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n <br />1. <br />�v <br />M <br />n n Z <br />P1(� <br />9 <br />in En N <br />c <br />o <br />c> (n <br />®--+ <br />m <br />7C <br />c, <br />rV <br />r-r <br />M `�-i <br />� m <br />(o <br />o <br />ob <br />0 <br />o <br />, <br />d rn �- °� 'C <br />D rn <br />CD <br />M <br />Ca <br />00 <br />c <br />o <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />l� <br />❑ Construction Security Agreement <br />C:� <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......October. 5,,, . 2000, <br />. , .. , , .... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />C <br />TRUSTOR: STEVEN J. ARNETT SARA J. ARNETT <br />HUSBAND AND WIFE HUSBAND AND WIFE <br />1503 WEST STREET 1503 WEST STREET <br />WOOD RIVER, NE 68883 WOOD RIVER, NE 68883 <br />Social Security #: 470 -90 -3893 Social Security #: <br />507 -76 -5310 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />CORPORATION <br />110 E. 9TH STREET <br />WOOD RIVER, NE 68883 <br />Taxpayer I.D. #: 47- 0098350 <br />BENEFICIARY: HERITAGE BANK <br />Organized and existing under the laws of the United States of America <br />110 E. 9TH <br />WOOD RIVER, NE 68883 <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: pS� SIX (6), THELEN SUBDIVISION, FIRST ADDITION, WOOD RIVER, HALL COUNTY, <br />Theproperty is located in HALL ............................. ............................... at ............... ............................... <br />(County) <br />1503..WEST STREET' WOOD RIVER.. Nebraska . 68883 <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 $ 50_, OOQ, 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. (You must specifically identify the debt(s) <br />secured and you should include the final maturity date of such debt(s).) <br />HOME EQUITY LINE OF CREDIT PROMISSORY NOTE IN THE NAME OF STEVEN J. ARNETT AND <br />SARA J. ARNETT <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />©1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />