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<br /> State of NebrllSka Space Above This Line For Recording Data .:< J. d-u
<br />
<br />'-----
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by .............................
<br />DATE AND PARTIES. The dateof-1his Deed of Tl1.lSt (Sfi'Cllfity"loslfWnent) is ......H'..~.. ._. ..Q.4:l~:,20Q~.................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />.1.
<br />
<br />TRUSTOR:
<br />
<br />Thomas J. Best and Trudy Best, Husband and Wife
<br />418 South Tilden
<br />Grand Island, NE 68801
<br />
<br />D 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. BDX.513fLGumd Island, NE 68802,513~
<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: lots Nine 191 and Ten 1101, Block Fifty. Four 1541, Charles Wasmer's Third Addition to the City of Grand Island, Hall County,
<br />Nebraska
<br />
<br />The property is located in ............................... .Hall. . . . . . . . . . . . . . . . . . .. . . . . . . . . . . .. at ~ 1~. .&9~.t.~ .1i.l~.~~. . . . . . . . . . . . . . .
<br /> . . . . . . . . . . . .
<br />(COWlty)
<br />
<br />............................................................, ................... Gr.lIod 1~lllOd.................., Nebraska....... .e~eQ 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, ditchcs, 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 Instrwnent at anyone time shall
<br />not exceed $ ~Q,OJ:iO,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 tenns of this Security Instrwnent to protect Beneficiary's security and to perfonn 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 aU 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 />
<br />NEBRASKA. DEED OF TRUST INOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />~ @'994 Bankers Sy.tem.. Ino.. St, Cloud, MN Form RE.DT.NE 113012002
<br />
<br />1tJ- (pa~
<br />
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