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<br />Slalc ur NeNradca - .-- -Spw:c Anuve Tlaa Llne FOr Recording PRxa
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement N (\
<br />1. DATE AND PARTIES. The date of this Deed of Tmst is .. ................ 01;23, - ,2002,,,,,,,,,...,... and the parties ad Weir `
<br />addresses are as follows:
<br />TRUSTOR: Starostka Homes, Inc, A Nebraska Corporation
<br />PG Box 5316
<br />Grand Island, NE 68882
<br />470-760765
<br />❑ Refer to the Addendlan which is attached and incorporated hcrcin fur additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 688015138
<br />470098350
<br />BENEFICIARY: Heritage Bank
<br />1333 North Webb Head
<br />P.G. Box 5138
<br />Grand Island, NE 68802
<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 (hereafter defined), Tmstnr irrevocably grants, conveys and sells to Irustee, in trust for We
<br />benefit of the Beneficiary with power of sale, the following described property:
<br />Lot 27, Amick Acres West Slubdivis[on, Hall County, Nebraska.
<br />'I'hc property is located in .................................. Hall. ..... .... .......... ............ at ................ ,...................
<br />........
<br />(county)
<br />........................... ............................... Grand 1pl and ....... ................... ...... Nebraska ........, ..... ..........
<br />(Address) (Ciry) (ZIP CMe)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil Bud gas rights, crops, timber, all
<br />diversion payments or third party payments made in crop producers, and all existing and future improvcmcros, structures,
<br />fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<br />referred to as "Property"). The term property also includes, but is not limited to, any and all water wells, water, ditches,
<br />reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property,
<br />however established.
<br />3- MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Decd of Trust at any one time shall not exceed $ 200, 000. 8, 0,,,,, ,,,.-- ....— ............... . This limitation of amount does
<br />not include interest, loan charges, containment fees, brokerage commissions, attorneys' fees and other charges validly
<br />made pursuant to this Deed of Trust and does tut apply to advances (or interest seemed on such advances) made under the
<br />terms of this Deed of Trust to protect Beaeticony security and to perfomL any of the covenants contained in this Deed of
<br />Trust. Future advances are contemplated and, along with other future obligations, are Secured by this Deed of Trust even
<br />though all or part tiny not yet be advanced. Nothing in this Decd of Trust, however, shall constitute a comminem to
<br />make additional or future loans or advances in my amount. Any such commitment would need to be agreed to in a separate
<br />wrhing.
<br />4. SECURED DEBT DEFINED. Inc term';Sccured Debt' includes, but is not limited to, the following:
<br />A. The promissory Rawls), contract(s), guaranty(s) or other evidence of debt described below and all extensions,
<br />renewals, modifications or substitutions (Evidence of Debt), (When referencing the debts below it is suggested dhad
<br />you include items such as borrowers' names, note amnunts, interest rates, ntanmity dares, etc.)
<br />Heritage Bank note #2310568 executed by Danny Starostka, President, Starostka Homes, Inc.
<br />NNE-BBRRASSKKA - AGRICULTURAL /CUMMENCaLL NEED OF TRUST [NOT FOR FNMA FNIMC. NA OR VA IISIAND NOTFOn CON&FARM FURF'all
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<br />Slalc ur NeNradca - .-- -Spw:c Anuve Tlaa Llne FOr Recording PRxa
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement N (\
<br />1. DATE AND PARTIES. The date of this Deed of Tmst is .. ................ 01;23, - ,2002,,,,,,,,,...,... and the parties ad Weir `
<br />addresses are as follows:
<br />TRUSTOR: Starostka Homes, Inc, A Nebraska Corporation
<br />PG Box 5316
<br />Grand Island, NE 68882
<br />470-760765
<br />❑ Refer to the Addendlan which is attached and incorporated hcrcin fur additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 688015138
<br />470098350
<br />BENEFICIARY: Heritage Bank
<br />1333 North Webb Head
<br />P.G. Box 5138
<br />Grand Island, NE 68802
<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 (hereafter defined), Tmstnr irrevocably grants, conveys and sells to Irustee, in trust for We
<br />benefit of the Beneficiary with power of sale, the following described property:
<br />Lot 27, Amick Acres West Slubdivis[on, Hall County, Nebraska.
<br />'I'hc property is located in .................................. Hall. ..... .... .......... ............ at ................ ,...................
<br />........
<br />(county)
<br />........................... ............................... Grand 1pl and ....... ................... ...... Nebraska ........, ..... ..........
<br />(Address) (Ciry) (ZIP CMe)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil Bud gas rights, crops, timber, all
<br />diversion payments or third party payments made in crop producers, and all existing and future improvcmcros, structures,
<br />fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<br />referred to as "Property"). The term property also includes, but is not limited to, any and all water wells, water, ditches,
<br />reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property,
<br />however established.
<br />3- MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Decd of Trust at any one time shall not exceed $ 200, 000. 8, 0,,,,, ,,,.-- ....— ............... . This limitation of amount does
<br />not include interest, loan charges, containment fees, brokerage commissions, attorneys' fees and other charges validly
<br />made pursuant to this Deed of Trust and does tut apply to advances (or interest seemed on such advances) made under the
<br />terms of this Deed of Trust to protect Beaeticony security and to perfomL any of the covenants contained in this Deed of
<br />Trust. Future advances are contemplated and, along with other future obligations, are Secured by this Deed of Trust even
<br />though all or part tiny not yet be advanced. Nothing in this Decd of Trust, however, shall constitute a comminem to
<br />make additional or future loans or advances in my amount. Any such commitment would need to be agreed to in a separate
<br />wrhing.
<br />4. SECURED DEBT DEFINED. Inc term';Sccured Debt' includes, but is not limited to, the following:
<br />A. The promissory Rawls), contract(s), guaranty(s) or other evidence of debt described below and all extensions,
<br />renewals, modifications or substitutions (Evidence of Debt), (When referencing the debts below it is suggested dhad
<br />you include items such as borrowers' names, note amnunts, interest rates, ntanmity dares, etc.)
<br />Heritage Bank note #2310568 executed by Danny Starostka, President, Starostka Homes, Inc.
<br />NNE-BBRRASSKKA - AGRICULTURAL /CUMMENCaLL NEED OF TRUST [NOT FOR FNMA FNIMC. NA OR VA IISIAND NOTFOn CON&FARM FURF'all
<br />i,ay�,q®I980 -krta Tyoa—r Inc, St CIOUQ MN 1- PF /CO -nT -NE sM /1cc, 111111 y 1 It t i�`�T
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