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n <br />X <br />Return To: Loan Department, Ashton State Bank, PO Box 147, Ashton, NE 68817 -0147 <br />Prepared By: Loan Department, Ashton State Bank, PO Box 147, Ashton, NE 68817 -0147 <br />TRUSTOR (Grantor): <br />MARK A SPOTANSKI <br />Spouse of TERESA G SPOTANSKI <br />47221 774TH RD <br />HAZARD, NE 68844 <br />TERESA G SPOTANSKI <br />Spouse of MARK A SPOTANSKI <br />47221 774TH RD <br />HAZARD, NE 68844 <br />TRUSTEE: <br />ASHTON STATE BANK <br />a Nebraska Corporation <br />PO Box 147 <br />Ashton, NE 68817 -0147 <br />BENEFICIARY (Lender): <br />ASHTON STATE BANK <br />Organized and existing under the laws of Nebraska <br />PO BOX 147 <br />ASHTON, NE 68817 -0147 <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />r fe <br />f ' <br />1. 4.0 <br />es w <br />rs) <br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is April 29, 2016. The parties and their <br />addresses are: <br />1. DEFINITIONS. For the purposes of this document, the following term has the following meaning. <br />A. Loan. "Loan" refers to this transaction generally, including obligations and duties arising from the terms of all <br />documents prepared or submitted for this transaction. <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor does hereby irrevocably grant, <br />convey and sell to Trustee, in trust for the benefit of Lender, with power of sale, the following described property: <br />THE WEST 1/3 OF LOT 3, BLOCK 65, ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />The property is located in Sherman County at 217 WEST 3RD STREET, GRAND ISLAND, Nebraska 68801. <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, <br />wells, ditches and water stock, crops, timber including timber to be cut now or at any time in the future, all diversion payments <br />or third party payments made to crop producers and all existing and future improvements, structures, fixtures, and <br />replacements that may now, or at any time in the future, be part of the real estate described (all referred to as Property). This <br />Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been terminated in writing <br />by Lender. <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time and <br />from time to time will not exceed $115,000.00. Any limitation of amount does not include interest and other fees and charges <br />validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of <br />this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security Instrument. <br />MARK A SPOTANSKI <br />Nebraska Deed Of Trust <br />NE /4XXXKAREN00000000009887027N Wolters Kluwer Financial Services ©1996, 2016 Bankers Page 1 <br />Systeme"' <br />N <br />C <br />C73 <br />CD <br />ry rn <br />CP <br />