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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ............... J. w:m~o.o~................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />State of Nebraska
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<br />Commercial Federal Bank Ret Env
<br />45Q. Reg~nCYl?kWY~iU'\. E . ..
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<br />App 10.
<br />
<br />TRUSTOR: Michael V Hill
<br />2303 N Howard
<br />Grand Island, NE 68803
<br />
<br />Jennifer 0 Hill
<br />2303 N Howard
<br />Grand Island, NE 68803
<br />
<br />Vesting Information: HUSBAND AND WIFE
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<br />o If checked, refer to the attached Addendum
<br />acknowledgments.
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<br />185548
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<br />incorporated herein, for additional Trustors, their signatures and
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<br />TRUSTEE: Commercial Federal Bank
<br />13220 California Street
<br />Omaha, NE 68154
<br />
<br />BENEFICIARY: Commercial Federal Bank
<br />PO Box 1103
<br />Omaha, NE 68101
<br />
<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 />SOUTH 13.25 FEET OF LOT 14 AND ALL OF LOT 16, BLOCK 8, UNIVERSITY PLACE, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in .H?l.l!.............................................................. at ..............................................
<br />(County)
<br />.?~o.~. I'll. HQ'vyf.\.~o...................................., .GRAN.o. .1~hANP............................, Nebraska .9.~~9.q..............
<br />(Address) (City) (ZIP Code)
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<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 />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ . ~q,q9.Q:9.0..................................... . 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: 2701880457 Loan Amount: 63,000.00 MaturityDate: 11/20/2017
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />~ @1994 Sankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002
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<br />(page 1 of 4)
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