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<br />State of Nebraska Space Above This Line For Record Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ....... November.l5,. 2000.......,..
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RICKY DEAN STELK �
<br />A SINGLE PERSON
<br />4701 W HUSKER HWY 200010266
<br />ALDA, NE 68810 -9600
<br />Social Security #: 507 -70 -0367
<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: Refer to exhibit W which is attached hereto and made a part hereof.
<br />The property is located in HALL .............................. ............................... at ............... ...............................
<br />(County)
<br />4701 W. HUSKER, HWY ALDA ............. ............................... Nebraska . 68810- 9600
<br />..... ............................... .
<br />a'- ,JAddress) (City) (ZIP Code)
<br />Together with all rights, easemeti appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights; ditches, and water stock aflall existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, --;Al 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 $ 150,, 0 0 0. ; 0 0 . . . . . . . . .. . . . ................ . .... This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this $ecurity 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 />PROMISSORY NOTE IN THE AMOUNT OF $150,000 SIG= BY RICKY DEAN STELK
<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 It ¢3II F,,ft; 10/27/97
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