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m <br />n r) <br />am 31 <br />v <br />O <br />C <br />n�z <br />n so <br />�, <br />m <br />m N L7 <br />x <br />Ei <br />r <br />Cc <br />(^ <br />) <br />N <br />p <br />IT <br />c=i <br />CA <br />x <br />O <br />fn e, <br />D M Ci <br />i y` <br />State ot'Nebraska space Above This Line For Recording <br />Commercial Federal Bank <br />Data <br />CD <br />450 Regency Pkwy, Atrium E DEED OF TRUST Application <br /># 0121353643 - <br />Pull NE 68114 <br />(with Future Advance Clause) <br />(40 2) 827 -2600 CATRINA SHUDA <br />0 <br />Construction Security Agreement <br />"F <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is September 28, <br />2002 <br />°S <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />c' <br />TRUSTOR: JULIE A JEPSON RANDALL JEPSON <br />1107 E OKLAHOMA AVE 1107 E OKLAHOMA AVE <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information RANDALL JEPSON AND JULIE A. JEPSON, HUSBAND AND WIFE <br />If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, 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 />450 Regency Pkwy A -E Cons Ln <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 Truster'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 6, VALLEY VIEW THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in Hall at 1107 E OKLAHOMA AVE <br />(County) <br />Grand Island , Nebraska 68801 <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 furore improvements, structures, fixtures, and replacements that may now, or at <br />any time in the forme, 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 $ 13,000.00 . This limitation of amount does not include interest and other fees <br />.............. ............................... <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), guaranyl or other evidence of debt described <br />below and all their extensions, renewals, modifications or substimtions. (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: 0121353643 Loan Amount: $13,000.00 Maturity Date: 04/15/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHUen, F E I 19 usE1 (page t p/q <br />© IBB4 Banke59yslemSi lnC. 6L CIOUG, MN (1 e99 99h264n Form RE -0FNE IN2]l9] �� <br />- C165(NE) <br />196681 VMP MORTGAGE FORMS y80al1291 <br />Uni PZint #100141 <br />