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n r, <br />rn CDlt o c? - o <br />i p T` N Z 1' <br />1 rV <br />u' � M o v <br />o <br />\\ o o <br />-T1 O , r\, CL <br />rTjG T ni <br />M r r o CD <br />co <br />C0 ii co ;K N <br />> <br />Cn CO <br />Cn <br />State of Nebraska Space Above This Line For Recording Data a <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 ................1.1.26 - 2001................. <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: MICHAEL L. HINRIKUS and HEATHER A. HINRIKUS, Husband and Wife <br />PO BOX 452, 103 WALNUT <br />DONIPHAN, NE 68832 <br />508.84 -4415 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Heritage Bank, N.A. <br />605 6TH STREET, PO BOX 402 <br />DONIPHAN, NE 68832 <br />47. 0837946 <br />BENEFICIARY: HERITAGE BANK N.A. <br />Organized and existing under the laws of the United States of America <br />605 6TH STREET <br />PO BOX 406 DONIPHAN, NE 68832 <br />47- 0837946 <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: WEST SIXTY (60) FEET OF LOT TWO (2), BLOCK SEVEN (7), ORIGINAL TOWN OF DONIPHAN, HALL COUNTY <br />NEBRASKA <br />The property is located in .............................. HALL ............................... at 1.03. WALNUT ............................. <br />(County) <br />DO.NIPHAN ................... Nebraska .......68832....... <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 $ 7, 003. 39 ......... ............................... 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 />PROMISSORY NOTE DATED 11 -26.01 TO MICHAEL L. & HEATHER A. HINRIKUS, HUSBAND & WIFE <br />