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<br />Slate of Nebrwka Space Ahoye'fhis Line Nbr Resuming Data
<br />•lL 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 ................ .02,18,,2,003,,,,,,,,,,,,,,,,,
<br />and the parties, their addresses and lax identification numbers, if required, are as follows:
<br />TRusTOR: John D. Willoughby and Joyce M. Willoughby, Husband and Wife
<br />15499 W Cedarview RD
<br />Wood River, NE 68883
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSIEE1 Hertage 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 />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Deht (defined below) and Truster's performance under this Security Instrument, Trustor irrevocably
<br />grams, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, We following described
<br />property: LOT ONE 111, POVERTY RIDGE SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The property is located in ... _..... .. Hall.. ......... at 15499 W Cedar View
<br />(Cowv ➢)
<br />.............. ................... .......... ........ Wood Rivet .................. Nebraska __.. 688.8.3........
<br />(Nklrcss) (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 stuck and all existing and future improvemems, structures, fixtures, and replacements that may
<br />now, or at soy lime in File future, be par of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amoum secured by this Security Instrument at any one time shall
<br />not exceed S 000, 900.. Q0 ,._____._... .................. . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security hobUITlwt. Also, this formation does not apply to advances made under
<br />The terms of this Security instrument to protect Beneficiary's security and W 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), guara ity(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 />Heritage Bank loan in the amount of $250,000 dated February 18, 2003 in the name of John D and Joyce M Willoughby
<br />NEBRASKA DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA JSE) (PS I of 4)
<br />-- 1119a<Panknex Syttemc, I- St c-1, MN Form HEn I -Nt 11
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<br />200302073
<br />Slate of Nebrwka Space Ahoye'fhis Line Nbr Resuming Data
<br />•lL 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 ................ .02,18,,2,003,,,,,,,,,,,,,,,,,
<br />and the parties, their addresses and lax identification numbers, if required, are as follows:
<br />TRusTOR: John D. Willoughby and Joyce M. Willoughby, Husband and Wife
<br />15499 W Cedarview RD
<br />Wood River, NE 68883
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSIEE1 Hertage 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 />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Deht (defined below) and Truster's performance under this Security Instrument, Trustor irrevocably
<br />grams, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, We following described
<br />property: LOT ONE 111, POVERTY RIDGE SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The property is located in ... _..... .. Hall.. ......... at 15499 W Cedar View
<br />(Cowv ➢)
<br />.............. ................... .......... ........ Wood Rivet .................. Nebraska __.. 688.8.3........
<br />(Nklrcss) (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 stuck and all existing and future improvemems, structures, fixtures, and replacements that may
<br />now, or at soy lime in File future, be par of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amoum secured by this Security Instrument at any one time shall
<br />not exceed S 000, 900.. Q0 ,._____._... .................. . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security hobUITlwt. Also, this formation does not apply to advances made under
<br />The terms of this Security instrument to protect Beneficiary's security and W 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), guara ity(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 />Heritage Bank loan in the amount of $250,000 dated February 18, 2003 in the name of John D and Joyce M Willoughby
<br />NEBRASKA DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA JSE) (PS I of 4)
<br />-- 1119a<Panknex Syttemc, I- St c-1, MN Form HEn I -Nt 11
<br />
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