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<br />(het. Env. ��µ 200312519
<br />Commerci ,t—r,dieraIta�e,?,�Nebraska Space Above This Line For Recording Data
<br />450 Regency Pkwy, Atrium E REAL ESTATE DEED OF TRUST Application # 0122039597
<br />Omaha, NE 68114
<br />(402) 827 -2600 (With Future Advance Clause)
<br />CATRINA M DELOSH E:1 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is September 9,
<br />2003
<br />........ ...............................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />DAVID L BOROFF PAULA K BOROFF
<br />TRUSTOR: 1039 SOUTH EUGENE 1039 SOUTH EUGENE
<br />Grand Island, NE 68801 Grand Island, NE
<br />68801
<br />Vesting Information: DAVID L BOROFF AND PAULA K BOROFF, HUSBAND AND WIFE
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors,
<br />their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE: Commercial Federal Bank
<br />13220 California St
<br />Omaha, NE 68154
<br />BENEFICIARY: 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
<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 />THE NORTH 7 FEET OF LOT 27 AND THE SOUTH 61 FEET OF LOT 18, ANDERSON SUBDIVISION,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 1.0.3.9. SOUTH EUGENE
<br />(County)
<br />Grand Island , Nebraska 68801
<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 $ 71,000.00 This limitation of amount does not include interest and other fees
<br />............. ...............................
<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. (You must specifically identify the debt(s)
<br />secured and you should include the final maturity date of such debt(s).)
<br />Loan Number: 0122039597 Loan Amount: $71,000.00 Maturity Date: 09/09/2013
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ' (page 1(((off4)
<br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99
<br />dM C465(NE) (9902) VMP MORTGAGE FORMS - (800)521 -7291
<br />UniPrint #100261
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