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~' c~ m <br />~Iwr ~ ~ ~1 ~ R1 ~- '~ n a"J <br />N- ~~~ O ~ ~ ~ ~~ ~ v <br />~~ ~ ~ ~ N a ~ ~ ° ~ <br />~~ e~~ _ ~ ~ ~ ~~ ~ <br />N ~'~'~ <br />^~ F--r <br />C~ ~ !~ $~ <br />~~ N <br />State o[ Nebraska Space Above This Line For Recording Data i (~ <br />DEED OF TRUST a~D-5 <br />(With Future Advance Clause) <br />^ Construction Security Agreement <br />^ Master form recorded by .•--------------•----••----•• <br />1. PATE Ah~ .i°AI~T~S.. ,The c.at~~ of. tltis _.Der~ caf :d'ru»;.. (;iecurity Ir~strument;- is :........... . ..... 0?.2?-2n1 C................. . <br />and the parties, tt:ei. addresses and tax identification numbers, if required, are as follows: <br />"l'RUS'1'OR: DAVID L. STAROSTKA, A MARRIED PERSON <br />Christine A. Starostka, A Married Person <br />PO Box 5316 <br />Grand Island, NE 68883 <br />^ if checked, refer to the attached Addendum incorporated herein, for additional 1"rustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Heritage Bank <br />1333 N Webb Road <br />brand Island, NE 68803 <br />I3ENEFICIARY: Heritage Bank <br />Organized and existing under the laws of the state of Nebraska <br />1333 North Webb Raad <br />_... -- P.C. Bax 51.;8 Grand Is:.nd; fiE 68832 -- .....-- _.. <br />2. CONVEYANCE. Por 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 dcscrihed <br />property: I_ot Two (21, Block One (11, Ponderosa Lake Estates Fifth Subdivision, an Addition to the City of Grand Island, Hall County, Nebraska <br />4 an erase rive <br />The property is located in ................................Hall ................................ at 4 ........................................... . <br />(County) <br />........................................................... . .................... d................... , ebraska ...................... <br />brand Ilan N <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all waCcr and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and repiacernenis that may <br />now, or at any time in the future, be part of the real est<zte described above (all referred to as "l'roperiy"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amounC secured by this Security Instrument at any one time shall <br />not exceed $ 115,pQQ.,QQ,, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,,, , ,,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 Co 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 t{ie debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />Heritage Bank loan #2104953 dated 3122110 due 611110. <br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ~ ~ (page 1~o~f 41 <br />er~M ©1994 bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1 /3 012 0 0 2 r <br />t ; k , <br />