|
f1 f7 C-D o -N-) o
<br />A n Z fl 2 rn ? r— --q m
<br />= D p x C) ` -< O ��-
<br />(M? cn c� Cn o -," o CD
<br />CID r,
<br />r O ca-
<br />rn D c� O
<br />(� C0 v v
<br />V N CD
<br />Cn
<br />200005472
<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......June 5,, 2000 . . . . . ........... . . kj\
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: Q
<br />TRUSTOR: JOSEPH L TRAUSCH JUDY K TRAUSCH
<br />HUSBAND AND WIFE HUSBAND AND WIFE
<br />3727 WESTGATE ROAD 3727 WESTGATE ROAD
<br />GRAND ISLAND, NE 68803 GRAND ISLAND, NE 68803
<br />Social Security #: 505 -60 -4901
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: HERITAGE BANK
<br />P 0 BOX 487
<br />WOOD RIVER, NE 68883
<br />Taxpayer I.D. #: 47- 0098350
<br />BENEFICIARY: HERITAGE BANK
<br />Organized and existing under the laws of the state of Nebraska
<br />P 0 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: WESTGATE SUBDIVISION LOT 4, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY NEBRASKA
<br />Theproperty is located in HALL .............................. ............................... at ............... ...............................
<br />(County)
<br />3727 WESZGATE..ROAD GRAND, ISLAND .............................. Nebraska .68803.............
<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 $ 86,, 00 0 , 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 />HERITAGE BANK NOTE 2310333 DATED 6/5/00 FOR $86,000 AT 9% FIXED RATE FOR 10
<br />YEARS.
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />©1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97
<br />ti
<br />(page 1 of 4)
<br />
|