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200011158
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust is ....... DECEMBER, ,19,, . , 2 0 0 0, , , , , , . , , . and the parties and their
<br />addresses are as follows:
<br />TRUSTOR: JERRY L. HEIDELK REBECCA S. HEIDELK
<br />AS HUSBAND AND WIFE AS HUSBAND AND WIFE
<br />3012 BRENTWOOD SQUARE 3012 BRENTWOOD SQUARE
<br />GRAND ISLAND, NE 68801 GRAND ISLAND, NE 68801
<br />SOCIAL SECURITY #: 506 -72 -1332 SOCIAL SECURITY #: 522 -45 -0488
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: PINNACLE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P.O. BOX 187
<br />PALMIER, NE 68864
<br />TAXPAYER I.D. #: 47- 0098450
<br />BENEFICIARY: PINNACLE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P.O. BOX 187
<br />PALMER, NE 68864
<br />TAXPAYER I.D. #: 47- 0098450
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the
<br />benefit of the Beneficiary, with power of sale, the following described property: LOT 9, FAIRACRES SUBDIVISION
<br />LOCATED ON PART OF THE SWI /4 OF SECTION 3, TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE
<br />6TH P.M., HALL COUNTY, NEBRASKA.
<br />The property is located in ..HALL .............................. ............................... at ............. ...............................
<br />(County)
<br />.....GRAND. ISLAND ................... Nebraska ...... 68801 ..................
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
<br />diversion payments or third party payments made to crop producers, and all existing and future improvements, structures,
<br />fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<br />referred to as "Property "). The term Property also includes, but is not limited to, any and all water wells, water, ditches,
<br />reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property,
<br />however established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Deed of Trust at any one time shall not exceed $ 23, 000, 00 .......................... ......... This limitation of amount does
<br />not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br />made pursuant to this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the
<br />terms of this Deed of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of
<br />Trust. Future advances are contemplated and, along with other future obligations, are secured by this Deed of Trust even
<br />though all or part may not yet be advanced. Nothing in this Deed of 'trust, however, shall "constitute a commitment to
<br />make additional or future loans or advances in any amount. Any such commitment would need to be agreed to in a separate
<br />writing.
<br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br />A. The promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions,
<br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that
<br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />PROMISSORY NOTE DATED 12/19/00.
<br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST INOTFORZ)�IA; EHCMC;'FHA . OR,VA USE, AND NOT FOR CONSUMER PURPOSES) page 1 of 6
<br />�' ,v' sd . ,y..
<br />01993 Bankers Systems, Inc., St. Cloud, MN 0 -800- 397 -2341) Forrn'AG /C&-Dt -NE 10/30/97
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