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<br />REAL ESTATE 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 ................. R- 2N00.z.. ..... ......... n
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Norman D. Seale and Phyllis B. Seale, Husband and Wife
<br />1314 S Harrison
<br />Grand Island, NE 68803
<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 Rd
<br />Grand Island, NE 68803
<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 />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 Tmstor'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 One (1), Brach's Third Subdivision, to the City of Grand Island, Hall County, Nebraska.
<br />The property is located in .. ............................... Hall ............................... at 1314,$ Harrison ...........................
<br />(County)
<br />....... . ............ Grand. Island .................. Nebraska ........68803........
<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 $ 26, 000.0 ........ ............................... . 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. (You must specifically identify the debt(s)
<br />secured and you should include the final maturity date of such debt(s).)
<br />Norman and Phyllis Seale Heritage Bank note #2310575 of even date herewith
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />01994 Bankers Systams, Inc„ St. Cloud, MN Form COP - REOT -NE 1113199
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<br />rlState of Nebraska Space Above This Line For Recording Data,e
<br />REAL ESTATE 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 ................. R- 2N00.z.. ..... ......... n
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Norman D. Seale and Phyllis B. Seale, Husband and Wife
<br />1314 S Harrison
<br />Grand Island, NE 68803
<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 Rd
<br />Grand Island, NE 68803
<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 />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 Tmstor'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 One (1), Brach's Third Subdivision, to the City of Grand Island, Hall County, Nebraska.
<br />The property is located in .. ............................... Hall ............................... at 1314,$ Harrison ...........................
<br />(County)
<br />....... . ............ Grand. Island .................. Nebraska ........68803........
<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 $ 26, 000.0 ........ ............................... . 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. (You must specifically identify the debt(s)
<br />secured and you should include the final maturity date of such debt(s).)
<br />Norman and Phyllis Seale Heritage Bank note #2310575 of even date herewith
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />01994 Bankers Systams, Inc„ St. Cloud, MN Form COP - REOT -NE 1113199
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