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Annette R. Levander, Trustee of the Annette R.
<br />Levander Revocable Trust, a/an
<br />Trust
<br />209 Redwood Drive
<br />Grand Island, NE 68803
<br />Beneficiary
<br />Heritage Bank
<br />1333 N. Webb Road
<br />PO Box 5138
<br />Grand Island, NE 68802
<br />201 Q.,?2S
<br />1. Conveyance. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this
<br />Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of
<br />Beneficiary, with power of sale, the following described property:
<br />Lot Nine (9), in Country Meadows Subdivision, in the City of Grand Island, Hall County, Nebraska;
<br />Lot One (1), Commonwealth Business Park Sixth Subdivision, in the City of Grand Island, Hall
<br />County, Nebraska; Lot Twenty-three (23), West Gate Subdivision, in the City of Grand Island, Hall
<br />County, Nebraska.
<br />The property is located in Hall County at 209 Redwood Drive, Grand Island, Nebraska 68803.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights,
<br />all water and riparian rights, ditches, and water stock and all existing and future improvements,
<br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the real
<br />estate described above (all referred to as "Property").
<br />2. Maximum Obligation Limit. The total principal amount secured by this Security Instrument at
<br />any one time shall not exceed $190,000.00. This limitation of amount does not include interest and
<br />other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not
<br />apply to advances made under the terms of this Security Instrument to protect Beneficiary's security
<br />and to perform any of the covenants contained in this Security Instrument.
<br />3. 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(ies) or other
<br />evidence of debt described below and all their extensions, renewals, modifications or
<br />substitutions.
<br />The promissory note signed by Brian D. Levander and Annette R. Levander (the "Borrower")
<br />and dated the same date as this Security Instrument (the "Note"). The Note states that
<br />Borrower owes Lender one hundred ninety thousand and 00/100 Dollars (U.S. $190,000.00)
<br />plus interest. Borrower has promised to pay this debt in regular periodic payments and to pay
<br />the debt in full not later than November 15, 2016.
<br />(B) Alt future advances from Beneficiary to Trustor or other future obligations of Trustor to
<br />Beneficiary under any promissory note, contract, guaranty, or other evidence of debt executed
<br />by Trustor in favor of Beneficiary after this Security Instrument whether or not this Security
<br />Deed Of Trust Closed and-NE
<br />Bankers Systems' VMP®
<br />Wolters Kluwer Financlat Services a 2014
<br />2015112015.2.3.3310- N20151028N
<br />0412015
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