<br />Space Above This Une 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 Instrument) is .................Q:4..14.ZQQ~.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />TRUSTOR:
<br />
<br />Gene L. Freeman and Theresa I. Freeman, Husband and Wife
<br />318 N 4th Street
<br />Doniphan, NE 68832
<br />
<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:
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<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 perfonnance 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 Forty (401, Bison Meadows Subdivision One, Village of Doniphan, Hall County Nebraska
<br />
<br />The property is located in ............................... .I:I.l1I1. .. . . .. .. .. .. .. . . . .. .. .. .. . . . ... at ~.1~. N .~~~. ~V.~~L. .. .. .. .. . . . .. .. .. .. . . . .
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<br /> . . . . . . .
<br />(Address) (City) (ZIP Code)
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<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 $ J.4.a67, J.~..... . .. .. ................... . . . . .. .... . 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 tenns of this Security Instrument to protect Beneficiary's security and to perfonn any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tenn "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 />Universal note dated 4/14108 for $14,967.13 maturing 4/15/2015
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @1994 Banke,. Sy.tem.. Inc., St. Cloud, MN Form RE-DT.NE 1/30/2002
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