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<br />200602284
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.................,.........,.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ,9,~:Q~.~9,Q~""",...,.......,,",....,..,
<br />the parties and their addresses are:
<br />
<br />..< l^ iN
<br />
<br />State of Nebraska
<br />
<br />1.
<br />
<br />TRUSTOR:
<br />Starostka Group Unlimited, Inc., A Nebraska Corporation
<br />PO Box 5316
<br />Grand Island, NE 68802
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additioual Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 68801.5138
<br />
<br />BENEFICIARY:
<br />Heritage Bank
<br />Qr.ganizadand -BX.i.stius--under: tb.eJawt otthe state of Nebraska
<br />1333 Nmh Webb Road--- -,,' """""",,,,,,,,--,",,,~-,\~,;,,,;:::,;~,,,;,,,,,,;,,",,,-
<br />P.O. Box 5138 Grand Island, NE 68802
<br />
<br />. . ,,"I'<I;\'~!,;.. .
<br />
<br />.'~""':";;;'~'.
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Deht (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the henefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT ONE (l) AND LO'T TWO' (2) JO'HN VO'ITLE'S SECO'ND SUBDIVISIO'N TO' THE CITY O'F
<br />GRAND. ~SLAND. NEBRAS~
<br />
<br />The property is located in H~I!..........................,...........................""..... at ..............................................
<br />(County)
<br />..... ......................... .............................., .~.r.a.~~.I.~I.~~~.,......................". '........., Nebraska . ~.~~.Q~... _ _..,.......
<br />(Address) (City) (ZIP Codc)
<br />
<br />Together with all rights, easements, appurtenances, rOY<lllies. 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, he part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ .?~9!9.Q9:~9..................................... . Tbis limitation of amount docs 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 />
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the temlS of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions, (Yoll must spec(fically ident(fy the
<br />debt(s) secllred and YOIl should include the final maturity date of such debt(s).)
<br />Heritage Bank Loan number 2103570 & 2103571
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~@ @ 1994 Bankors Systems, Inc., St, Cloud. MN Form OCP-REDT-NE 0/10/2005
<br />
<br />----L2S (P<lgB 1 of 4)
<br />
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