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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST Cdr sv
<br /> (With Future Advance Clause)
<br /> ® Construction Security Agreement
<br /> ❑ Master form recorded by
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................(1 zQg9.................
<br /> and the parties, their addresses and tax identification.pumbers, if required, are as follows:
<br /> TRUSTOR: Charles E. Fox and Mary A. Fox, Husband and Wife
<br /> 3115 South North Road
<br /> Grand Island, NE 68803
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: Heritage Bank
<br /> 1333 N Webb Rd, PO Box 5138
<br /> Grand Island, NE 68802
<br />
<br />
<br /> BENEFICIARY: 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: Lot Two (2), Ponderosa Lake Estates Sixth Subdivision in the City of Grand Island, Hall COunty, Nebraska.
<br />
<br />
<br />
<br />
<br />
<br />
<br /> 0 Ponderosa r
<br /> The property is located in ................................Hall at 8....................... ,
<br /> (Co-ty)
<br /> , ebraska OR 00
<br /> Rod Islettd N
<br /> (Address) (City) (ZIP Code)
<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 /> 3, MAXBIUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $ 4.09,000M 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 Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br /> Security Instrument.
<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 /> Debt is for construction of new primary residence at 80 Ponderose Drive, Grand Island, NE 68803
<br /> NEBRASKA - DEED OF TRUST !NOT FOR FNMA, FHLMC, FHA OR VA USE) ~ ~ (Jpage_I of 4)
<br /> fj~M 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002 A a -
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