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<br />State of Nebraska
<br />DEED OF TRUST
<br />App ID.
<br />131497
<br />�mmercial Federal Bank
<br />450 Regency Pkwy, Atrium E (With Future Advance Clause)
<br />So
<br />Omaha, NE 68114 ❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />....... . ........
<br />....
<br />............
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: EDMUND R KERSHAW III
<br />4156 MASON AVE
<br />GRAND ISLAND NE 68803
<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 />property:
<br />LOT 5, SUNSET SIXTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in .Hall ........................ . . Coun u-a ty) , .............................. at .............. ............................... .
<br />(
<br />4156. MASQN.AVE GRAND 15LAND- „ ................. .... . N ebraska .6.880.3 . Z IP C ode ..........
<br />.......................
<br />(Address) (City)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and igtur rights,
<br />and replacement d riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures,
<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 $ . 25, 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: 2701692295 Loan Amount: 25,000.00 MaturityDate: 08/20/2015
<br />^ (page 1 of 4)
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) r
<br />f5(15Zj� 01994 Bankers Systems, Inc., St. Cloud, MN Form RE -OT -NE 113012002
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