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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is May 1, 2003. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />JANE E. KOTSIOPULOS, TRUSTEE
<br />12 Hillcrest Dr
<br />Kearney, Nebraska 68845
<br />PETER G. KOTSIOPULOS, TRUSTEE
<br />12 Hillcrest Dr
<br />Kearney, Nebraska 68845
<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 />Lots Four (4) and Five (5), in Block Fifteen 05), in H.G. Clark's Addition to the City of Grand Island, Hall
<br />County. Nebraska
<br />The property is located in Hall County at 721 N. Eddy St, Grand Island, Nebraska .
<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 $170,000.00. 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 />inade 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 May 1, 2003, from Peter G Kotsiopulos and Jane E. Kotsiopulos
<br />(Borrower) to Lender, with a loan amount of $170,000.00. One or more of the debts secured by this
<br />Security Instrument contains a future advance provision.
<br />B. All Debts. All present and future debts from Peter G Kotsiopulos and Jane E. Kotsiopulos to Lender,
<br />even if this Security Instrument is not specifically referenced, or if the future debt is unrelated to or of a
<br />different type than this debt. If more than one person signs this Security Instrument, each agrees that it will
<br />secure debts incurred either individually or with others who may not sign this Security Instrument. Nothing
<br />in this Security Instrument constitutes a commitment to make additional or future loans or advances. Any
<br />such commitment must be in writing. In the event that Lender fails to provide any required notice of the
<br />right of rescission, Lender waives any subsequent security interest in the Grantor's principal dwelling that is
<br />created by this Security Instrument, This Security Instrument will not secure any debt for which a non -
<br />possessory, non - purchase money security interest is created in "household goods" in connection with a
<br />"consumer loan," as those terms are defined by federal law governing unfair and deceptive credit practices.
<br />This Security Instrument will not secure any debt for which a security interest is created in "margin stock"
<br />Nebraska 13—d 01 T-1 H'Wh
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is May 1, 2003. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />JANE E. KOTSIOPULOS, TRUSTEE
<br />12 Hillcrest Dr
<br />Kearney, Nebraska 68845
<br />PETER G. KOTSIOPULOS, TRUSTEE
<br />12 Hillcrest Dr
<br />Kearney, Nebraska 68845
<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 />Lots Four (4) and Five (5), in Block Fifteen 05), in H.G. Clark's Addition to the City of Grand Island, Hall
<br />County. Nebraska
<br />The property is located in Hall County at 721 N. Eddy St, Grand Island, Nebraska .
<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 $170,000.00. 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 />inade 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 May 1, 2003, from Peter G Kotsiopulos and Jane E. Kotsiopulos
<br />(Borrower) to Lender, with a loan amount of $170,000.00. One or more of the debts secured by this
<br />Security Instrument contains a future advance provision.
<br />B. All Debts. All present and future debts from Peter G Kotsiopulos and Jane E. Kotsiopulos to Lender,
<br />even if this Security Instrument is not specifically referenced, or if the future debt is unrelated to or of a
<br />different type than this debt. If more than one person signs this Security Instrument, each agrees that it will
<br />secure debts incurred either individually or with others who may not sign this Security Instrument. Nothing
<br />in this Security Instrument constitutes a commitment to make additional or future loans or advances. Any
<br />such commitment must be in writing. In the event that Lender fails to provide any required notice of the
<br />right of rescission, Lender waives any subsequent security interest in the Grantor's principal dwelling that is
<br />created by this Security Instrument, This Security Instrument will not secure any debt for which a non -
<br />possessory, non - purchase money security interest is created in "household goods" in connection with a
<br />"consumer loan," as those terms are defined by federal law governing unfair and deceptive credit practices.
<br />This Security Instrument will not secure any debt for which a security interest is created in "margin stock"
<br />Nebraska 13—d 01 T-1 H'Wh
<br />NE14X X14469500623900003872011050103Y ®19969e 1k S,I. ,Inc., St. Cloud MN Exr�,a Page 1
<br />c.
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