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<br />Space Above This Line For Recording Data
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<br />DEED OF TRUST
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<br />200509760
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is September 30, 2005.
<br />parties and their addresses are:
<br />TRUSTOR (Grantor):
<br />ALBERT A WERNER
<br />Spouse of DAWN M WERNER
<br />Husband and Wife as Joint Tenant
<br />1104 W KOENIG
<br />GRAND ISLAND, Nebraska 68801
<br />DAWN M WERNER
<br />Spouse of ALBERT A WERNER
<br />Husband and Wife as Joint Tenant
<br />1104 W KOENIG
<br />GRAND ISLAND, Nebraska 68801
<br />
<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 />
<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 />A tract of land in the Northwest Quarter of the Northeast Quarter (NW1/4NE1/4)) of Section Twenty-Nine (29),
<br />in Township Eleven (11) North, Range Nine (9) West of the Sixth P.M., in Hall County, Nebraska, more
<br />particularly described as follows: Beginning at a point 33.0 feet West and 831.0 feed South of the Northeast
<br />corner of such NW1 /4NE1 /4; thence running westerly and parrallel to the North line of such NW1 /4NE1 /4, a
<br />distance of 275.0 feet; thence running northerly parallel to the East line of such NW 1 /4NE 1/4, a distance of
<br />92.0 feet; thence running easterly and parallel to the North line of such NW1/4NE1/4, a distance of 275.0 feet;
<br />thence southerly along a line 33.0 feet West of and parallel to the East line of such NW1/4NE1/4, a distance of
<br />92.0 feet tot he point of beginning.
<br />
<br />The property is located in HALL County at 2210 S BLAINE STREET, GRAND ISLAND, Nebraska 68801.
<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 $110,000.00. 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. 303464-50, dated September 30, 2005, from
<br />Grantor to Lender, with a loan amount of $110,000.00 and maturing on January 30, 2006.
<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 />ALBERT A WERNER
<br />Nebraska Deed Of Trust Initials
<br />NE/4XX28407000815100004558020092805Y @1996 Bankers Systems, Inc.. St. Cloud, MN ~ Page 1
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