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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 September 10, 2002. The
<br />parties and their addresses are:
<br />TRUSTOR (Grantor):
<br />WILLIAM P. ZILLER
<br />Vested in the Following Manner: Husband and Wife
<br />1611 N. St. Paul Road
<br />Grand Island, Nebraska 68801 -�
<br />JULANN K. ZILLER Cb
<br />Vested in the Following Manner: Husband and Wife
<br />1611 N. St. Paul Road
<br />Grand Island, Nebraska 68801
<br />TRUSTEE:
<br />n.iY PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />j,.,y 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 />Fractional Lot Three (3) and the Easterly Six (6') feet of Fractional Lot Four (4) in Fractional Block One 111, in
<br />Arnold and Abbott's Addition to the City of Grand Island, and its complement, Fractional Lot Three (3) and the
<br />Easterly Sixt (6') feet of Fractional Lot Four (4) in Fractional Black Twenty (20), in Rollin's Addition to the City
<br />of Grand Island, Hall County, Nebraska.
<br />The property is located in County at 1015 W. 4th, 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 $625,000.00. 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 September 10, 2002, from William P. Ziller and Julann K. Ziller
<br />(Borrower) to Lender, with a loan amount of $625,000.00 with an interest rate of 7.0 percent per year and
<br />maturing on September 15, 2007.
<br />B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security
<br />Instrument.
<br />4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in
<br />accordance with the terms of the Secured Debts and this Security Instrument.
<br />5. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by
<br />this Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust,
<br />with power of sale. Grantor also warrants that the Property is unencumbered, except for encumbrances of
<br />record.
<br />6. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or
<br />other lien document that created a prior security interest or encumbrance on the Property, Grantor agrees:
<br />A. To make all payments when due and to perform or comply with all covenants.
<br />Nebraska Dead Of Trust Initials
<br />NEI4XX I"69500600000003652046091002Y ®1996 Bankers Systems, Inc., St. Cloud, MN FxAerkC Page 1
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<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 September 10, 2002. The
<br />parties and their addresses are:
<br />TRUSTOR (Grantor):
<br />WILLIAM P. ZILLER
<br />Vested in the Following Manner: Husband and Wife
<br />1611 N. St. Paul Road
<br />Grand Island, Nebraska 68801 -�
<br />JULANN K. ZILLER Cb
<br />Vested in the Following Manner: Husband and Wife
<br />1611 N. St. Paul Road
<br />Grand Island, Nebraska 68801
<br />TRUSTEE:
<br />n.iY PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />j,.,y 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 />Fractional Lot Three (3) and the Easterly Six (6') feet of Fractional Lot Four (4) in Fractional Block One 111, in
<br />Arnold and Abbott's Addition to the City of Grand Island, and its complement, Fractional Lot Three (3) and the
<br />Easterly Sixt (6') feet of Fractional Lot Four (4) in Fractional Black Twenty (20), in Rollin's Addition to the City
<br />of Grand Island, Hall County, Nebraska.
<br />The property is located in County at 1015 W. 4th, 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 $625,000.00. 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 September 10, 2002, from William P. Ziller and Julann K. Ziller
<br />(Borrower) to Lender, with a loan amount of $625,000.00 with an interest rate of 7.0 percent per year and
<br />maturing on September 15, 2007.
<br />B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security
<br />Instrument.
<br />4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in
<br />accordance with the terms of the Secured Debts and this Security Instrument.
<br />5. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by
<br />this Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust,
<br />with power of sale. Grantor also warrants that the Property is unencumbered, except for encumbrances of
<br />record.
<br />6. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or
<br />other lien document that created a prior security interest or encumbrance on the Property, Grantor agrees:
<br />A. To make all payments when due and to perform or comply with all covenants.
<br />Nebraska Dead Of Trust Initials
<br />NEI4XX I"69500600000003652046091002Y ®1996 Bankers Systems, Inc., St. Cloud, MN FxAerkC Page 1
<br />
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