|
<br />-~
<br />~~
<br />fi'} c ~.
<br />t--( ~ c:: ~-.)
<br />~ f". ~ -""1-~
<br />, :;:::::.1"'r-.
<br />/'l\ V\ ---<' ~
<br />~~. ..
<br />'''' \"..-
<br />'"'::.~~~
<br />a..e r.,.
<br />C ;:t-
<br />~
<br />
<br />;la
<br />m
<br />.."
<br />c:
<br />n Z
<br />zno
<br />m>~
<br />nen
<br />ilIli;:::I:
<br />
<br />Q~
<br />m en
<br />n:::I:
<br />ilIli;
<br />
<br />U'\
<br /><:)
<br />
<br /> ~ ~I
<br /> <==> C")(J)
<br /> ~
<br /> ~ 0-, o -l
<br /> C- C:P
<br /> z-l
<br />~~ c:= -I1'Tl
<br />:z
<br /> -<0 it'
<br /> Q""T'J c::>
<br />0") "'z
<br />" r 0")
<br />0 :r rTl
<br />m -C P CO C)
<br />f'T1 ::3 r ::0
<br />0 r-l> c.n
<br />en ........ (f) C)
<br /> f"V ;;><;
<br /> l> -.)
<br /> ........ .......................
<br /> I"'\,) (f) ~ f
<br /> (f)
<br /> 200605071 '"""".r"..>-o
<br />
<br />
<br />I\.)
<br />s
<br />S
<br />0'>
<br />S
<br />CJ'1
<br />S
<br />-.J
<br />-->.
<br />
<br />t
<br />
<br />1-
<br />
<br />~\
<br />
<br />""'t-
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is May 31, 2006. The parties and
<br />their addresses are:
<br />
<br />TRUSTOR (Grantor):
<br />MAURICE L GRUDZINSKI
<br />An unmarried individual
<br />a single person
<br />2911 HANCOCK PLACE
<br />GRAND ISLAND, Nebraska 68803
<br />DEBORAH R WILSON
<br />An unmarried individual
<br />a single person
<br />2911 HANCOCK PLACE
<br />GRAND ISLAND, Nebraska 68803
<br />
<br />TRUSTEE:
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />a Nebraska Corporation
<br />PO Box 430
<br />Kearney, Nebraska 68848
<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 />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 Fourteen (14), Block Three (3), Summerfield Estates Fourth Subdivision, in the City of Grand Island, Hall
<br />County, Nebraska.
<br />
<br />The property is located in HAll County at 3903 Partridge Circle, 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 $215,000.00. 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. The term "Secured Debts" includes and this Security Instrument will secure each of the
<br />following:
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 308537-51, dated May 31, 2006, from Grantor
<br />to lender, with a loan amount of $215,000.00 and maturing on June 1, 2007. 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 />
<br />MAURICE L GRUDZINSKI
<br />Nebraska Deed Of Trust
<br />NE/4XX28424000937100005187028053106Y
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud, MN ~
<br />
<br />Initials
<br />Page 1
<br />
|