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m' m in <br />rL <br />cn <br />n O N <br />m o 0 <br />M VI U1 P n c.a �• <br />l'd cn n o m <br />CIO <br />u U <br />200303908 W z <br />State o[Nehruske Spare Above Tole lJne For Reecre ing Data C <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 —. . ....... 03.27.2003,,,,,,,,,,,,,,„ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: Wayne B. Brehm and Martha Sue Brehm, Husband and Wife <br />4308 Saddlehorse <br />Grand Island, NE 68803 <br />505.66.5805, 505.70.9245 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and <br />acknowledgments. <br />'TRUSTEE: Heritage Bank <br />1333 N. Webb Road <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 <br />470098350 <br />2. CONVEYANCE. For goad 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, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the henefit of Beneficiary, with power of sale, the following described <br />Property : bat 9, in Jack Voss Horse Country Club Second Subdivision being a tract of land comprising a part of the Southwest Guarterof <br />Section 2, Township 1 I North, flange 10 West of the 6th P.M., Hall County Nebraska. <br />The property is located in ........ .... . Hall _. ..... ....................... at 4308, Saddlehprse <br />......................... <br />(a,uady) <br />.........._._ .......... ............................... .... — ..... ...._. Gfand Island ............ ..._., Nebraska _ ...... 68,803....... <br />(Addmss) (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 pan 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 $ 29, 935,. 50 .. .............. ....... . 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 of 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 Instrurent. <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), commons), 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 Thal you include Denis such as borrowers' names, note amounts, interest rates, matunty dmeq etc.) <br />Wayne and Martha Brehm Heritage Bank note #2310689 dated 3127103 <br />NEBRASKA DEED OF TRUST (NOT FOR FNMA, FHLMC FHA OR VA USE) ipage I of 4J <br />IT, 1994 bank —rs YIRmx, Inc., 5c Cloud, MN Fmm RE DT NE 13 12002 <br />