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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />.......April ..284.,2000
<br />....
<br />o
<br />and the parties, their addresses and tax identification numbers. if required, are as fc..;lo;vs
<br />TRUSTOR: STAROSTKA HOMES, INC.
<br />P O BOX 5136
<br />GRAND ISLAND, NE 68802
<br />Taxpayer I.D. #: 47- 0760765
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: HERITAGE BANK
<br />P.O. BOX 487
<br />WOOD RIVER, NE 68883
<br />Taxpayer I.D. #: 47- 0098350
<br />BENEFICIARY: HERITAGE BANK
<br />Organized and existing sander the laws of the state of Nebraska
<br />P.O. BOX 5138
<br />GRAND ISLAND, NE 68802
<br />Taxpayer I.D. #: 47- 0098350
<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: WEST 52 FEET 11 INCEES OF LOT 1 EAST 33 FEET OF LOT 2 BLOCK 18 ROLLINS
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY NEBRASKA
<br />The property is located in HALL .............................. ............................... at ............... ...............................
<br />(County)
<br />.............................. ..............................I G[ IND. ISLAND .............................I 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, st.- actures, fixtures, mid 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 $ 60., 0 K -0 0 ..... . .......... . .. . .. . . . . ......... . 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 />HERITAGE BANK LOAN #2310322 IN THE AMOUNT OF $60,000
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4/
<br />01994 Bankers Systems, Inc., St. Cloud, MN 11- 800 - 397 -23411 Form RE -DT -NE 10/27/97
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