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I <br />TRUSTEE: Heritage Bank <br />1333 N. Webb Road P.O. Box 5138 <br />Grand Island, NE 68802 -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: Lot Thirty -three (33), Grand West Subdivision to the City of Grand Island, Hall County, Nebraska, according to the recorded <br />plat thereof. <br />and <br />Lot 11, Argo Second Subdivision, Village of Alda, Hall County, Nebraska <br />The property is located in .. ............................... Hall ............................... at 1.521.M.a Ai9ld ............................ <br />(County) <br />....................Grand, Island................., Nebraska ........6.0$Q1........ <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 $ . 10. Q. QQQ, Q, Q ...... ............................... . 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 />Universal Note executed byHoward D. Hassett and DeAnn L. Hassett that matures on June 1, 2002. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �Pa9 <br />01994 Bankers Systems, Inc., St, Cloud, MN (1 -800- 397 -2341) Form RE- DT -NE; 10/27/97 , <br />M <br />" <br />n f) <br />T D <br />o <br />N <br />n cn <br />c a <br />p <br />NFL <br />Z <br />M N <br />= <br />-� <br />--t mo <br />O 46 <br />= D <br />vN. <br />m <br />-< <br />CD CD <br />m (A <br />n T <br />" <br />o <br />CIO <br />C> <br />-n <br />N <br />�1 <br />_ M <br />p CO <br />o <br />r 3 <br />r n <br />oI <br />to <br />CD <br />i <br />O <br />rND <br />_C co <br />N <br />v7 <br />�J <br />� <br />a <br />0 <br />State of Nebraska <br />Space Above This Line For Recording <br />Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />IN Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. <br />0:1.0.NO2 <br />. , , ............. <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />�! <br />TRUSTOR: Howard D. Hassett and DeAnn L. Hassett, Husband and Wife <br />114 Jupiter Lane <br />Alda, NE 68810 <br />507 - 80.0795, 505.78.9614 <br />❑ If checked, refer to the attached <br />Addendum incorporated herein, for additional Trustors, <br />their signatures <br />and <br />acknowledgments. <br />TRUSTEE: Heritage Bank <br />1333 N. Webb Road P.O. Box 5138 <br />Grand Island, NE 68802 -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: Lot Thirty -three (33), Grand West Subdivision to the City of Grand Island, Hall County, Nebraska, according to the recorded <br />plat thereof. <br />and <br />Lot 11, Argo Second Subdivision, Village of Alda, Hall County, Nebraska <br />The property is located in .. ............................... Hall ............................... at 1.521.M.a Ai9ld ............................ <br />(County) <br />....................Grand, Island................., Nebraska ........6.0$Q1........ <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 $ . 10. Q. QQQ, Q, Q ...... ............................... . 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 />Universal Note executed byHoward D. Hassett and DeAnn L. Hassett that matures on June 1, 2002. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �Pa9 <br />01994 Bankers Systems, Inc., St, Cloud, MN (1 -800- 397 -2341) Form RE- DT -NE; 10/27/97 , <br />