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N m Crl MI Q 2 M n X M -n C no a CA r=n cnr► n = 7C 1 a d fTl _T1 I r1 (jl- Fr1 fT'1 200504109 � rm1 -T, co r1 N V� b GJ W Cn U7 ry r1l 1 Cfl 0 CJ C.D z State of Nebraska Space Above This Line For Recording Data Q u- ommerciat Federal Bank REAL ESTATE DEED OF TRUST App ID. 80979 450 Regency Pkwy, Atrium E (With Future Advance Clause) Omaha, NE 68114 ❑ Construction Security Agreement ❑ Master form recorded by ............................. L. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................ 04./.21./.20.0.5 ... _ .......... . and the parties, their addresses and tax identification numbers, if required, are as follows: TRUSTOR: TODD D GALLION COLLEEN C GALLION 2535 DEL MONTE AVE 2535 DEL MONTE AVE GRAND ISLAND, NE 68803 GRAND ISLAND, NE 68803 Vesting Information: HUSBAND AND WIFE ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: Commercial Federal Bank 13220 California Street Omaha, NE 68154 BENEFICIARY: Commercial Federal Bank PO Box 1103 Omaha, NE 68101 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described pro��ery: LOT ONE (1) IN BLOCK ONE HUNDRED TWENTY- EIGHT(128) OF KOENIG AND WIEBE'S ADDITION TO GRAND ISLAND, HALL COUNTY, NEBRASKA The property is located in ........... I......l .................... ............................... at ..... ............................... I......... (County) 605 W KOENIG Grand Island Nebraska 68801 ........................... ............................... . ..................... ............................... N (Address) (City) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property "). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed $ .79:000:00 ..... . . . . . . . . . This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s) secured and you should include the final maturity date of such debt(s).) Loan Number: 2701543526 Loan Amount: 79,000.00 MaturityDate: 04/21/2015 NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page )4) L-r " O 1994 Bankers Systems, Inc., St. Cloud, NIN Form OCP- REDT -NE 1/31/2003