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<br />~60llirllercial rcder:al Ba.nkn~-!~Nk ~, 7Hs=- ~(/Es,DEED OF TRUST App 10. 191435
<br />450 Regency Pkwy, Atrium E (With Future Advance Clause)
<br />Omaha, NE 68114 0 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.1!.1.7!~O.QQ................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />TRUSTOR: DENNIS E KENNEDY
<br />1704 FREEDOM DR.
<br />GRAND ISLAND, NE 68801
<br />
<br />BONITA S KENNEDY
<br />1704 FREEDOM DR.
<br />GRAND ISLAND, NE 68801
<br />
<br />Vesting Information: HUSBAND AND WIFE
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<br />o If checked, refer to the auached Addendum
<br />acknowledgments.
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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 />LOT 19, FREEDOM ACRES SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in .t!~.I).............................................................. at ..............................................
<br />(County)
<br />. FQ4. FR~~Oo.lYJ.OR................................, .GRAN.o. .ISV\NO............................, Nebraska .f?~~9.1..............
<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 $ .?~,n?JJ.................................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation docs 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 terrns 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: 2701902923 Loan Amount: 28,777.11 MaturityDate: 12/04/2010
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @,994 Bankors Systoms.lnc" St. Cloud, MN Form RE-DT.NE 1/30/2002
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