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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement ``}
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. 45.25:2.80.1................ ',',a
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Larry's Steel and Welding Inc., A Nebraska Corporation
<br />2421 W Lincoln Hwy
<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 P.O. Box 5138
<br />Grand Island, NE 68801.5138
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />1333 North Webb Road
<br />P.O. Box 5138
<br />Grand Island, NE 68802
<br />47. 0098350
<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, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />THE SOUTHERLY 37.1 FEET OF LOT EIGHT (8), AND ALL OF LOT NINE (9), ALL IN
<br />BLOCK TWO (2), WEST SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY NEBRASKA.
<br />The property is located in ................................. R4II ............................... at 2421. W. 41.d OMP.IR HWY..................
<br />(County)
<br />............................................ I ............... , .................... RqQA w4p.d ................. I Nebraska ........0.0$81........
<br />(Address) (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 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 shall
<br />not exceed $ .54. 3150A ....... ............................... . 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 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 "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), 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 that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Note between Sure Sound and Lighting and Heritage Bank in the amount of $54,350 and all renewals and extensions thereof
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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement ``}
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. 45.25:2.80.1................ ',',a
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Larry's Steel and Welding Inc., A Nebraska Corporation
<br />2421 W Lincoln Hwy
<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 P.O. Box 5138
<br />Grand Island, NE 68801.5138
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />1333 North Webb Road
<br />P.O. Box 5138
<br />Grand Island, NE 68802
<br />47. 0098350
<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, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />THE SOUTHERLY 37.1 FEET OF LOT EIGHT (8), AND ALL OF LOT NINE (9), ALL IN
<br />BLOCK TWO (2), WEST SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY NEBRASKA.
<br />The property is located in ................................. R4II ............................... at 2421. W. 41.d OMP.IR HWY..................
<br />(County)
<br />............................................ I ............... , .................... RqQA w4p.d ................. I Nebraska ........0.0$81........
<br />(Address) (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 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 shall
<br />not exceed $ .54. 3150A ....... ............................... . 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 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 "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), 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 that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Note between Sure Sound and Lighting and Heritage Bank in the amount of $54,350 and all renewals and extensions thereof
<br />
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