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<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
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<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is 09/10/2005. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />NONA M DUBBS
<br />HUSBAND AND WIFE
<br />248 N 6TH STREET
<br />PO BOX 445
<br />LOUP CITY, Nebraska 68853
<br />DARREL DUBBS
<br />HUSBAND AND WIFE
<br />248 N 6TH STREET
<br />PO BOX 445
<br />LOUP CITY, Nebraska 68853
<br />KIPP A ENGLISH
<br />Spouse of Mary L English
<br />HUSBAND AND WIFE
<br />9865 S 110TH RD
<br />WOOD RIVER, Nebraska 68883
<br />MARY L ENGLISH
<br />Spouse of KIPP A ENGLISH
<br />HUSBAND AND WIFE
<br />9865 S 110 TH RD
<br />GRAND ISLAND, Nebraska 68883
<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 />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 />See Exhibit A
<br />
<br />_;5 cr.j; 0
<br />
<br />The property is located in HALL County at 9865 S 11 OTH RD, WOOD RIVER, Nebraska 68883.
<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 $20,000.00. 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. 537663, dated September 10, 2005, from KIPP
<br />
<br />KIPP A ENGLISH
<br />Nebraska Deed Of Trust
<br />NE/4XX283250008 151 00004558025090905Y
<br />
<br />@1996 8ankers Systems, Inc., St. Cloud, MN ~"
<br />
<br />Initials
<br />Page 1
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