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<br />REAL ESTATE DEED OF TRUST Cn °D �.
<br />(With Future Advance Clause) ?
<br />[9 Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. 0.6-.07-.20.04 , ,, , , , , , , , , , , , , , ,
<br />.....
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Thomas D. Hohnbaum and Pamela L. Hohnbaum, Husband and Wife
<br />369 Highway 11
<br />Dannebrog, NE 68831
<br />507.50.9426, 505 - 78.9869
<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 P.O. Box 5138
<br />Grand Island, NE 68802.5138
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802.5138
<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 28, Grand West Third, City of Grand Island, Hall County Nebraska.
<br />The property is located in ................................ H, all................................ at 4133.AIlen,Ave..............................
<br />(County)
<br />.......I ................... Goo. Island ................... , Nebraska ........68803........
<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 $ 1,60,000.00. , .......... I .. . ............ . .......... 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 final maturity date of such debt(s).)
<br />All debts owed by Thomas D. Hohnbaum and Pamela L. Hohnbaum to Heritage Bank.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (Page_ 1 Qf 4)
<br />ED <p - 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- RBDT -NE 1/81!2003 i /' / /y,�J/
<br />X � n 200405678
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<br />507.50.9426, 505 - 78.9869
<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 P.O. Box 5138
<br />Grand Island, NE 68802.5138
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802.5138
<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 28, Grand West Third, City of Grand Island, Hall County Nebraska.
<br />The property is located in ................................ H, all................................ at 4133.AIlen,Ave..............................
<br />(County)
<br />.......I ................... Goo. Island ................... , Nebraska ........68803........
<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 $ 1,60,000.00. , .......... I .. . ............ . .......... 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 final maturity date of such debt(s).)
<br />All debts owed by Thomas D. Hohnbaum and Pamela L. Hohnbaum to Heritage Bank.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (Page_ 1 Qf 4)
<br />ED <p - 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- RBDT -NE 1/81!2003 i /' / /y,�J/
<br />
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