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201300709
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1/29/2013 8:36:29 AM
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1/29/2013 8:36:29 AM
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DEEDS
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201300709
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CI <br />• t <br />y <br />0 <br />0 <br />cD <br />CO <br />!. <br />as TRUSTOR, <br />DEED OF TRUST <br />as Trustee, Platte Valley State Bank & Trust Co, 2223 2 Ave, Kearney, NE 68847 <br />THIS DEED OF TRUST made as of the 17th day of Januaryy, 2013 between BRADLEY J <br />KELLY, TRUSTEE OF THE BRADLEY J KELLY REVOCABL LIVING TRUST DATED MAY 6, <br />2005, AS AMENDED AND AMBER L KELLY TRUSTEE OF THE AMBER L KELLY REVOCABLE <br />LIVING TRUST DATED MAY 6. 2005. AS AMENDED <br />as Beneficiary: Platte Valley State Bank & Trust Co, 2223 2 Ave, Kearney, NE 68847 <br />WITNESSETH: <br />That Trustor irrevocably grants, transfers and assigns to Trustee in trust, with power of sale, the following described <br />property: <br />LOT SIX (6), REGENCY BY THE GREEN SUBDIVISON, AN ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />together with all interest which Trustor now has or may hereafter acquire in and to said property and in and to: (a) all <br />easements and rights of way appurtenant thereto; and (b) all buildings, structures, improvements, fixtures, equipment, <br />furnishings and appurtenances now or hereafter placed thereon, it being intended and agreed that all classes of property <br />attached or unattached, other than consumable goods, used or to be used in connection with said property, are <br />conclusively deemed to be affixed to and to be part of the real property that is conveyed hereby. Trustor agrees to <br />execute and deliver, from time to time, such further instruments as may be requested by Beneficiary to confirm the lien <br />of this Deed of Trust on any of the aforementioned property. The property so conveyed to Trustee hereunder is <br />hereinafter referred to as such property ". <br />The Trustor absolutely and irrevocably grants, transfers and assigns to Beneficiary the rents, income, issues, and <br />profits of all property covered by this Deed of Trust. <br />FOR THE PURPOSE OF SECURING: <br />1. Pa ent of the principal sum of $127,000.00 evidenced by that certain promissory note dated of even date <br />herewith hereinafter referred to as the Promissory Not in the original principal amount of $127,000.00 issued by <br />Trustor and payable to the order of Beneficiary, together with interest thereon, fate charges, and prepayment bonuses <br />according to the terms of the Promissory Note and all renewals, extensions, and modifications thereof. <br />2. Performance, discharge of and compliance with every obligation, covenant, and agreement of Trustor <br />incorporated by reference or contained herein or in any other security agreement or deed of trust at any time given to <br />secure any indebtedness hereby secured, or any part thereof. <br />3. Payment of all fees and charges of Beneficiary, whether or not set forth herein. <br />This is a CONSTRUCTION SECURITY AGREEMENT that secures an obligation which the trustor incurred for the <br />purpose of making an improvement on the Real Estate. <br />MORTGAGE LOAN DEPARTMENT <br />4 z et <br />CONST DEED OF TRUST PI <br />ice_+ n <br />—4 <br />N <br />O <br />co <br />
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