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Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is April 26, 2007. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />TIM C. PLATE
<br />a single person
<br />33 Kuester Lake
<br />Grand Island, Nebraska 68801
<br />TRUSTEE:
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />a Nebraska Corporation
<br />P O Box 5168
<br />Grand Island, Nebraska 68802
<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 />Tract 1: 106 S. Webb Rd I _
<br />Lot One (1), Antonson Subdivision to the City of Grand Island, Hall County, Nebraska St2e_ Laal ow
<br />Tract 2: 519 W. Koenig
<br />Lot Four (4) in Block One Hundred Three (103) in Koenig & Wiebe's Addition to the City of Grand Island, Hall
<br />county, Nebraska
<br />Tract 3: 522 -524 W Koenig
<br />All of the Southerly Ninety -One and Five Tenths Feet (91,5') of Fractional Lot Five (5), in Fractional Block One
<br />Hundred (100), in Railroad Addition and its complement, to -wit, Fractional Lot Five (5) in Fractional Block One
<br />Hundred (100) in Koenig & Wiebe's Addition, both being Additions to the City of Grand Island, Hall County,
<br />Nebraska
<br />Tract 4: 803 S. Vine St Lot 1, in Mtonson Subdivision, in the City of Grand Island, Hall County, Nebraska, EXCEPT a certain
<br />See Attached Exhibit "A" tract of land deeded to the State of Nebraska as recorded in Warranty Deed filed as Document No.
<br />84. 006725 in the Office of the Register of Deeds, hall County, Nebraska.
<br />The property is located in Hall County at 106 S. Webb Rd
<br />519 W. Koenig, 522 -524 W. Koenig, 803 S Vine, 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, crops, timber, all diversion payments or third party payments
<br />made to crop producers and all existing and future improvements, structures, fixtures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described (all referred to as Property). This
<br />Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been
<br />terminated in writing by Lender.
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one
<br />time will not exceed $550,000,00. 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. 316943 -100, dated April 26, 2007, from Grantor
<br />to Lender, with a loan amount of $550,000.00.
<br />Tim C. Plate
<br />Nebraska Deed Of Trust Initials
<br />NEl 4XX28424000005900005586015042507Y 1'1996 Bankers Systems, Inc., St. Cloud, MN F1[j5jjP9V Page 1
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is April 26, 2007. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />TIM C. PLATE
<br />a single person
<br />33 Kuester Lake
<br />Grand Island, Nebraska 68801
<br />TRUSTEE:
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />a Nebraska Corporation
<br />P O Box 5168
<br />Grand Island, Nebraska 68802
<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 />Tract 1: 106 S. Webb Rd I _
<br />Lot One (1), Antonson Subdivision to the City of Grand Island, Hall County, Nebraska St2e_ Laal ow
<br />Tract 2: 519 W. Koenig
<br />Lot Four (4) in Block One Hundred Three (103) in Koenig & Wiebe's Addition to the City of Grand Island, Hall
<br />county, Nebraska
<br />Tract 3: 522 -524 W Koenig
<br />All of the Southerly Ninety -One and Five Tenths Feet (91,5') of Fractional Lot Five (5), in Fractional Block One
<br />Hundred (100), in Railroad Addition and its complement, to -wit, Fractional Lot Five (5) in Fractional Block One
<br />Hundred (100) in Koenig & Wiebe's Addition, both being Additions to the City of Grand Island, Hall County,
<br />Nebraska
<br />Tract 4: 803 S. Vine St Lot 1, in Mtonson Subdivision, in the City of Grand Island, Hall County, Nebraska, EXCEPT a certain
<br />See Attached Exhibit "A" tract of land deeded to the State of Nebraska as recorded in Warranty Deed filed as Document No.
<br />84. 006725 in the Office of the Register of Deeds, hall County, Nebraska.
<br />The property is located in Hall County at 106 S. Webb Rd
<br />519 W. Koenig, 522 -524 W. Koenig, 803 S Vine, 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, crops, timber, all diversion payments or third party payments
<br />made to crop producers and all existing and future improvements, structures, fixtures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described (all referred to as Property). This
<br />Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been
<br />terminated in writing by Lender.
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one
<br />time will not exceed $550,000,00. 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. 316943 -100, dated April 26, 2007, from Grantor
<br />to Lender, with a loan amount of $550,000.00.
<br />Tim C. Plate
<br />Nebraska Deed Of Trust Initials
<br />NEl 4XX28424000005900005586015042507Y 1'1996 Bankers Systems, Inc., St. Cloud, MN F1[j5jjP9V Page 1
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