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<br /> 1� State of Nebraska Space Above�WS Line For Recording Data �
<br /> �'� DEED OF TRUST 98...1(�3145
<br /> (With Future Advance Clause) , `\
<br /> ❑ Construction Security Agreement
<br /> .�
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......�,r.c'�h.,30�, 1998 `Q.S�
<br /> ... ................... \
<br /> and the parties, their addresses and tax identification numbers, if required, aze as follows: `'
<br /> TRUSTOR: T�� D• KNUDSE�T ELIZABE'IH R, KNUDSII�T
<br /> AS HiJSBArID ArID WIF'E AS FiI.TSBArID ADID VJIFE
<br /> 2217 ARROWf�D RQAD 2217 � R(l�D
<br /> GRAI�ID ISLAl�ID, NE 68801 C�i�ID ISLAI�ID, NE 68801
<br /> Social Security #: 490-72-2225 Social Security #: 453-21-9665
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF WOOD RIVER
<br /> PO �OX 487
<br /> Vd00D RIVER, NE 68883
<br /> Ta�ayer I.D. #: 48-0098350
<br /> BENEFICIARY:BANK OF TnT00D RIVER dba HERITAGE gANK �ID ISI,Al�ID
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. HOX 513£i
<br /> GR�1D ISL�AI�ID, NE 68802
<br /> Ta�ayer I.D. ##: 47-0098350
<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 inevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br /> property: � � (lp) � gLpCK Zy�p (2� � REpLAT OF RIVERSIDE ACT2E',S, CITY OF Q�A1�ID
<br /> ISLAI�ID, I�P,LL COiJNTY, NEBRASKA.
<br /> The property is located in��............................................................. at
<br /> 2217 (Counry) ..............................................
<br /> ARROY�AD ROAD GRAl�ID ISL�I�ID .......................... Nebraska 68801
<br /> ...................................................... ..........................
<br /> (Address) •••••••••••••••
<br /> �C��'� ......(ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and ripazian
<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 refened to as "Property").
<br /> 3• MAXIMiJM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $ 62.,361.,89...,_. . This limitation of amount does not include interest and other fees
<br /> . . . .
<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 FLJTURE 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 /> AMOi�]T OF 6I 273 31,D9, DATID MARC�i 3 0,�1 8 S�C'[JR�ID g�A DEm OF 'IRUST� 22 7�
<br /> ARR.OV�.AD RD, GRAI�ID ISL�Al�ID, NEBRA.SKA
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE)
<br /> ' -; (�e$e 1 ot 41
<br /> m1994 Bankers Systems,Inc.,St.Cloud,MN (7-800-397-2341) Form RE-DT-NE 10/27/97 '
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