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<br /> f'I State of Nebraska Space Above This Line For Recording Data ?
<br />
<br />
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D 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:Q~.ZO.Q7.................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />..<0,50
<br />
<br />TRUSTOR:
<br />
<br />Derek T. Hempel, A Single Person
<br />2224 W 1st Street
<br />Grand Island, NE 68801
<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 Six (61, Block Seventeen (17l, Bakers's Addition to the City of Grand Island, Hall County, Nebraska.
<br />
<br />The property is located in ............................... .Hall................................ at n7.4.W.J~.t. ~V.~~L........................
<br />(COlUlty)
<br />............................................................, ................... Gr.alJd.lslalJd.................., Nebraska ....... .e~eJn........
<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:ind all existing and future impfovemetits, '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 $ ~,.17 4..50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 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 Instrwnent to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrwnent.
<br />4. SECURED DEBT AND ruTURE 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 toot you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Heritage Bank loan in the amount of 8,175.50 matures 3/15/2010 in the name of Derek T Hempel
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />
<br />--I:J11L (page 1 of 4)
<br />
<br />~ @1994 BanKo" Systoms, Inc.. St. Cloud. MN Form RE-DT.NE 1130/2002
<br />
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