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<br />State of Nebraska Space Above This Line For Recording Data
<br />Commercial Federal Bank
<br />450 Regency Pkwy, Atrium E DEED OF TRUST Application
<br />4 0121354773
<br />Oman.. NE 68114
<br />(With Future Advance Clause)
<br />14021 827 -2600 CATRINA SHUEA
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is September 27,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: MICHAEL HILL JENNIFER HILL
<br />2303 N HOWARD 2303 N HOWARD
<br />Grand Island, NE 68803 Grand Island, NE 68803
<br />Vesting Information: MICHAEL HILL ARE JENNIFER HILL, HUSBAND AND WIFE
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Tmstors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY:
<br />Commercial Federal Bank
<br />450 Regency Pkwy A -E Cons Lot
<br />Omaha. NE 68114
<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 hrstrument, Tmstor irrevocably grants,
<br />conveys and sells in Trustee, in must for the benefit of Beneficiary, with power of sale, the following described property:
<br />THE SOUTH 13.25 FEET OF LOT 14 AND ALL OF LOT 16, BLOCK 8, UNIVERSITY PLACE, IN
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall M2303 N HOWARD
<br />(County)..
<br />Grand Island , Nebraska 66803
<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 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 $ 57,741.78 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Inswment. Also, [his 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), guaromy(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 dates, etc.)
<br />Loan Number: 0121354773 Loan Amount: $57,741.78 Maturity Date: 09/20/2017
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHI.MO, FHA OR VA USE) ,i bange{��'+,,,',,,t / / / \e')
<br />O 1994 Bankers Systems, Inc., 51. cots, MN n 899397 ust Fame RE DFNE 1n27sa Mme . � ` }�
<br />= ®C165(NE) emoti) VMP MORTGAGE FORMS. RKNE21 -7291 YI-
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