|
<br />N
<br />is
<br />is
<br />0)
<br />is
<br />CXl
<br />0)
<br />CD
<br />c.n
<br />
<br />
<br />~~.e
<br />0~ fl>
<br />Htx ~ t
<br /><~ ~
<br />~t...!r~
<br />tJ\ VI ~
<br />~~"~. ~
<br />~.~r~. .
<br />t~
<br />f
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />
<br />e
<br />
<br />;IQ
<br />m
<br />"T'l
<br />c:
<br />o z
<br />ifiP~
<br />OCI'J
<br />~x
<br />
<br />On
<br />:r:~
<br />m(l)
<br />n:r
<br />;:"'i:
<br />
<br />r".....,,:Jo
<br />;' ..~, ';:Jo
<br />~~;:,~
<br />0''';0
<br />
<br />r.J}
<br />r'-""-'
<br />-u
<br />
<br />o (II
<br />o --l
<br />c::P-
<br />:z: -4
<br />-jr<l
<br />-<0
<br />C) "1
<br />."
<br />:::r: ("II
<br />:t"> WJ
<br />r:u
<br />r Jo-
<br />(.f)
<br />^
<br />:>
<br />---- -----
<br />
<br />"--, ~
<br />
<br />...- ,'"
<br />."..." $::~ ~''''
<br />rn (',It,~
<br />~,.,) ,. ';:'.....
<br />C) ..~
<br />.-Tl ..... r
<br />~ ,,,
<br />~ ,~)
<br />o.
<br />K
<br />~
<br />\'
<br />
<br />-0
<br />::3
<br />~
<br />rv
<br />_C
<br />r"V
<br />
<br />Vl
<br />(fl
<br />
<br />N
<br />to
<br />
<br />
<br /><::;J
<br />,'1
<br />In
<br />CJ
<br />(f)
<br />
<br />-..;;:,."
<br />
<br />
<br />Space Above This Line For Recording Data
<br />
<br />C>
<br />N
<br />o
<br />c:J
<br />en
<br />c:::>
<br />0::>
<br />cn
<br />to
<br />U1
<br />
<br />ga
<br />fir
<br />it
<br />G:
<br />s
<br />~
<br />3
<br />~
<br />Z
<br />o
<br />
<br />.;t s. So
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is September 20, 2006.
<br />parties and their addresses are:
<br />TRUSTOR (Grantor):
<br />LAURA M. MADER
<br />Spouse of Zachery S Mader
<br />3580 N. Webb Road
<br />Grand Island, Nebraska 68803
<br />ZACHERY S. MADER
<br />Spouse of Laura M. Mader
<br />Wife and Husband
<br />3580 N. Webb Rd
<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 />OrgarJiled and EJxisting 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 One (1), B Z Subdivision, Hall County, Nebraska.
<br />
<br />The property is located in Hall County at 1604 W. White Cloud Rd, 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 $70,000.00. 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. 310981-52, dated September 20, 2006, from
<br />Zachery S. Mader (Borrower) to Lender, with a loan amount of $70,000.00 and maturing on April 15,
<br />2007. One or more of the debts 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 Seeured 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 />
<br />The
<br />
<br />lachery S. Mader
<br />Nllbraska Deed Of Trust
<br />NEMXX28424000937100005187021091906Y
<br />
<br />(1)1996 Bankors Systoms, Inc" 51. Cloud, MN ~
<br />
<br />Initials
<br />Pago 1
<br />
|