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<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST 9D,60
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />D Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrwnent) is ................. O.Q: 1 ~'~O~?....... . . . . . .....
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />State of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />Chris P. Woodward and Keely K. Woodward, Husband and Wife
<br />2215 W Phoenix
<br />Grand Island, NE 68803
<br />
<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 />1333 N Webb Road
<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. Por 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 Four (4), in Block Eight (81, in Parkhill Second Subdivision, an Addition to the City of Grand Island, Hall County, Nebraska
<br />
<br />The property is located in ............................... .l:Ia.lI................................ at 7.4.1.~.V'H!1.Q~rj~............................
<br />(County)
<br />
<br />............................................................, ................... G(1I0d ISI!lod..................., Nebraska....... .e~eQ3........
<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. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ .1.08,000..00...................................... . This limitation of amount does 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 Instrwnent to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrwnenl.
<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 $108,000.00 matures 7/1/2008 in the name of Chris P Woodward and Keely K Woodward
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @1994Bonko,.Systoms.lno" St. Cloud, MN Form RE-DT-NE '/301~OO~
<br />
<br />~ (P8PL ~ of 4)
<br />,0. Ie v.:>.
<br />
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