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<br />State of Nebraska Spaoe Above This Line For Rreording Data
<br />DEED OF TRUST
<br />(with Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......... ....... 1231.,2,002 ................
<br />and the parties, their addresses and lax identification numbers, if required, are as follows:
<br />TRUSTOR: Timothy R. O'Neill and Miki S. O'Neill, A Married Person
<br />1203 Sylvan Street
<br />Grand Island, NE 68801
<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
<br />Grand Island, NE 68802 -5138
<br />470098350
<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
<br />470098350
<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 Toaster'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 />PrOPEcy: Lot One (1)inO'Neill Subdivision in the City of Grand Island, Hall County, Nebraska
<br />The property is located in .. ............................... Hap ............................... at 1203.Sylyzn Street ........._............
<br />(Camay)
<br />.._........... .._......._. .......... I ......... I ......... , ._ ............. ....Grood Wood. ................, Nebraska ....... .fi,aeol........
<br />(Address) (City) (ZIP Codc)
<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 shalt
<br />sot cxeced $ 5.0.000,00 ........ _..... _... _.._ . This Ihnitation of amount does or include interest sad 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 tern "Scented Debt" is defined as follows:
<br />A, Debt incurred under the terms of all promissory Donets), con[ract(s), guamnly(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 of borrowers' names, note amoums, interest rotes, maturity dates, etc.)
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE) /p�y1 /pe
<br />o1994eanko¢Syatnme.Inc,StC ud, MN Farm FE -OT -NE 100,2002 '14 V
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