|
<br /> X) () ~
<br /> m ::I:
<br /> ." 1".........:)
<br /> c: m CIl .r.::.;::) 0 UJ
<br /> n :J: c.;;.
<br /> n z o:Y.> 0 -;
<br /> ~ 0 '" ~,..,/ c: )>
<br />I\.) J: ~ r-">~ = Z -;
<br />s m ~" t>" '.:;-:) -1 fTi
<br />is n en ;;:; (;- ---I -<
<br />0'> ~ :J: v -) ~'~'-: ~~ -'- ~:>
<br />s 0 ....,
<br />(X) (.::~ \" r0 ""'1
<br />-...J ,., :Z
<br />(X) 1:.;:::..' U :!: 1";1
<br />...... ["1"", [\ -0 ~ ;::rJ
<br /> r'" :3 r-- ;0
<br /> 0::;;' ~ r >
<br /> (fl U)
<br /> ~ r-> ^
<br /> (' )>
<br /> f-" ~,,"""""
<br /> CO $Q,
<br /> (.r.J
<br />
<br />
<br />
<br />ga
<br />~[
<br />~~
<br />:~
<br />~l
<br />.......2
<br />o
<br />~
<br />~
<br />~~
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is October 2, 2006. The parties
<br />and their addresses are:
<br />
<br />'*
<br />CJ
<br /><:
<br />)::Ii
<br />:z:
<br />~
<br />c-,
<br />f'I'I
<br />-t
<br />=i
<br />,....
<br />f'I'I
<br />en
<br />I'TI
<br />:a
<br />5
<br />n
<br />1"1"1
<br />en
<br />
<br />TRUSTOR (Grantor):
<br />MARCUS L. DORSEY
<br />A/K/A Mark Dorsey
<br />Spouse of Roni Dorsey
<br />311 Sherman Trailers
<br />Loup City, Nebraska 68853
<br />VERONICA L. DORSEY
<br />A/K/A Roni Dorsey
<br />Spouse of Mark Dorsey
<br />Husband and Wife
<br />311 Sherman Trailers
<br />Loup City, Nebraska 68853
<br />TRUSTEE:
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />a Nebraska Corporation
<br />PO Box 430
<br />Kearney, Nebraska 68848
<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 />See Attachment Exhibit' A"
<br />
<br />The property is located in Hall County at 1905 St Blaine, Grand Island, Nebraska 68803.
<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 $106,000.00. 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. 306270-102, dated October 2, 2006, from
<br />Grantor to Lender. with a loan amount of $106,000.00. One or more of the debts secured by this Security
<br />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 />
<br />Marcus L. Dorsey
<br />Nebraska Deed Of Trust
<br />NE/4XX28424000937100005187014092908Y
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud. MN ~
<br />
<br />Initials
<br />Page 1
<br />
|