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<br />State of NebrllSka
<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 fonn recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrwnent) is .................O.~..O~:.~O.Q7.................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />Robert Stretch and Carissa Stretch, Husband and Wife
<br />302 E 5th Street
<br />Wood River, NE 68883
<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 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 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) and the North Half of Lot Five (51, Block Two (2), First Addition to Cairo, Hall County, Nebraska
<br />
<br />The property is located in .............................. ..I:tAU.. .......... ................ .... at ~Q~. J~~.~~ .~~.. .. .. .. .. .. .. .. .... ...........
<br />(County)
<br />
<br />............................................................, ....................... C.lliJll......................., Nebraska....... .Q~eZ4........
<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 aU existing andfulUre 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 refe"rred to-as ~Property").
<br />
<br />3, MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrwnent at anyone time shall
<br />not exceed $ P.1.0QO,O.Q....................................... . 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 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, ete.)
<br />Heritage Bank loan in the amount of 61,000 matures 03/13/2008 in the name of Robert and Carissa Stretch.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />~ @1994BonkorsSystoms. Ino.. St. Cloud, MN Form RE-DT-NE 1/30/2002
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