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TRUSTOR: Michael C Nelsen <br />1223 W 6TH ST <br />GRAND ISLAND, NE 68801 <br />Vesting Information: A SINGLE PERSON <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 />ro erty <br />�HpE NORTHERLY SIXTY -SIX (66) FEET OF LOT FIVE (5) IN BLOCK NINTEEN (19) WALLICH'S ADDITION <br />TO THE CITY OF GRAND ISLAND HALL COUNTY NEBRASKA. <br />Theproperty is located in . Hall ............................... ............................... at .............................................. <br />(County) <br />..1.2.23.W. 6TH ST 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 <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 $ .2.5,000:00 . . . . .. . . .. . ... . . 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(ies) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the <br />debt(s) secured and you should include the final maturity date of such debt(s).) <br />Loan Number: 2701519384 Loan Amount: 25,000.00 MaturityDate: 04/06/2015 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />EJ� C 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REOT -NE 1/31/2003 <br />o "4 <br />rt. <br />__j <br />CZ) <br />CD <br />yr <br />rV <br />v -ter <br />4 <br />- <br />Cl) <br />� <br />V) <br />.rte■ <br />�' <br />cx� <br />� <br />cO <br />State of Nebraska�� _.._ Space Above This Line For Recording <br />Data <br />_Uorrimercial Federal Bank •� REAL ESTATE DEED OF TRUST App <br />ID. <br />80418 <br />450 Regency Pkwy, Atrium E (With Future Advance Clause) <br />1:� <br />Omaha, NE 6$114 ,-� ❑ Construction Security Agreement <br />.0 Master form recorded by ............................. <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................ <br />04 /06/2005................ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: Michael C Nelsen <br />1223 W 6TH ST <br />GRAND ISLAND, NE 68801 <br />Vesting Information: A SINGLE PERSON <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 />ro erty <br />�HpE NORTHERLY SIXTY -SIX (66) FEET OF LOT FIVE (5) IN BLOCK NINTEEN (19) WALLICH'S ADDITION <br />TO THE CITY OF GRAND ISLAND HALL COUNTY NEBRASKA. <br />Theproperty is located in . Hall ............................... ............................... at .............................................. <br />(County) <br />..1.2.23.W. 6TH ST 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 <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 $ .2.5,000:00 . . . . .. . . .. . ... . . 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(ies) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the <br />debt(s) secured and you should include the final maturity date of such debt(s).) <br />Loan Number: 2701519384 Loan Amount: 25,000.00 MaturityDate: 04/06/2015 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />EJ� C 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REOT -NE 1/31/2003 <br />