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DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is July 1, 2003. The parties and <br />their addresses are: <br />TRUSTOR (Grantor): <br />SCOTT H. MARKHAM <br />2629 O'Flannagan Street <br />Grnad Island, Nebraska 68803 <br />TRACY A. MARKHAM <br />Husband and Wife <br />2929 O'Flannagan Street <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 />The Southerly One Hundred Ten (110) Feet of Lot Three (3), Block Three (3), in Dickey Second Subdivision, <br />Located in the East Half of the Southeast Quarter (E1/2 SE1 /4) of Section One (1), Township Eleven (1 1) North, <br />Range Ten (10) West of the 6th P.M., Hall County, Nebraska <br />The property is located in Hall County at 2629 O'Flannagan Street, Grand Island, Nebraska 68801, <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 $76,044.50. 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 July 1, 2003, from Tracy A. Markham (Borrower) to Lender, with <br />a loan amount of $76,044.50 and maturing on July 1, 2008. <br />B. All Debts. All present and future debts from Tracy A. Markham to Lender, even if this Security <br />Instrument is not specifically referenced, or if the future debt is unrelated to or of a different type than this <br />debt. If more than one person signs this Security Instrument, each agrees that it will secure debts incurred <br />either individually or with others who may not sign this Security Instrument. Nothing in this Security <br />Instrument constitutes a commitment to make additional or future loans or advances. Any such commitment <br />must be in writing. In the event that Lender fails to provide any required notice of the right of rescission, <br />Lender waives any subsequent security interest in the Grantor's principal dwelling that is created by this <br />Security Instrument. This Security Instrument will not secure any debt for which a non - possessory, non - <br />purchase money security interest is created in "household goods" in connection with a "consumer loan," as <br />those terms are defined by federal law governing unfair and deceptive credit practices. This- Security <br />Instrument will not secure any debt for which a security interest is created in "margin stock" and Lender <br />does not obtain a "statement of purpose," as defined and required by federal law governing securities. <br />Merry Maids <br />Initials <br />Nebraska Deed Of Trust <br />NE! 4XX28322000623900003872016070903Y °1996 Bankers Systems, Inc., St. Cloud, MN Ear i Page 1 <br />n cn <br />M <br />o <br />A <br />c� <br />C3. <br />M <br />D N � <br />o` <br />cnn <br />w <br />n <br />7C <br />N <br />= � + <br />c; <br />a <br /><, ; <br />-` � � <br />O <br />m <br />'� <br />i' <br />o <br />r— <br />7a <br />CD C <br />co <br />co <br />2 <br />j <br />rn <br />N <br />N CD <br />0 <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is July 1, 2003. The parties and <br />their addresses are: <br />TRUSTOR (Grantor): <br />SCOTT H. MARKHAM <br />2629 O'Flannagan Street <br />Grnad Island, Nebraska 68803 <br />TRACY A. MARKHAM <br />Husband and Wife <br />2929 O'Flannagan Street <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 />The Southerly One Hundred Ten (110) Feet of Lot Three (3), Block Three (3), in Dickey Second Subdivision, <br />Located in the East Half of the Southeast Quarter (E1/2 SE1 /4) of Section One (1), Township Eleven (1 1) North, <br />Range Ten (10) West of the 6th P.M., Hall County, Nebraska <br />The property is located in Hall County at 2629 O'Flannagan Street, Grand Island, Nebraska 68801, <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 $76,044.50. 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 July 1, 2003, from Tracy A. Markham (Borrower) to Lender, with <br />a loan amount of $76,044.50 and maturing on July 1, 2008. <br />B. All Debts. All present and future debts from Tracy A. Markham to Lender, even if this Security <br />Instrument is not specifically referenced, or if the future debt is unrelated to or of a different type than this <br />debt. If more than one person signs this Security Instrument, each agrees that it will secure debts incurred <br />either individually or with others who may not sign this Security Instrument. Nothing in this Security <br />Instrument constitutes a commitment to make additional or future loans or advances. Any such commitment <br />must be in writing. In the event that Lender fails to provide any required notice of the right of rescission, <br />Lender waives any subsequent security interest in the Grantor's principal dwelling that is created by this <br />Security Instrument. This Security Instrument will not secure any debt for which a non - possessory, non - <br />purchase money security interest is created in "household goods" in connection with a "consumer loan," as <br />those terms are defined by federal law governing unfair and deceptive credit practices. This- Security <br />Instrument will not secure any debt for which a security interest is created in "margin stock" and Lender <br />does not obtain a "statement of purpose," as defined and required by federal law governing securities. <br />Merry Maids <br />Initials <br />Nebraska Deed Of Trust <br />NE! 4XX28322000623900003872016070903Y °1996 Bankers Systems, Inc., St. Cloud, MN Ear i Page 1 <br />