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DATE AND PARTIES, The date of this Deed Of Trust (Security Instrument) is May 13, 2002. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />COREY L LUDWIG
<br />2823 FORT WORTH COURT
<br />GRAND ISLAND, Nebraska 68803
<br />As husband and wife
<br />HEATHER R LUDWIG
<br />2823 FORT WORTH COURT
<br />GRAND ISLAND, Nebraska 68803
<br />As husband and wife
<br />TRUSTEE:
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />Corporation
<br />2223 Second Ave
<br />PO Box 430
<br />Kearney, Nebraska 68848 -0430
<br />470343902
<br />BENEFICIARY (Landed:
<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 />LOT TEN 110), IN CAPITAL HEIGHTS FIFTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located In HALL County at 2823 FORT WORTH COURT, 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,
<br />and replacements that may now, or at any time in the future, be part of the real estate described (all referred to
<br />as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying
<br />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 $7,000.00. This limitation of amount does not include interest and other fees and charges
<br />validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Lender's security and to perform any of the covenants
<br />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 13, 2002, from Grantor to Lender, with a loan amount of
<br />$7,000.00 with an interest rate of 7.75 percent per year and maturing on May 15, 2007.
<br />COREY L LUDWIG
<br />Nebraska Deed Or Taal PoRlelk
<br />NEI4XX16515700529600003629020050602Y -1996 aenkere 9ynema, Inc., at Cloud. MN Ej%W PeOe 1
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<br />DEED OF TRUST
<br />15
<br />DATE AND PARTIES, The date of this Deed Of Trust (Security Instrument) is May 13, 2002. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />COREY L LUDWIG
<br />2823 FORT WORTH COURT
<br />GRAND ISLAND, Nebraska 68803
<br />As husband and wife
<br />HEATHER R LUDWIG
<br />2823 FORT WORTH COURT
<br />GRAND ISLAND, Nebraska 68803
<br />As husband and wife
<br />TRUSTEE:
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />Corporation
<br />2223 Second Ave
<br />PO Box 430
<br />Kearney, Nebraska 68848 -0430
<br />470343902
<br />BENEFICIARY (Landed:
<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 />LOT TEN 110), IN CAPITAL HEIGHTS FIFTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The property is located In HALL County at 2823 FORT WORTH COURT, 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,
<br />and replacements that may now, or at any time in the future, be part of the real estate described (all referred to
<br />as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying
<br />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 $7,000.00. This limitation of amount does not include interest and other fees and charges
<br />validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Lender's security and to perform any of the covenants
<br />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 13, 2002, from Grantor to Lender, with a loan amount of
<br />$7,000.00 with an interest rate of 7.75 percent per year and maturing on May 15, 2007.
<br />COREY L LUDWIG
<br />Nebraska Deed Or Taal PoRlelk
<br />NEI4XX16515700529600003629020050602Y -1996 aenkere 9ynema, Inc., at Cloud. MN Ej%W PeOe 1
<br />
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