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<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 dale of this Deed of Trust (Security Instrument) is ...... ........... .1.1,.o.1:7.oQ6, . . . . . . . . . .. .. , . . .
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />BRIAN L. HAYES AND JULIE L. HAYES, HUSBAND AND WIFE
<br />POBOX 36
<br />WOOD RIVER, NE 68883
<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 />FIRST STATE BANK
<br />119 C STREET, POBOX 639
<br />SHELTON,NE 68876
<br />
<br />BENEFICIARY: FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />119 C STREET
<br />
<br />PO SGX 633 SHELTON,,.E saS7S
<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 perfonnance 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: LOTS FOUR (41 AND FIVE (5~N CLARK'S ADDITION TO THE VILLAGE OF WOOD RIVER, HALL COUNTY, NEBRASKA
<br />IN BLOCK FIVE (5)
<br />
<br />The property is located in ............................... H4~~. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. at ?.1.~ pqpp ~.1~~~.~ . . . . . . . . . . . . . . . . .
<br /> . . . . . . . . . . .
<br />(County)
<br />
<br />. ..... . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . , ..... . . . . . . . . . ., .............:..... .W.OOD RIVER... . , ... . ....... .. ., Nebraska ........
<br /> .E\~~~~.. . .. . . . .
<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, dikhes,~'aifdwate-f-swckandalnxIstin'g aii(rfumrc-lmprovcmt:nt~r, structufes ,fi){tiite~~ ,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 LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 2P.Q,P.QQ..QQ........................................ . This limitation of amount docs not include interest and other fees
<br />and charges validly made pursuant to this Security Instrwnent. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perfonn any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tenn "Secured Debt" is defined as follows:
<br />A. Debt incurred under the temIS 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 HAYES HOME IMPROVEMENT, INC. DATED 11/0112006 FOR AN ORIGINAL PRINCIPAL AMOUNT OF $180,000.00
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />~ (91994 Sonko" Systems, Ino.. St, Cloud, MN Form RE~DT.NE 1f~Of2002
<br />
<br />(page 1 of 4)
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