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<br />GRAND ISLAND,
<br />EALL COUNTY, NEBRASKA.
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<br />The property is located in Hall
<br />at 3112
<br />W
<br />17TH ST
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<br />3301 W ate S[r,
<br />Grand a nd, NF, 68803
<br />(308 /384'4310
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<br />State o! Nebraska Spare Abnve
<br />This Line For Recording
<br />Data
<br />DEED OF TRUST
<br />Application
<br />k 0121328264
<br />(With Future Advance Clause)
<br />9�
<br />0 Construction Security Agreement
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<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />September 16,
<br />2002
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RICHARD S BERVEN M ILYN
<br />BERVEN
<br />3112 W 17TH ST 3112
<br />W 17TH ST
<br />Grand Island, NE 68803 Grand
<br />Island, NE 68803
<br />Vesting Information: RICHARD E. BERVEN 6 MARILYN BERVEN, HUSBAND I WIFE, AS JOINT TENANTS
<br />If checked, refer to the attached Addendum incorporated herein, for
<br />additional Trustors,
<br />their
<br />signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68134
<br />BENEFICIARY:
<br />Commercial Federal Bank
<br />PO Box 1103
<br />Omaha, NE 68101
<br />2. CONVEYANCE. For good and valuable consideration, the ruccipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (defined below) and Trustor'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 11, BLOCK 1, WESTERHOFF'S SECOND SUBDIVISION,
<br />IN THE CITY
<br />OF
<br />GRAND ISLAND,
<br />EALL COUNTY, NEBRASKA.
<br />The property is located in Hall
<br />at 3112
<br />W
<br />17TH ST
<br />(County)
<br />Grand Island , Nebraska 68803
<br />_.. _ -...
<br />(Add - -, - - -__.y _... _.
<br />rcv (City) GI) .(ZIP Code)..
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights,
<br />dihHUD, and water stock and all existing and future improvements, snuctures, 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 S 20, 000.00 . This Ihrdtation 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 die terms of all promissory note(s), contract(s), guaramyod 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 float you include items such as bo]v'owers' names, note amounts, interest rates, mantriry dates, etc.)
<br />VW Return To:
<br />Commercial Federal Bank
<br />450 Regency Parkway A -E
<br />Omaha, NE 68114
<br />NEBRASKA - DEED OF TRUST net FOR FNMA, r11tMC FuA OR VA USE) (pall f
<br />© 1994 mak— Soiams,inc., So Gou6 MN(I Moo SY] -2541) Fovn REDT -NE 1W2],8]
<br />p
<br />(0.7 C165(NE) (9908) VMP MORTGAGE FORMS - (800)521 -]291
<br />Un,Pri nL. 8100141
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