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<br /> State of Nebraska Space Above This Line For Recording Data 0
<br /> DEED OF TRUST •
<br /> (With�ture Advance Clause) �
<br /> ❑ Construction Security Agreement �
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......�?�t,30.,...1999.............
<br /> and the parties, their addresses and ta�c identification numbers, if required, are as follows:
<br /> TRUSTOR:
<br /> JAY L. �"r�� JLJLIE D. HII�iKE
<br /> AS HUSBAND AND WIFE AS HUSBAND AND WIFE
<br /> 2505 E S�LING MILE RD 2505 E S�LING NiILE RD
<br /> Q�AI�ID ISL�AND, NE 68801 GRAND ISL�AI�ID, NE 68801
<br /> Social Security #: 508-90-5412
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF WOOD RIVER
<br /> PO BOX 487
<br /> TnTOOD RIVER, NE 68883
<br /> Ta�ayer I.D. #: 47-0098350
<br /> BENEFICIARY:BANK OF WOOD RIVER dba I�f2ITAGE BANK Q��ND ISLAND
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GR�ID ISLAND, 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 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: TI� WEST SE�III�I'1.'Y-SIX (76) FEh'T OF L�7T F17iJR (4) IN BIIJCK ONE (1) , IN CLAUSSEL�T
<br /> COUNTRY VIEW ADDITI� 'IC� Tf� CITY OF GRAND ISL�AIQD, �-�L�I� COLINTY, NEBRASKA.
<br /> The property is located in�L............................................................. at ..............................................
<br /> (Counry)
<br /> 2505„E.S�LING.MILE.RD.................... GRAND.ISLAND............................., Nebraska . 68801.............
<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. MAXIMiJM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $80,,406,;75,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , �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 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, maturiry dates, etc.)
<br /> JAY L. & JULIE D. H�1KF' HEFZITAGE BANK 1�K7I'E #310187 DATID 8/30/98; PRINCIPAL
<br /> ANIOL]N'I' OF $80M.
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) (page 1 Of 4J
<br /> 01994 Bankers Systems,Inc.,St.Cloud,MN (1-800397-2347) Form RE-DT-NE 10/27/97
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