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<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause) .20, .s .::J
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. Thedateof-ttris-Deedof-Ttust (Security Instrument) is .................J.1:4~..40.Q~.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />State of Nehraska
<br />
<br />TRUSTOR:
<br />
<br />Margaret E. Larson and Jerome Q. Larson, Husband and Wife
<br />7329 W Husker Highway
<br />Aida, NE 68810
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<br />o If checked, refer to the attached Addendwn incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />Heritage Bank
<br />110 E. 9th Street, PO Box 487
<br />Wood River, NE 68883
<br />
<br />BENEFICIARY:
<br />
<br />Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.QcBox 48] _Wood BiYer,NE fifiB83
<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: The Northwest 1/4 of the Northeast 1/4 of Section 31, Township 11 North, Range 10 West of the 6th P.M., Hall County,
<br />Nebraska and The East 1/2 of the Northwest 1/4 of Section 31, Township 11 North, Range 10 West of the 6th P.M., Hall County,
<br />Nebraska.
<br />
<br />The property is located in ............................... .I:fidl................................ at 7.~?~.W .~.4~~~.r. ~.ig.~\!I!~Y...................
<br />(ComIty)
<br />
<br />............................................................, ....................... AIda......................., Nebraska....... .6ae.1.0........
<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 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. MAXIl\flJM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ n~JQOQ..QO...................................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuaffi to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the tenus 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 tenns 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 $138,000.00 in the name of Margaret E. Larson and Jerome Q. Larson dated November 24,
<br />2006.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />~ @1994BankorsSystoms, lno.. St, Cloud, MN Form RE-DT-NE 1/30/2002
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<br />(page 1 of 4)
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