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<br />State of Nebraska Space Above This Line For Recording Data
<br />.....
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />(N Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..............Q6- ,11,2002.•,• „•,;',•,•U'
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: David W. Parlin and Mary F. Perlin, Husband and Wife
<br />1415 Lilly Street
<br />Wood River, NE 68883
<br />503.60.2951, 503. 60.7485 ”
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />110 East 9th Street
<br />Wood River, NE 68883
<br />47. 0098350 _
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood Rivet, NE 68883
<br />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 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 13, Thelon Subdivision, First Addition, to the City of Wood River, Hall County, Nebraska.
<br />The property is located in .. ::: Hall ..:::...... ::.. .......:: at E•:QW0.S%AQ1... ................
<br />(County)
<br />Wood River .................... Nebraska .... 68883........
<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. MAXD49 M OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 10100. 0, 00 ....... ............................... 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.)
<br />Heritage Bank Loan in the amount of $130,000 dated June 11, 2002 in the name of David and Mary Perlin.
<br />NEBRASKA • DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) Ipage 1 of 4)
<br />©1994 Bankers Systems, Im., St, Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/2]/9] • + : ` • j 1 }# ki t a
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