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<br /> 200512398 Z
<br /> ~ 0
<br /> State of Nebrlllika Space Above This Line For Recording Data
<br />
<br />
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master fonn recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................J.2-.W-20.Q~.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />~ tJ. ~O
<br />
<br />TRUSTOR:
<br />
<br />Corrine R. Reeder and Randy Reeder, Husband and Wife
<br />401 N 4th Street
<br />Doniphan, NE 68832
<br />
<br />o If checked, refer to the attached Addendwll incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />Heritage Bank
<br />1333 N Webb Road PO Box 5138
<br />Grand Island, NE 68802.5138
<br />
<br />BENEFICIARY:
<br />
<br />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 68802.5138
<br />
<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 perfonuance 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 Nine (91, Bison Meadows, Village of Doniphan, Hall County, Nebraska
<br />
<br />The property is located in .............................. ..~AII........... . . . . . . . . . . . .. . . . . . . .. at ~Q .1. N .1*. ~V.~~L . . ......... ... ...... .. . . . .
<br />(COlUlly)
<br />
<br />............................................................, .................... .O.QoUibllll...................., Nebraska....... .e~e~2........
<br />(Address) (City) (ZIP Cooe)
<br />
<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 ofthe real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrwnent at anyone time shaH
<br />not exceed $ ~.Q.OQO,0.Q....................................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security lnstrwnent. Also, this limitation does not apply to advances made under
<br />the tenus of this Security Instrument to protect Beneficiary's security and to perfonu any of the covenants contained in this
<br />Security Instrwnent.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tenu "Secured Debt" is defined as foHows:
<br />A. Debt incurred under the terms of aH promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and aH their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested tlult you include items such as borrowers' names, note amounts, interest rates, mnturity dates, etc.)
<br />Heritage Bank loan in the amount of 40,000.00 matures 12/16/2010 in the name of Conine R and Randy H Reeder
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @'994 B.nkers Systems. Ino.. St. Cloud. MN Form RE-DT-NE 1/30/2002
<br />
<br />(J (C (P~!f(
<br />
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