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<br />DEED OF TRUST
<br />Wilmivgma, DE 19803
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Dead Of Trust (Security Instrument) is March 16, 2004. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor): 4e sp W
<br />JAMES E KOLAR
<br />Husband
<br />2314 Stardust Lane
<br />Grand Island, Nebraska 68803
<br />CARRIE L KOLAR
<br />Wife
<br />2314 Stardust Lane
<br />Grand Island, Nebraska 68803
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />a Corporation
<br />P. O, Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />BENEFICIARY (Lender):
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of Iowa
<br />P. 0. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />TIN: 42- 1466678
<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 />THE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUNTY, NEBRASKA: LOT SEVEN (7), BLOCK
<br />THREE (3), IN LE HEIGHTS SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA. SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS, OIL, GAS OR
<br />MINERAL RIGHTS OF RECORD, IF ANY.
<br />The property is located in Hall County at 2314 Stardust Lane, Grand Island, Nebraska 68803.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock 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
<br />Property). This Security Instrument will remain in affect until the Secured Debts and all underlying agreements
<br />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 $24,000.00. 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 or other agreement, No. 2057182, dated March 16, 2004, from Grantor
<br />to Lender, with a maximum credit limit of $24,000.00, with an interest rate based on the then current index
<br />James E Kolar
<br />Nebraska Deed Of Trutt Initials _
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