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2 <br />m <br />3 D <br />m u+ <br />2 <br />Cl rl Z <br />P't <br />T fo <br />N <br />N <br />o —1 <br />r,o <br />�+ <br />n <br />s y� c <br />cm <br />o <br />co <br />O <br />C].. <br />C N <br />N <br />d o L <br />M <br />D m <br />° <br />Return To: <br />T � <br />'f << <br />o" <br />rT„ <br />Commercial Federal Bank <br />450 Regency Parkway A -E - pcQ <br />Omaha, NE 68114 <br />y c <br />�' <br />o <br />,_�.5._,��+r <br />o <br />`'- pp�� <br />FypsgmR, Data <br />State of Nebraska _... Liao For Returning <br />DFED OF TRUST Application 4 0121124515 <br />(With Future Advance Clause) <br />°raj <br />❑ Construction Security Agreement <br />e"L <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is July 19, 2002 <br />and We parties, their addresses and tax identification numbers, if numired, are as follows: <br />TRUSTOR: ELLIOT D SCHNEIDER JUNES SCHNEIDER <br />1018 S PINE ST 1018 S PINE ST <br />Grand Island, NE 68801 Grand Island, NE <br />68801 <br />vesting information: <br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />BENEFICIARY: <br />Commercial Federal Hank <br />13220 California St <br />Omaha, NE 68154 <br />Commercial Federal Hank <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 Sutured Debt (defined below) and 'fmstor °s perfontmnce under this Security Tramoment, Truster irrevocably grants, <br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />gxxx�xxxxxx> 11c�cXx %�AXBSXxz€s�i1X5a4�X�rX� ��' i�14��¥ �? ��i?D fL�Y�X2SiIXe+#3t#i�X#���itSk <br />xxa &xE'i�T:(Xxm1S1$IUSxAX <br />SEE ATTACHED EXHIBIT A: <br />The property is located in Hal] at 4018 OLD POTASH HWY,,,,. <br />(County) <br />Grand Island , Nebraska 68801 <br />-- lMdmss) (City) (ZIP (]UaC) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, <br />ditches, and water stack and all existing and Curare improvements, structures, fixtures, and replacements that may now, or at <br />any time in die 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 Otis Security Instrument at any one time shall <br />not exceed $ 12,000 .00 . This limitation of amount does not include interest and other fees <br />. istr <br />and charges validly made In <br />e pursuant to this Security s[nanent. Also, this limitation does not apply to advances made under the <br />terms of this Security histianreut to protect Benefmiary's security and to perform any of the covenants contained in this <br />Security lintrmnent. <br />4. SECURED DEBT AND FUTURE ADVANCES. Ti. term "Secured Debt" is defined as follows: <br />A. Debt incurred Under the terms of all promissory note(s), co trach( ), guaranry(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 />NEBRASKA - DEED OF TRUST (Not Fan FNMA, inner, FIFA OR VA USE) <br />© 1936 Bankers sy ml-, Lw., St ROWS, MN r 800-99] -2UI) Fwm FE UT NE 1 NPIW <br />®- Li65(NE) (9ais) VMVMOareAnE FORMS (8( <br />(page "af� <br />Uai Print 4100161 <br />