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DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is . The parties and <br />their addresses are: Q dg Roo f4t� <br />TRUSTOR (Grantor): <br />J <br />JOEL B SHAFER <br />A Single Person <br />16 19 Go 6iRG49A # <br />Grand Island, Nebraska 68803 <br />TRUSTEE: <br />PLATTE VALLEY STATE BANK & TRUST COMPANY <br />a Corporation <br />2223 Second Ave <br />PO Box 430 <br />Kearney, Nebraska 68848 -0430 <br />BENEFICIARY (Lender): <br />PLATTE VALLEY STATE BANK & TRUST COMPANY <br />Organized and existing under the laws of Nebraska <br />2223 Second Ave.; PO Box 430 <br />Kearney, Nebraska 68848 -0430 <br />47- 0343902 <br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, <br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following <br />described property: <br />Block 5, Ponderosa Lake Estates Subdivision, in the City of Grand Island, Hall County, Nebraska. <br />The property is located in Hall County at 66 Ponderosa, Grand Island, Nebraska 68803. <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, <br />all diversion payments or third party payments made to crop producers and all existing and future <br />improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the <br />real estate described (all referred to as Property). This Security Instrument will remain in effect until the <br />Secured Debts and all underlying agreements have been terminated in writing by Lender. <br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one <br />time will not exceed $78,000.00. This limitation of amount does not include interest and other fees and <br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances <br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the <br />covenants contained in this Security Instrument. <br />3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts: <br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and <br />replacements. A promissory note, dated �Jcme `-z;; ZCCL -, from Gr for nder, with a loan amount of <br />$78,000.00. <br />B. All Debts. All present and future debts from Grantor to Len en if this Security Instrument is not <br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than <br />one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or <br />with others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a <br />commitment to make additional or future loans or advances. Any such commitment must be in writing. In <br />the event that Lender fails to provide any required notice of the right of rescission, Lender waives any <br />subsequent security interest in the Grantor's principal dwelling that is created by this Security Instrument. <br />This Security Instrument will not secure any debt for which a non - possessory, non - purchase money security <br />interest is created in "household goods" in connection with a "consumer loan," as those terms are defined by <br />federal law governing unfair and deceptive credit practices. This Security Instrument will not secure any <br />debt for which a security interest is created in "margin stock" and Lender does not obtain a "statement of <br />purpose," as defined and required by federal law governing securities. <br />C. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security <br />Instrument. <br />4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in <br />accordance with the terms of the Secured Debts and this Security Instrument. <br />Joel B Shafer <br />Nebraska Deed Of Trust Initials <br />NE/ 4XX28319000704400004160023012804Y 01996 Bankers Systems, Inc., St. Cloud, MN E cK "" Page 1 <br />g ; <br />ji <br />c. <br />M i D <br />rn C <br />t <br />rn M CA <br />o ` ' <br />o <br />rrI <br />1 <br />' <br />> <br />^ <br />Z D <br />N <br />CL <br />_ <br />ry <br />o -T1 <br />CD <br />D <br />--a <br />-7) <br />O <br />70 <br />N <br />U) <br />N <br />U) <br />00 <br />3 <br />GJ <br />Ln <br />Cn <br />CD <br />jpt, <br />C/) <br />Z <br />Space Above This Line For Recording Data <br />O <br />DEED OF TRUST <br />'70.50 <br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is . The parties and <br />their addresses are: Q dg Roo f4t� <br />TRUSTOR (Grantor): <br />J <br />JOEL B SHAFER <br />A Single Person <br />16 19 Go 6iRG49A # <br />Grand Island, Nebraska 68803 <br />TRUSTEE: <br />PLATTE VALLEY STATE BANK & TRUST COMPANY <br />a Corporation <br />2223 Second Ave <br />PO Box 430 <br />Kearney, Nebraska 68848 -0430 <br />BENEFICIARY (Lender): <br />PLATTE VALLEY STATE BANK & TRUST COMPANY <br />Organized and existing under the laws of Nebraska <br />2223 Second Ave.; PO Box 430 <br />Kearney, Nebraska 68848 -0430 <br />47- 0343902 <br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, <br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following <br />described property: <br />Block 5, Ponderosa Lake Estates Subdivision, in the City of Grand Island, Hall County, Nebraska. <br />The property is located in Hall County at 66 Ponderosa, Grand Island, Nebraska 68803. <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, <br />all diversion payments or third party payments made to crop producers and all existing and future <br />improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the <br />real estate described (all referred to as Property). This Security Instrument will remain in effect until the <br />Secured Debts and all underlying agreements have been terminated in writing by Lender. <br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one <br />time will not exceed $78,000.00. This limitation of amount does not include interest and other fees and <br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances <br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the <br />covenants contained in this Security Instrument. <br />3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts: <br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and <br />replacements. A promissory note, dated �Jcme `-z;; ZCCL -, from Gr for nder, with a loan amount of <br />$78,000.00. <br />B. All Debts. All present and future debts from Grantor to Len en if this Security Instrument is not <br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than <br />one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or <br />with others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a <br />commitment to make additional or future loans or advances. Any such commitment must be in writing. In <br />the event that Lender fails to provide any required notice of the right of rescission, Lender waives any <br />subsequent security interest in the Grantor's principal dwelling that is created by this Security Instrument. <br />This Security Instrument will not secure any debt for which a non - possessory, non - purchase money security <br />interest is created in "household goods" in connection with a "consumer loan," as those terms are defined by <br />federal law governing unfair and deceptive credit practices. This Security Instrument will not secure any <br />debt for which a security interest is created in "margin stock" and Lender does not obtain a "statement of <br />purpose," as defined and required by federal law governing securities. <br />C. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security <br />Instrument. <br />4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in <br />accordance with the terms of the Secured Debts and this Security Instrument. <br />Joel B Shafer <br />Nebraska Deed Of Trust Initials <br />NE/ 4XX28319000704400004160023012804Y 01996 Bankers Systems, Inc., St. Cloud, MN E cK "" Page 1 <br />g ; <br />