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<br /> State of Nebraska ' Space Above This Line For Recording Data
<br /> DEED OF TRUST C�
<br /> (With�ture Advance Clause) �
<br /> ❑ Construction Security Agreement
<br /> 1. DATE AND PARTI�S. The date of this Deed of Trust (Security Instnunent) is .......April,,14.�..1999,,,,,,,,,,,,,,, Q�
<br /> and the parties, their addresses and ta7c identification numbers, if required, aze as follows: v
<br /> TRUSTOR: ��d A. Uacek Kathleen A. Vacek
<br /> HUSBAI�ID AI�ID WIFE HUSBAl�ID Al�ID WIFE
<br />, 151 Tilden Road 151 Tilden Road
<br /> Cairo, NE 68876 Cairo, NE 68876
<br /> Social Security #: 506-68-3168 Social Security #: 507-70-0359
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: Barilc of Wood River
<br /> P.O. 687
<br /> Wood River, 68883
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY:BANK OF 4d00D RIVER dba HIItITAGE BANK Q�AND ISLAND
<br /> On�anized and existing under the laws of the state of Nebraska
<br /> P.O. �OX 5138
<br /> C-�AI�ID ISLAI�ID, NE 68802
<br /> Ta�ayer 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 5ecurity 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: �t Seven (7) , Eight (8) , Nine (9) 'I'hi.rteen (13) , and Fourteen (14) , _
<br /> Westgate Subdivision, Hall County, Nebras�a
<br /> The property is located in Hall............................................................. at ..............................................
<br /> (Counry)
<br /> 3832.W:..�9�Y.3Q............................. Grand,Island............................., Nebraska . 68801.............
<br /> (Address) (Ciry) (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 $250,,000,;00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , �is 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 FIJ1'(JRE ADVANCES. The term"Secured Debt" is defined as follows:
<br /> A.Debt incuned 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 /> $250,000 note of even date
<br /> NEBRASKA-DEED OF TRUST INOT FOR FNMA,FHLMC,FHA OR VA USEI � , / (p f�J
<br /> 01994 Bankers Systems,Inc.,St.Cloud,MN (1-800-397-2341) Porm RE-DT-NE 10/27/97 v _�
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