|
<br />,~~
<br />G\ 6~ Rt +.
<br />~ rr ~
<br />~}~, ~
<br />
<br />'" . '--
<br />11\ ~ ~~
<br />~~
<br />~ ~
<br />tv '
<br />~! ~
<br />~ ~,
<br />1
<br />t
<br />
<br /> ..., n S ,....., o~
<br /> m % C=> (")(n
<br /> ." m =:>
<br /> c: ~~ c,I"'I o -..
<br /> z n :c c=l>
<br />(")n ;iJ'I:; Cl z-" ~i!
<br />c ,...., _+ fT1
<br />~)> ~ C"':) -<0
<br />nU) ~ I--' 0-" oar
<br />;li;::J: " W "'z
<br /> Q 0 r ::x: fT1 U13'
<br /> rr1 =n :t>CD ~~
<br /> U\ n1 :3 r- :::0
<br /> \J '=' r l>
<br /> c.n (f) :i
<br /> c.o ;:>0:;
<br /> 1>
<br /> 1""0 --
<br /> W (I'l '"'i!r
<br /> Cf)
<br />
<br />I'\J
<br />CSl
<br />CSl
<br /><J1
<br />...
<br />I'\J
<br />...
<br />-.....j
<br />w
<br />
<br />---
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />
<br />;2. (), 50
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is December 3, 2005. The parties
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />ALLEN D SHULTZ JR
<br />HUSBAND AND WIFE AS JOINT TENANT
<br />1508 ANDO
<br />GRAND ISLAND, Nebraska 68803
<br />BARBARA J SHULTZ
<br />HUSBAND AND WIFE AS JOINT TENANT
<br />1508 ANDO ST
<br />GRAND ISLAND, Nebraska 68803
<br />
<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 />
<br />BENEFICIARY (Lender):
<br />PLATTE VALLEY STATE BANK &TRUST COMPANY
<br />Organized and existing under the laws of Nebraska
<br />810 Allen Drive
<br />Grand Island, Nebraska 68803
<br />TIN: 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 />
<br />LOT 3, HICKMAN SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in HALL County at 1508 ANDO, 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, and
<br />replacements that may now, or at any time in the future, be part of the real estate described (all referred to as
<br />Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements
<br />have been terminated in writing by Lender.
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone
<br />time will not exceed $30,000.00. 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 or other agreement, dated December 3, 2005, from Grantor to Lender,
<br />with a maximum credit limit of $30,000.00 and maturing on November 3, 2010. One or more of the debts
<br />secured by this Security 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 />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 />
<br />ALLEN D SHULTZ JR
<br />Nebraska Deed Of Trust
<br />NE/4XX28325000815100004558023120305Y
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud, MN ~"
<br />
<br />Initials
<br />Page 1
<br />
|