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1_ <br />3 <br />State of Nebraska <br />i <br />C <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />[X Construction Security Agreement <br />Master form recorded by .......................•..... <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................ 08.05 -2002, , , . , , , . <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: Nick S. Happold and Tracy R. Happold, Husband and Wife <br />8563 S Shady Bend Road <br />Doniphan, NE 68832 <br />507.11.3105, 480 - 88.8878 <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 Sixth Street, PO Box 406 <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: Lot 1 Happold Subdivision Hall County Nebraska <br />Theproperty is located in ............................... HA IJ. ............................... at .............. ............................... . <br />(County) <br />............................. ............................... . .................... Roni Kan.................... , Nebraska ........08$32 ....... <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 $ 1. 3Q, O. QQ, QQ ...... ............................... 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 to Nick S Happold & Tracy R Happold, husband & wife, dated 8.5.02. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) /)� # (page of 4J <br />Ej(�j- M ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1i3b/2G02 : Y N <br />iii <br />° <br />0 U) <br />O <br />m G- <br />o --t <br />� <br />N <br />N <br />----) <br />z <br />M <br />k <br />1-4 <br />--4 m <br />O <br />rn <br />r � <br />� � <br />c � <br />° <br />C7 <br />O <br />(n <br />f <br />� ♦ <br />� <br />Z <br />� <br />t'� <br />CD <br />r s <br />o <br />= m <br />_ <br />M <br />C,J <br />i <br />N <br />Cn <br />N <br />;K <br />"� <br />CD <br />D <br />M <br />=3 <br />CT> <br />O <br />C <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />[X Construction Security Agreement <br />Master form recorded by .......................•..... <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................ 08.05 -2002, , , . , , , . <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: Nick S. Happold and Tracy R. Happold, Husband and Wife <br />8563 S Shady Bend Road <br />Doniphan, NE 68832 <br />507.11.3105, 480 - 88.8878 <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 Sixth Street, PO Box 406 <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: Lot 1 Happold Subdivision Hall County Nebraska <br />Theproperty is located in ............................... HA IJ. ............................... at .............. ............................... . <br />(County) <br />............................. ............................... . .................... Roni Kan.................... , Nebraska ........08$32 ....... <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 $ 1. 3Q, O. QQ, QQ ...... ............................... 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 to Nick S Happold & Tracy R Happold, husband & wife, dated 8.5.02. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) /)� # (page of 4J <br />Ej(�j- M ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1i3b/2G02 : Y N <br />