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<br />State of Ne�raska 3pace Above Tbls I,iae For Recording Data
<br />DEED OF TRUST 3� � oa
<br />(Wfth Future Advance Clause)
<br />❑ Construction Secarity Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PAR.TIES. The date of this Deed of Trust (Securiry Instniment) is . . 10•08•201 Q, , , , , , , , , , , , , , , , ,
<br />....................
<br />and the parties, their addresses and tax identification nurnbers, if required, are as follows:
<br />TRUSTOR: Ted M. Schultz and Sanya Schultz, Husband and Wife
<br />102 W 13th
<br />Waad River, NE 68883
<br />❑ If checked, refer to the attached Addeadum iucorp6rated herein, for additional Trustors, the'rr signatures and
<br />ackuowledgments .
<br />TRUSTEE: Heritage Bank
<br />11D E. 9th Street, PO Box 487
<br />Wood River, NE 68883
<br />BENEFICIARY; Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Wehb Raad
<br />°.�. Boz 5138 Gram! Island, NE 68902-513n
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is ackuowledged, 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 Beueficiary, wiCh power af sa1e, the following described
<br />praperty: LOT 1, EXCEPT 1'HE NORTHERLY 85 F�ET TMEREOF, AND THE EAST 25 FEET OF LOT 2, EXCEPT THE NQRTHERLY 85
<br />FEET THEREOF, IN BLOCK 4, DOdp AND MARSWALL'S ADDITION TO WDOD RIVER, HALL COUNTY, NEBRASKA.
<br />The property is located in .......................:........N��I..................... ... at 1q2 W,
<br />, (councy) .... ....
<br />............................................................. ....................�1�100l�f11�48f..................., Nebraska ........�$$8�........
<br />(Address) (Ciry) (ZIL' Code)
<br />Tagether with a11 rights, easemeats, appurtenances, royalties, mineral rights, oil and gas rights, all water and ri�ariaa
<br />righcs, 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. MAXIMLTM OBLIGATION LIMIT. The total principal amount secured by this Securiry Iastnxment at any one time shall
<br />not exceed $ 3.$.9AQ ....................................... . This limitation of amount does not include 'rnterest and atlier fees
<br />and charges validly rnade pursuant to thrs Security Instrument. Also, this liznitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's securiry and to perform any of the covepauts contained in this
<br />Securiry Instrument.
<br />4. BECURED DEBT AND FUTLTRE ADVANCES. The term "Secured Debt" 'rs defined as follows:
<br />A. Debt iacurred under the terms of a11 promissory aote(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and a11 their extensions, renewals, mod'rfications or substitutious. (When referencing the debts below it is
<br />suggesred rhar yau include items such as borrowers' nemes, nore arndunts, interest rates, maturiry d�tes, etc.)
<br />Note of Equal date for S33,OD0 with original maturity date of 10-19•2015
<br />NEBRASKA - DEED OF TRUST (NOT FOR PNMA, FMLMC, FHA OR VA USE)
<br />�'" � 1994 8ankera Syatems, Inc„ St. Claud, MN Form RE-pT-NE 1/30/2002
<br />� (page 1 of 4J
<br />�
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