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m Do y 7 <br />CD <br />s F„ <br />ly V 1 ' rn <br />1 C O V O w <br />200301049 c GO <br />State of Nebraska Space Above Tlds Due For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />❑ Master form recorded by ............................. p <br />1. DATE AND PARTIES. The date of this Deed of 'Trust (Security Instrument) is ................. 0271.4-2003 <br />and the patties, their addresses and tax identification numbers, if required, are as follows <br />C <br />TRUSTOR: Robert W. Waters and Mary P. Waters, Husband and Wife <br />7110 S HWY 11 <br />Wood River, NE 68883 <br />506 - 427860, 483 - 284943 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Tms ors, their signatures and <br />acknowledgments. <br />TRUSTEE: Heritage Bank <br />110 E. 9th Street <br />Wood River, NE 68883 <br />470098350 <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 />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 Truster's performance under this Security Instrument, Truster irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />Property: Lt. 2, Babel Acres Sub., Hall County, Nebraska. <br />The property is located in ........................... I... RAIL. ..1...1.....,.1.1............. at 7110 S HWY 11 <br />...... ............................... <br />(cetNry) <br />... ......... ............... Wood. {liver ............. Nebraska . 68883 1111 <br />....._..._. 1111. 1111 <br />(Address) (Clry) (CIF CMC) <br />'Together with all rights, easnnents, 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 teal estate described above (all referred m as "Property ")_ <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 25, 000,0.0. ...... 1........... 11.. -. -_- 111...... 1 This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security fintrunent. Also, this limitation does not apply to advances made under <br />the terms of this Security ficrumem to protect Beneficiary's security and to perform any of the covenants amtained 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 notc(s), contract(s), guarawy(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 war should include the final minority date of such debris).) <br />Home Equity Line of Credit in the amount of $20,000 Robert and Mary Waters Matures 02 -14 -2008 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INOT FOR FNMA, FHLM6, FHA OR VA USE) (page 1 of 4) <br />'�. 19 4 Banks¢ 3ydems, Ire., St ceedr MN Form Ore FEET NE 11308002 <br />