 RIVERVIEW DRIVE
<br />Grand Island, NE 68801 Grand Island, NE 68801
<br />vaeting Information: RAMIRO J. FAZ AND BARBARA 5. FAZ. HUSBAND AND WIFE.
<br />01f checked, refer w the attached Addendum incorporated herein, for additional Inustors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENL'FICIARY:
<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 Instrument, Tmstor 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, COUNTRY CLUB SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRli
<br />The property is located In Hall at 2228 RIVERVIEW DRIVE
<br />(County)
<br />Grand Island , Nebraska 68801
<br />(Addws) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, nil and gas rights, all water and riparian rights,
<br />ditches, and water stock and all existing and future improvements, structures, futures, 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 $ 140, 000.00 . This limitation of amount does nut include interest and other fees
<br />and charges validly made pursuant to this Security hisnunient. Also, this Ihnitation 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 at this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANC&S. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the tertus of all promissory no[e(s), comments), 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 />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dines, etc -)
<br />yut C,l
<br />Return o:
<br />Commercial Federal Bank
<br />450 Regency Parkway A -E
<br />Omaha, NE 68114
<br />NEBRASKA - DEED OF TRUST (NOT ran FNMA, dime -HA on VA used age 1 0 0
<br />© 1990. Pole.., elems Ile. 91. Cloud, MNCFW'39]'2341) Ymm NE-UT-NE 10121/91
<br />�C166(NE) exilds VMFMORTOAOEronve (8001521 -]291 npi PYin[ Y100191
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