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This Instrument Prepared By: <br />Commercial Federal Bank <br />3301 W State Str, <br />Grand Island, NE 68803 <br />(308) 384 -4310 <br />CSHUDA <br />State of Nebraska <br />m <br />CS <br />n n <br />CD in <br />T <br />Gn <br />n <br />Z <br />= D <br />7C <br />= N <br />O <br />o <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0120488390 <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 3, 2001 <br />v <br />� <br />and the parties, their addresses and tax identification numbers, if required, are as follows: b <br />TRUSTOR: BRIAN L SHARP JUDITH L SHARP <br />1003 WEST ANNA 1003 WEST ANNA <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />Q If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Commercial Federal Bank <br />2120 S 72 Str <br />Omaha, NE 68124 <br />BENEFICIARY: <br />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 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 sae, the following described property: <br />THE EASTERLY 49 FEET OF BLOCK 16, OF WINDOLPH'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall ..... at 1003 WEST ANNA <br />(County) <br />Grand Island , Nebraska 68801 <br />. ... ......... ............................... <br />(Address) ..................... (City) <br />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 $ 12,465.28 This limitation of amount does not include interest and other fees <br />and charges validly made pursuan t 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 Instnurent. <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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (P 4I <br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 -397 -2341) Form RE -DT -NE 10/27/97 <br />db C165M) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />UniPrint #10 4 <br />CS <br />C-) (n <br />CD in <br />gM <br />o <br />O <br />n' <br />4 <br />r <br />-J o <br />r v <br />►-� <br />ca = <br />o <br />M Co <br />G.J <br />Cn <br />Cn <br />P .; <br />Space Above This Line For Recording Data <br />DEED OF TRUST Application # 0120488390 <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is August 3, 2001 <br />v <br />� <br />and the parties, their addresses and tax identification numbers, if required, are as follows: b <br />TRUSTOR: BRIAN L SHARP JUDITH L SHARP <br />1003 WEST ANNA 1003 WEST ANNA <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />Vesting Information: <br />Q If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Commercial Federal Bank <br />2120 S 72 Str <br />Omaha, NE 68124 <br />BENEFICIARY: <br />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 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 sae, the following described property: <br />THE EASTERLY 49 FEET OF BLOCK 16, OF WINDOLPH'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall ..... at 1003 WEST ANNA <br />(County) <br />Grand Island , Nebraska 68801 <br />. ... ......... ............................... <br />(Address) ..................... (City) <br />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 $ 12,465.28 This limitation of amount does not include interest and other fees <br />and charges validly made pursuan t 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 Instnurent. <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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (P 4I <br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 -397 -2341) Form RE -DT -NE 10/27/97 <br />db C165M) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />UniPrint #10 4 <br />