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<br />
<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />......,-----
<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 Instrwnent) is ..................Q~:J.1:~Q9~.................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />~s;s
<br />o
<br />
<br />TRUSTOR:
<br />
<br />KIPP l. PFEIFFER, A Single Person
<br />3900 E BARROWS RD
<br />TRUMBULL, NE 68980
<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 />800 West 3rd
<br />Hastings, NE 68901
<br />
<br />BENEFICIARY:
<br />
<br />Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />800 W 3rd Street
<br />P.O, Box 349 Hastings, NE 68901
<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 InstrwneDl, 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:
<br />
<br />SEE ATTACHED EXHIBIT 'A'
<br />
<br />The property is located in ............................... HALL. . . . . . .. .. .. .......... . . ........ at .1Mp.~.~ JQ.G~~T.~J . . .... . . . . . . . .... . . . . . . .
<br />(County)
<br />
<br />. . . . . ..... . . ... . . . . . . ...... . .... . . . . . . . . . . . . . .. . . . .. . . . . . . . ., ......,..... ...... .1l0NIP.I:IAR.. . . . ............ .., Nebraska ........ ~.~e~.4... . .. . .
<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 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 amOUDl secured by this Security Instrwnent at anyone time shall
<br />not exceed $ 72,.~OP..P.Q........................................ . This limitation of amount does not include iDlerest and other fees
<br />and charges validly made pursuant to this Security InstrwneDl. 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, etc.)
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ ,~199~ ~~~era SY!'tep's, tnc" St. Cloud, MN Forrn RE-DT-NE 113012002
<br />
<br />/"0'0(4)
<br />
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