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200101695
<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />XX Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ....... FEBRUARY. 2.,...2.0.01 . , . , , , , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: JERRY L HEIDELK REBECCA S HEIDELK
<br />HUSBAND AND WIFE HUSBAND AND WIFE
<br />3012 BRENTWOOD SQUARE 3012 BRENTWOOD SQUARE
<br />GRAND ISLAND, NE 68801 GRAND ISLAND, NE 68801
<br />SOCIAL SECURITY #: 506 -72 -1332 SOCIAL SECURITY #: 522 -45 -0488
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: PINNACLE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />PO BOX 187
<br />PALMER, NE 68864
<br />TAXPAYER I.D. #: 47- 0098450
<br />BENEFICIARY: PINNACLE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P.O. BOX 187
<br />PALMER, NE 68864
<br />TAXPAYER I.D. #: 47- 0098450
<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 />propert : LOT NINE (9) ff ZA( RES SUBDIVISION LOCATED ON PART OF THE SOUTHWEST QUARTER
<br />(SWl7) OF SECTION EE (3), TOWNSHIP ELEVEDT (11) NORTH RANGE NINE (9) WEST OF
<br />THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />The property is located in HALL .............................. ............................... at
<br />(County)
<br />3012 ..BRENTWOOD SQL>ARE ..................... GRAND ISLAND .............................. Nebraska . 68801
<br />...............
<br />(Address) (City) (ZIP Code)
<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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 25, 000 : 00 ..... ............................... 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 />A PROMISSORY NOTE DATED 02 -02 -01
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />©1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97
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