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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
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<br />(With Future Advance Clause)
<br />o Constructioli Security Agreement
<br />o Master fonn recorded by ............................. ~
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrwnent) is ....................: l;l..~O~~.................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
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<br />TRUSTOR:
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<br />_ State or Nebraska
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<br />Heritage Bank
<br />1333 N Webb Road PO Box 5138
<br />Grand Island, NE 68802.5138
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<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
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<br />o If checked, refer to the attached Addendwn incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
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<br />TRUSTEE:
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<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 Instrwnent" 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, Logan's Subdivision, Hall County, Nebraska
<br />
<br />200604429
<br />
<br />BrentJ Schimmer, A Single Person and Jennifer Thompson, A Single Person
<br />429 E Stolley Park Road
<br />Grand Island, NE 68801
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<br />The property is located in ............................... .~a.II................ .....'........... at ~.~P.4.~. ~'4~r.~~~~....................... ..
<br />(County)
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<br />............................................................, ................... Gr.lIOtl.I$llll1d.................., Nebraska....... .~l:\~Q ,........
<br />(Address) (City) (ZIP Code)
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<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 />
<br />3. MAXIMUM OBLIGATION LIMTf. The total principal amount secured by this Security Instrwnent at anyone time shall
<br />not exceed $ 152..QOQ..QO...................................... . 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 Instrwnent to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrwnent.
<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 />Heritage Bank Loan in the amount of 152000 matures 0211212007 in the names of Brent J Schimmer and Jennifer Thompson
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @1994Bonkoro System., In~.. S,. Cloud. MN Form RE-DT-NE 1/30/2002
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