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Ret. Env. <br />State of Nebraska Space Above This Line For Recording Data <br />Commercial Federal Bank <br />450 Regency Pkwy, Atrium E DEED OF TRUST Application # 0121841795 <br />Omaha, NE 68114 <br />(402) 827 -2600 CATRINA M DELOSH (With Future Advance Clause) <br />Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Ju .. <br />ly 7 , 2 00 3 <br />..... ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />Vesting Information: <br />BETTY A CARLSON <br />1032 N CUSTER AVE <br />Grand Island, NE 68803 <br />JAMES H CARLSON <br />1032 N CUSTER AVE <br />Grand Island, NE 68803 <br />BETTY A CARLSON AND JAMES H CARLSON, HUSBAND AND WIFE <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: <br />Commercial Federal Bank <br />450 Regency Pkwy A -E Cons Ln <br />Omaha, NE 68114 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure <br />the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, <br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />LOTS THREE (3), FOUR (4), AND FIVE (5), BLOCK NINE (9), WEST PARK ADDITION, IN <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall 1032 N CUSTER AVE <br />(County) <br />Grand Island ....................... . Nebraska 68803 <br />...................... <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, <br />ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at <br />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 $ 20,446.21 . 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 the <br />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: 0121841795 Loan Amount: $20,446.21 Maturity Date: 12/30/2013 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) _ Y41 (D 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Forth RE -DT -NE 10/27/97 - C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />® UniPrint #10 <br />7v <br />f7 <br />(1 <br />C') <br />o <br />c <br />M <br />(A <br />�;` <br />= <br />z —+ <br />a <br />�-n <br />=nv <br />�_ <br />Q <br />° <br />cm <br />M <br />N <br />•"' <br />o <br />GND <br />w <br />t. 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The date of this Deed of Trust (Security Instrument) is Ju .. <br />ly 7 , 2 00 3 <br />..... ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />Vesting Information: <br />BETTY A CARLSON <br />1032 N CUSTER AVE <br />Grand Island, NE 68803 <br />JAMES H CARLSON <br />1032 N CUSTER AVE <br />Grand Island, NE 68803 <br />BETTY A CARLSON AND JAMES H CARLSON, HUSBAND AND WIFE <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Commercial Federal Bank <br />13220 California St <br />Omaha, NE 68154 <br />BENEFICIARY: <br />Commercial Federal Bank <br />450 Regency Pkwy A -E Cons Ln <br />Omaha, NE 68114 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure <br />the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, <br />conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: <br />LOTS THREE (3), FOUR (4), AND FIVE (5), BLOCK NINE (9), WEST PARK ADDITION, IN <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall 1032 N CUSTER AVE <br />(County) <br />Grand Island ....................... . Nebraska 68803 <br />...................... <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, <br />ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at <br />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 $ 20,446.21 . 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 the <br />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: 0121841795 Loan Amount: $20,446.21 Maturity Date: 12/30/2013 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) _ Y41 (D 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Forth RE -DT -NE 10/27/97 - C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />® UniPrint #10 <br />