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<br />State of Nebraska apace Above This Line For Recarding Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />_,.,~ ~
<br />^ Construction Security Agreement ~`
<br />^ Master form recorded by ............................. ~, ~'
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. 04,-15.2010 , , , , , , , , , , , , , , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />SETH NiDRRELL and MELANIE MORRELL, Hushand and Wife
<br />4164 INDIANHEAD 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 />800 W 3RD, PO BOX 349
<br />HASTINGS, NE 68901
<br />13ENEFICTARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />8O0 W 3rd Street
<br />P.O. Box 349 Hastings, NE 68901
<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 (21, BLOCK TW0121, FIRESIDE ESTATES, HALL COUNTY, NEBRASKA
<br />
<br />The property is locaxed in ............................... HALL.............................. at 3417- GRAHAM AVE......................... .
<br />(County) .. .
<br />........................., .................................. , .................. GR . MN ................ , ebraska .......... ........ .
<br />ANOISLA N 6$~Q~
<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. MAXIMUM OBLIt~ATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 9.~,Q40.+~R .........................................This limitation of amou t does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitat~n 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. S)KCURED 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 />PROMISSORY NOTE DATED 4.15-10 MATURING 5.01.15 SECURED BY DEED OF TRUST DATED 4.15-10 ON 3417 GRAHAM AVE, GRAND
<br />ISLAND, NE
<br />NEBRASKA -DEED OF T~~UST (N4T FOR FNMA, FHLMC, FHA OR VA US@) ._ / -„ (pag
<br />~~"' ©1994 Benkei s Systems, Inc., St. Cloud, MN Form RF-nT-NE 1130/2002 ~Y~ rJ__I_! 1/(
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