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TRUSTOR: DONALD L ARRANTS MARILYN D ARRANTS <br />2203 RUE DE COLLEGE 2203 RUE DE COLLEGE <br />GRAND ISLAND, NE 68803 GRAND ISLAND, NE 68803 <br />Vesting Information: HUSBAND AND WIFE <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Commercial Federal Bank <br />13220 California Street <br />Omaha, NE 68154 <br />BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT 7, BLOCK 6, CONTINENTAL GARDENS AMENDED, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />Theproperty is located in . Hall ............................... ............................... at ............... ............................... <br />(County) <br />2203, RUE. DE. COLLEGE ............... GRAND ISLAND........ I ............... I . Nebraska ebraska .6$803 .............. <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at 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 $ .10, 000; 00 .. . ............... . .... . . . . . . . . . . . . . . . This limitation 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 <br />the 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), 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 dates, etc.) <br />Loan Number: 2701518125 Loan Amount: 10,000.00 MaturityDate: 04/17/2010 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />ED(15 M ©1994 Bankers Systems, Inc., St, Cloud, MN Form RE -DT -NE 1130/2002 <br />rn <br />N � <br />rn > r -1 <br />}. <br />7 <br />C:D <br />Wwllr -117 <br />-r1 <br />CID <br />r T'1 <br />r 1 <br />Sa <br />I <br />-- _ <br />200503380 <br />C Cn <br />State of Nebraska <br />UA <br />Space Above This Line For <br />Recording Data <br />z <br />Commercial Federal Bank <br />DEED OF TRUST <br />App ID. <br />80452 <br />450 Regency Pkwy, Atrium E <br />(With Future Advance Clause) <br />Sd <br />Omaha, NE 68114 <br />❑ Construction Security Agreement <br />❑ Master form recorded by ............................. <br />1. DATE AND PARTIES. The <br />date of this Deed of Trust (Security Instrument) is <br />................ <br />04/06/2005, . . . <br />. _ . . . . . . . . . . <br />and the parties, their addresses <br />and tax identification numbers, if required, are as follows: <br />TRUSTOR: DONALD L ARRANTS MARILYN D ARRANTS <br />2203 RUE DE COLLEGE 2203 RUE DE COLLEGE <br />GRAND ISLAND, NE 68803 GRAND ISLAND, NE 68803 <br />Vesting Information: HUSBAND AND WIFE <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Commercial Federal Bank <br />13220 California Street <br />Omaha, NE 68154 <br />BENEFICIARY: 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 <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT 7, BLOCK 6, CONTINENTAL GARDENS AMENDED, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />Theproperty is located in . Hall ............................... ............................... at ............... ............................... <br />(County) <br />2203, RUE. DE. COLLEGE ............... GRAND ISLAND........ I ............... I . Nebraska ebraska .6$803 .............. <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at 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 $ .10, 000; 00 .. . ............... . .... . . . . . . . . . . . . . . . This limitation 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 <br />the 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), 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 dates, etc.) <br />Loan Number: 2701518125 Loan Amount: 10,000.00 MaturityDate: 04/17/2010 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />ED(15 M ©1994 Bankers Systems, Inc., St, Cloud, MN Form RE -DT -NE 1130/2002 <br />