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Space Above This Line For Recording Data <br />DEED OF TRUST 1?0 .5-a <br />(With Future Advance Clause) <br />Construction Security Agreement <br />DATE AND PARTIES. The data of this Deed Of Trust (Security Instrument) is March 28, 2003. The parties and <br />their addresses are: <br />TRUSTOR (Grantor): <br />TODD C ENCK <br />511 Fleetwood Circle <br />Grand Island, Nebraska 68803 <br />KELLY A ENCK <br />as Husband and Wife <br />511 Fleetwood Circle <br />Grand Island, Nebraska 68803 <br />GREGORY D. ROBERTS <br />369 D. Road <br />Grand Island, Nebraska 68801 <br />DIXIE A. ROBERTS <br />as Husband and Wfie <br />369 D. Road <br />Grand Island, Nebraska 68801 <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 />1451 North Webb Road <br />Grand Island, Nebraska 68803 <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 />Lot 3, Block 3, Summerfield Estates First Subdivision, City of Grand Island, Hell County, Nebraska. <br />The property is located in Hall County at , 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 pan 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 $145,000.00. 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 March 28, 2003, from Grantor to Lender, with a loan amount of <br />$145,000.00 and maturing on March 28, 2004. One or more of the debts secured by this Security <br />Instrument contains a future advance provision. <br />B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security <br />Instrument. <br />=.sk. o..d of Treat Inklals <br />NE1 4Xx14469500623900003872019032203Y v1996 Bankers Syatems, Inc., 51. Claud, MN twr,—,fy Pape t <br />m <br />n N <br />O <br />T <br />m_ <br />m <br />U_' <br />�• <br />.°.a <br />O ti <br />N <br />S <br />> <br />Z <br />�• <br />= <br />OCL <br />s <br />o <br />N <br />o <br />Space Above This Line For Recording Data <br />DEED OF TRUST 1?0 .5-a <br />(With Future Advance Clause) <br />Construction Security Agreement <br />DATE AND PARTIES. The data of this Deed Of Trust (Security Instrument) is March 28, 2003. The parties and <br />their addresses are: <br />TRUSTOR (Grantor): <br />TODD C ENCK <br />511 Fleetwood Circle <br />Grand Island, Nebraska 68803 <br />KELLY A ENCK <br />as Husband and Wife <br />511 Fleetwood Circle <br />Grand Island, Nebraska 68803 <br />GREGORY D. ROBERTS <br />369 D. Road <br />Grand Island, Nebraska 68801 <br />DIXIE A. ROBERTS <br />as Husband and Wfie <br />369 D. Road <br />Grand Island, Nebraska 68801 <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 />1451 North Webb Road <br />Grand Island, Nebraska 68803 <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 />Lot 3, Block 3, Summerfield Estates First Subdivision, City of Grand Island, Hell County, Nebraska. <br />The property is located in Hall County at , 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 pan 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 $145,000.00. 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 March 28, 2003, from Grantor to Lender, with a loan amount of <br />$145,000.00 and maturing on March 28, 2004. One or more of the debts secured by this Security <br />Instrument contains a future advance provision. <br />B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security <br />Instrument. <br />=.sk. o..d of Treat Inklals <br />NE1 4Xx14469500623900003872019032203Y v1996 Bankers Syatems, Inc., 51. Claud, MN twr,—,fy Pape t <br />