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Return To: Loan Administration Department, First State Bank, PO Box 156, 234 South <br />Commercial Av, Wallace, NE 69169 <br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is May 22, 2018. <br />The parties and their addresses are: <br />TRUSTOR (Grantor): <br />ALVIN D KOWALSKI III <br />Spouse of MEGHANN J KOWALSKI <br />264 A ROAD <br />GRAND ISLAND, NE 68801 <br />MEGHANN J KOWALSKI <br />Spouse of ALVIN D KOWALSKI, III <br />264 A Road <br />Grand Island, NE 68801 <br />TRUSTEE: <br />FIRST STATE BANK <br />a Nebraska Corporation <br />PO Box 156, 234 South Commercial Av <br />Wallace, NE 69169 <br />ALVIN D KOWALSKI 111 <br />Nebraska Deed Of Trust <br />NE /4Sunruh @F00000000001658023N <br />1111111111111111111111111 0 0 0 0 0 111111111111111111111111110 0 0 0 7 0 11111111111111111 1 ' 8 111111111 1 5 5 1111111111111111111111111110 9 6 1111111111 <br />0 <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />BENEFICIARY (Lender): <br />FIRST STATE BANK <br />Organized and existing under the laws of Nebraska <br />PO Box 156, 234 South Commercial Av <br />Wallace, NE 69169 <br />1. DEFINITIONS. For the purposes of this document, the following term has the following <br />meaning. <br />A. Loan. "Loan" refers to this transaction generally, including obligations and duties arising <br />from the terms of all documents prepared or submitted for this transaction. <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is <br />acknowledged, and to secure the Secured Debts and Grantor's performance under this Security <br />Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the <br />benefit of Lender, with power of sale, the following described property: <br />Parcel 3 - The West Half of the Northwest Quarter (W 1 /2NW 1 /4) of Section Ten (10), <br />Township Twelve (12) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska. <br />The property is located in Hall County at Rural Hall County, , Nebraska . <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, <br />all water and riparian rights, wells, ditches and water stock, crops, timber including timber to be <br />cut now or at any time in the future, all diversion payments or third party payments made to <br />crop producers and all existing and future improvements, structures, fixtures, and replacements <br />that may now, or at any time in the future, be part of the real estate described (all referred to <br />as Property). This Security Instrument will remain in effect until the Secured Debts and all <br />underlying agreements have been terminated in writing by Lender. <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security <br />Instrument at any one time and from time to time will not exceed $799,000.00. Any limitation <br />Wolters Kluwer Financial Services ©1996, 2018 Bankers Page 1 <br />SystemsT" <br />