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<br />2 0 0 5 0 9 8 0 0 Space Above This Line For ~COrding D:fa
<br />DEED OF TRUST App 10. 159601
<br />
<br />,,_________ State of Nebraska
<br />Commercial Federal Bank 'R..Lt &vvv'
<br />450 Regency Pkwy, Atrium E
<br />Omaha, NE 68114
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<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DA TE AND PARTIES. The date of this Deed of Trust (Sec1lrity Instrument) is ................ Qe!~ :1/.49,O.Ei.. ...... ..... . ..
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: DEBRA K PEDERSEN
<br />2717 W LOUISE ST
<br />GRAND ISLAND 68803
<br />
<br />Vesting Information: A SINGLE PERSON
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknow led gments.
<br />
<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. CONVEY ANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />sccure thc 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 WESTERLY FORTY (40) FEET OF LOT THREE (3) AND THE EASTERLY TWELVE (12) FEET OF LOT
<br />FOUR(4), ALL IN BLOCK TWO (2) OF SUBDIVISION GLADSTONE PLACE IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in .ti~.I!........................ ............ .................. ........ at ......... ............ .........................
<br />(County)
<br />.?:U7. YXJ.9.W l$1; .$.T................................., . GRA.NO. .IRkANP............................., Nebraska .1?f}~9.~..............
<br />(Address) (City) (ZIP Code)
<br />
<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 $ . ?,.~R9:R9....................................... . 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: 2701795282 Loan Amount: 7,200.00 MaturityDate: 09/15/2010
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE!
<br />
<br />
<br />~ @1994 Bankers Sys..ms, Ino.. St. Cloud, MN Form RE.DT-NE 1/30/2002
<br />
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