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TRUSTOR: DEREK HEMPEL <br />A SINGLE PERSON <br />2224 W 1ST ST <br />GRAND ISLAND, NE 68803 <br />Social Security #: 517 -08 -7887 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: HERITAGE BANK <br />PO BOX 5138 <br />GRAND ISLAND, NE 68802 <br />Taxpayer I.D. #: 47- 0098350 <br />BENEFICIARY: HERITAGE BANK <br />Organized and existing under 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: LOT 6, BLOCK 17, BAKER'S ADDITION, GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in H ALL .............................. ............................... at ............... ............................... <br />(County) <br />2224 W 1ST ST GRAND ISLAND ............................. Nebraska . 68803...,,,,,,,,,, <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 $ 7. 221; 3 5 .. . ..... . . . . . ... . . . . . . . . .... . . . . . . . . .. 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 />DEREK HEMPEL HERITAGE BANK NOTE #2310340 DATED 7/6/00. <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 (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />D <br />rn ` <br />M (A <br />r,: E <br />c =., <br />T <br />ro <br />CID <br />Cl <br />r <br />-i �T' <br />O <br />CL <br />O <br />GA <br />CD <br />rn <br />g <br />F° <br />2 <br />Go <br />c� <br />a <br />O <br />r' �- <br />� <br />Cn <br />M <br />CID <br />u <br />co <br />W <br />Ln <br />State of Nebraska Space Above This <br />DEED OF TRUST <br />Line For Recording Data <br />o <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />1. <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ....... <br />July, , 6 ,, <br />, 2 000 ....... . <br />. . . . . . .. . . <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DEREK HEMPEL <br />A SINGLE PERSON <br />2224 W 1ST ST <br />GRAND ISLAND, NE 68803 <br />Social Security #: 517 -08 -7887 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: HERITAGE BANK <br />PO BOX 5138 <br />GRAND ISLAND, NE 68802 <br />Taxpayer I.D. #: 47- 0098350 <br />BENEFICIARY: HERITAGE BANK <br />Organized and existing under 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: LOT 6, BLOCK 17, BAKER'S ADDITION, GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in H ALL .............................. ............................... at ............... ............................... <br />(County) <br />2224 W 1ST ST GRAND ISLAND ............................. Nebraska . 68803...,,,,,,,,,, <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 $ 7. 221; 3 5 .. . ..... . . . . . ... . . . . . . . . .... . . . . . . . . .. 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 />DEREK HEMPEL HERITAGE BANK NOTE #2310340 DATED 7/6/00. <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 (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />