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x <br />-mn Z D <br />M CA <br />2 D Z r) _ <br />� Cn Z C D O <br />c <br />A U p m <br />C O m <br />C') O O N -O <br />—171 O . <br />CM o = M _ <br />r*1 v O n I: i✓ <br />M r CO* <br />Cn <br />co <br />.� <br />O CD <br />00 Cf) -a. <br />State of Nebraska Space Above This Line For Recording Data�a <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 .................. 11, -0 NQ41, , , , , , , , , , - - - - , <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: Thomas A. Kahrhoff and Sherry Kahrhoff, Husband and Wife �o <br />2115 W Lamar <br />Grand Island, NE 68803 <br />CJ <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Heritage Bank <br />1333 N. Webb Road <br />Grand Island, NE 68802.5138 <br />47. 0098350 <br />BENEFICIARY: Heritage Bank <br />1333 North Webb Road <br />P.O. Box 5138 <br />Grand Island, NE 68802 <br />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), M & S Subdivision, Grand Island, Hall County, Nebraska <br />The property is located in .. ............................... Hall ............................... at zMAL. 4r. ur............................. <br />(County) <br />....................... ..............................I ...................Grand Island................., Nebraska 6$$43 <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 $ 2$, 514-. QQ ....... ............................... . 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 />Thomas and Sherry Kahrhoff Heritage Bank note #2310534 dated 1112101 <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) M �_ ���,_ /�(Pa9e�pf <br />©1994 Bankers Systems, Inc., St. Cloud, N (1- 800 - 397 -2341) Farm RE -DT -NE 10/27/97 <br />