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<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 form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................J.Q-.O.1:.20Q7.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />State of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />T odd Richard Russell, A Single Person
<br />1 0287 South locust
<br />Doniphan, NE --&8afffi 4:>g8' 32' ~
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<br />o If checked, refer to the attached Addendum 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 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: See attached exhibit A
<br />
<br />The property is located in ............................... .~AII................................ at .1.Q?~7. .~9~.t.~ .~q~~.s.t........................
<br />(County) 7?2
<br />O . h . '&:~(/)J 32'.
<br />............................................................, ..................... .QlJijl.lln...................., Nebraska....... .Y......... .J... --
<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 thaI 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 $ 2.o.0Z~,~.Q....................................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to Ihis 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 perfonu any of the covenants contained in this
<br />Security Inslrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tenu "Secured Debt" is defined as follows:
<br />A. Debt incurred under the tenus 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 $25,025.50 matures 04/05/2008 in the name of Todd Richard Russell
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @1994 Bank.r. System., Inc.. St. Cloud, MN Form RE-DT-NE 1130/2002
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