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<br />State of Nebraska Space Above This Line For Recording Data` —
<br />DEED OF TRUST
<br />(With Future Advance Clause) � ��
<br />� Construction Security Agreement ���'� I
<br />❑ Master form recorded by ............................. �
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is . . . .. . . .. .. . .. . . . 03 24-2011, , . , , . , , , . , , , , , , , ,
<br />and the parties, their addresses and tax identificationnumbers, if required, are as follows:
<br />TRUSTOR: DAVID SAUTTER and BROOK SAUTTER, Husband and Wife
<br />433 SALEM RD
<br />BOELUS, NE 68820
<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
<br />Grand Island, NE 68803
<br />BENEFICIARY: Meritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North We6b Road
<br />P.O. Box 5138 Grand Island, NE 68802
<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 TW0121, BLOCK ONE (11, CENTURA HILLS EAST SUBDIVISION, IN THE VILLAGE OF CAIRO, HALL COUNTY, NEBRASKA
<br />The property is located in ...............................HA�1-................................ at 1012 BIRDIE,BLVD
<br />(County)
<br />. .. . . . . .. . .. . .. . .. .. . . .. . . . .. . . . : .. . .. . . .. .. . .. . . .. . .. . .. . . . . .. . .. . ... . .. ... . .. . . . .. . . .. . . . .. . . . . . . . .. . . .. , Nebraska .. . . . . . .. .. . .. . .. . . . . . .
<br />G4URQ
<br />(Address) (Ciry) (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 OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ �2-440; O,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), 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. J
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ��PS��
<br />�"' OO 1994 Bankets Systems, Inc., St. Cloud, MN form RE-DT-IYE t/30/2002
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