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State of Nebraska Space Above This Line For Recording 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 .......December 7, 2000 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DENNIS D. NELSON <br />A SINGLE PERSON <br />3579 N HWY 281 <br />GRAND ISLAND, NE 68803 <br />Social Security #: 505 -70 -9068 <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 TWO (2) , PULTE SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in HAI-L .............................. ............................... at ............... ............................... <br />(County) <br />3579 N HWY 281 GRAND. ISLAND............ I ................. 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 $ 58 , W. 3 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 />DENNIS D. NELSON HERITAGE BANK NOTE #2310386 DATED 12/7/00. <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 (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />n <br />D <br />A <br />co <br />CD <br />CD <br />Z <br />_ <br />C> --4 <br />Z —1 <br />N <br />ril <br />r-9- <br />M <br />p <br />C°. <br />co <br />S <br />o -*1 <br />a <br />tv <br />tA) <br />° 1� <br />r- aJ <br />F" <br />rr1 <br />tz� <br />3 <br />r <br />r <br />p <br />`D <br />`� <br />-J <br />Z <br />a <br />CC) <br />CD <br />O <br />N <br />—j <br />� <br />C <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 />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......December 7, 2000 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DENNIS D. NELSON <br />A SINGLE PERSON <br />3579 N HWY 281 <br />GRAND ISLAND, NE 68803 <br />Social Security #: 505 -70 -9068 <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 TWO (2) , PULTE SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The property is located in HAI-L .............................. ............................... at ............... ............................... <br />(County) <br />3579 N HWY 281 GRAND. ISLAND............ I ................. 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 $ 58 , W. 3 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 />DENNIS D. NELSON HERITAGE BANK NOTE #2310386 DATED 12/7/00. <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 (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />