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t1i <br />s O Cn p <br />O RatS �?. N r ri <br />C n = � �t Z-i m CD r�i- <br />ell Z N rn D <br />n CA CD S n <br />-� r <br />pW� rn r D ° <br />CDO <br />N c C ~CD <br />State of Nebraska Space Above This Line For Recording Data Z <br />DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />❑ Master form recorded by ............................. a <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 10 07 2004 ' <br />................ ............................... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: C) <br />TRUSTOR: PHILLIP J. McCORMICK and SHERRI L. McCORMICK, Husband and Wife <br />4039 ROTH ROAD <br />GRAND ISLAND, NE 68803 <br />539.54.9332, 505.78.9620 <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 PO 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 SIX (6) POTASH SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in ............................... HALT, ............................... at 403 AUH, ROAD <br />.......................... <br />(County) <br />...................................... ........... I ................. 0ANO.I ONO.................. Nebraska ........68$03........ <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. A4., 0. 0 ......... ............................... 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 />NOTE DATED 10- 7.2004 IN THE ORIGINAL PRINCILAL AMOUNT OF $ 11,384.50 EXECUTED BY PHILLIP J McCORMICK & <br />SHERRI L McCORMICK <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (pagle,1 of 4) <br />�� 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />Jd`-' --r-- <br />