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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Security instrument) is _ ..............10 15- 200,2,,,,,,,,.........
<br />and the parties, their addresses and Car identification numbers, if required, are as follows:
<br />'IRUS'I'OR: W R Development Co., A Nebraska Corporation
<br />11623 Arbor Street
<br />Omaha, NE 68144
<br />470703309
<br />❑ If Checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />110 E. 9th Street PO Box 487
<br />Wood River, NE 68883
<br />47- 0098350
<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 fi8883
<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 Trustor's performance under this Security Instrument, Truster irrevocably
<br />grants, conveys and sells or Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />Property: PART OF LOT FIFTEEN (151, ALL LOTS SIXTEEN 1161, SEVENTEEN (17), EIGHTEEN 1181 AND THE WEST THIRTY FIVE (35)
<br />FEET OF LOT NINETEEN (19), IN BLOCK TWENTY SIX (26), IN THE ORIGINAL TOWN OF WOOD RIVER, HALL COUNTY, NEBRASKA
<br />MORE PARTICULARLY DESCRIBED IN WARRANTY DEED RECORDED AS DOCUMENT NO, 87102435.
<br />SEE ATTACHED EXHIBIT A FOR FURTHER EXPLANATION.
<br />The property is located in ............ .. .......... ._.. -HALL ... .. ........ at 108, W 8th STREET....... ......
<br />)
<br />................._...... ........._....., ...... .... W.40O.AIVEH.................., Nebraska 68983 ........
<br />(Addresn) (City) (ZIP Core)
<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 fixture improvements, structures, fixtures, and replacencnls that may
<br />now, or at any lime in the future, be pats 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 shtdl
<br />not exceed S .1,2,0,, 000. 00,. ..._....__- _... ......... ...... . This limitation of amount does not include ULCIOIL 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 "Seemed Debt" is defined as follows:
<br />A_ Debt incurred under the terns of all promissory note(s), contract(s), guaraoty(Les) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically Identifi the
<br />delo(s) secured and you should inchute the final maturity date of such debt(s),)
<br />WR Development; 5120,000; 6.5 %; 1 15 2003
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR ENMA, FHI MC, FHA OR VA USE) IpeHe 1 of 9)
<br />I A 1, 1B8<9xnkers Systems, Ire, St CIOUQ MN Fe,m OCF PENTNE V30 /2002
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