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<br />
<br />State or Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................O.~..22:.~O~l?.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />~o. S CJ
<br />
<br />TRUSTOR:
<br />
<br />Darin D. Jares and Janice l. Jares, Husband and Wife
<br />4690 E Seedling Mile RD
<br />Grand Island, NE 68801
<br />
<br />o If checked, refer to the attached Addendum 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 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, Schaaf's Fifth Subdivision, Hall County, Nebraska
<br />
<br />The property is located in ............................... Hall... .. .. .. .. ..... ............. ... at ~W~.Q I $.~~~!ing .M.i.I~.~.Q.. .. .. .. .. .. .. .....
<br />(Comity)
<br />
<br />. . . . ..... . . . ... . . ... . . . . . .. . . .. . . . . . . . . . .. . . .. . ............., ................... G(aod Islaod ........... . . . . . . ., Nebraska ....... .l?aaQ J.
<br /> . . . . . ..
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stbclCand all exiSting and murre improvemenls, - strucftiies,TlXtiii'es, arid 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. MAXlMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 2.0,000,0.0....................................... . 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. (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 8500 matures 09/22/2011 in the name of Darin D and Janice L Jares
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @1994 S.nk.,. Systems. Ino.. St. Cloud. MN Form RE-DT-NE 1/30/2002
<br />
<br />;@L',pag. djJ
<br />
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