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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by ............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................03.25.2004, . , , , ............
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />1.
<br />TRUSTOR: David G. Dubbs and Patricia Ann Dubbs, Husband and Wife
<br />2521 N. 150th Road
<br />Cairo, NE 68824
<br />505.70.9121 505 -64 -2089
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />110 East 9th Street, PO Box 487
<br />Wood River, NE 68883
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood River, NE 68883
<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 One (1), Dubbs Second Subdivision, Hall County, Nebraska.
<br />The property is located in . ............................... Nall. ............................... at 252.1.Nj. 0.th Road.......................
<br />(County)
<br />..................... ..Cairo......................., Nebraska ........68824........
<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 $ 275,000,OQ . . . .... ............................... 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured and you should include the find maturity date of such debt(s).)
<br />Heritage Bank Loan # 3106126 in the amount of $175,000.00 in the name of Kevin Dubbs, David G. Dubbs and Patricia Ann Dubbs
<br />dated March 25, 2004.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) n n /) (page 1 of 4)
<br />ramie"' © 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/31/2003
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<br />1.
<br />TRUSTOR: David G. Dubbs and Patricia Ann Dubbs, Husband and Wife
<br />2521 N. 150th Road
<br />Cairo, NE 68824
<br />505.70.9121 505 -64 -2089
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />110 East 9th Street, PO Box 487
<br />Wood River, NE 68883
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood River, NE 68883
<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 One (1), Dubbs Second Subdivision, Hall County, Nebraska.
<br />The property is located in . ............................... Nall. ............................... at 252.1.Nj. 0.th Road.......................
<br />(County)
<br />..................... ..Cairo......................., Nebraska ........68824........
<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 $ 275,000,OQ . . . .... ............................... 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured and you should include the find maturity date of such debt(s).)
<br />Heritage Bank Loan # 3106126 in the amount of $175,000.00 in the name of Kevin Dubbs, David G. Dubbs and Patricia Ann Dubbs
<br />dated March 25, 2004.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) n n /) (page 1 of 4)
<br />ramie"' © 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/31/2003
<br />
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