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<br />DEED OF TRUST
<br />
<br />\~
<br />~
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is January 27, 2006. The parties
<br />and their addresses are:
<br />
<br />TRUSTOR (Grantor):
<br />WAYNE MEYER
<br />17600 W Abb.otf Rd.
<br />Cairo, Nebraska 68824
<br />DIANE MEYER
<br />Husband and Wife
<br />17600 W Abbott Rd.
<br />Cairo, Nebraska 68824
<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 />The North Half of the Southwest Quarter (N1/2SW1/4) of Section Seven (7), Township Ten (10) North, Range
<br />Eleven (11) West of the 6th P.M., in Hall County, Nebraska, less the westerly 50 feet thereof conveyed to the
<br />State of Nebraska for highway right-of-way.
<br />
<br />The property is located in County at , Wood River, Nebraska 68883.
<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 anyone
<br />time will not exceed $110,000.00. 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, No. 306128-100, dated January 27, 2006, from
<br />Grantor to lender, with a loan amount of $110,000.00.
<br />B. All Debts. All present and future debts from Grantor to Lender, even if this Security Instrument is not
<br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than
<br />one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or
<br />with others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a
<br />commitment to make additional or future loans or advances. Any such commitment must be in writing. In
<br />the event that lender fails to provide any required notice of the right of rescission, lender waives any
<br />subsequent security interest in the Grantor's principal dwelling that is created by this Security Instrument.
<br />This Security Instrument will not secure any debt for which a non-possessory, non-purchase money security
<br />interest is created in "household goods" in connection with a "consumer loan," as those terms are defined by
<br />federal law governing unfair and deceptive credit practices. This Security Instrument will not secure any
<br />
<br />Wayne Meyer
<br />Nebraska Deed Of Trust
<br />NE/4XX28344000815100004558014012706Y
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud, MN ~
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