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<br />State or Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST ~ j . o ~
<br />(With Future Advance Clause)
<br />^ Construction Security Agreement
<br />^ Master form recorded by .............................
<br />1. DATE .AND PARTIES. T.he .date of this Deed of Trust (Security Instrument) is .................1,~ : ~ 02009. _ ...... , , . , , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Lawrence P. Sorensen and Carol D. Sorensen, Husband and Wife
<br />2310 W Anna
<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 88802
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 Narth Webb Raad
<br />PA. Box 5138 Grand Island,,AlE 68802.5138
<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 10 AND THE WEST 30 FEET OF LOT 11, IN BLOCK 3, IN PARKHILL SUBDIVISION, CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />nna
<br />The property is located in ................................H,all................................ at 2.............................................
<br />(County)
<br />........................................................... . ................... G . qd ................. , ebraska ................... .
<br />ray sla N
<br />(Address) (City) (ZIP Cade)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches.. and water stock .its all ~atisting and futttxe impreuements, structuresz. fi7ctures, 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. MAXIMiJM OBLIGATION LIMTT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ $,.8.4.0.~50 ..........................................This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitatioa 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 iu 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 substttutions. (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 />Note ~ 2104803 for $8840.50
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA pR VA USE) -A(page 7 of QJ
<br />° ®1984 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002 //~~' C/i~
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