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<br /> State oP Nebraska Space Above 'T'his Line For Recording Data
<br />_..._. _.
<br />--
<br />DEED OF TRUST
<br />,~za. ~~
<br /> (With Future Advance Clause)
<br /> ^ Construction Security Agreement
<br /> ^ Master form recorded by .............................
<br /> 1. DATE AND PARTIES. Tlie
<br />......
<br />date of this Deed of Trust (Security Instrutneut) is
<br />........... OB.09•~0:'(Q ....
<br />....... ........:.: :.
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: David L. Schriner, A Single Person
<br />1604 W White Cloud 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 />133 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 North Webh Road
<br />P.O. Box 5138 brand falarnl R1E 138801'=5~8- .-_. - _ _
<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: Lat One 111, B Z Subdivision, Hall County, Nebraska
<br />The property is located in ................................Hall ............... ............. at 1604,W White,Cloud Road ............... ,
<br />(co>.>rty> .... ..........
<br />............................................................. ...................Grat~dlsland................. ,Nebraska ........6$$0~........
<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 stuck and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, 6e part of the real estate described above (all referred to as "Property").
<br />3, MAXIM[JM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 4a.OR9,U.Q ........................................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), coptract(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' namQS, note amounts, interest rates, maturity dates, etc.)
<br />LOC of equal date with original maturity date of 12.14.2010
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~--^/-~~M ®1994 8ankara Systems, Inc., St. Clmud, MN Ferm RE-DT-NE 113 012 0 0 2
<br />/~~/~(page 1 of 4J
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