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<br />DEED OF TRUST
<br />(With Future Advance Clause)
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<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is DECEMBER 27, 2004. The
<br />parties and their addresses are:
<br />TRUSTOR (Grantor):
<br />WILLIAM A BROWN
<br />Spouse of BEVERLY A WIEBE BROWN
<br />HUSBAND AND WIFE, AS JOINT TENANTS
<br />208 SUEZ ST
<br />CAIRO, Nebraska 68824
<br />BEVERLY A WIEBE BROWN
<br />Spouse of WILLIAM A BROWN
<br />HUSBAND AND WIFE, AS JOINT TENANTS
<br />208 SUEZ ST
<br />CAIRO, Nebraska 68824
<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 />1451 North Webb Road
<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 />S 112 OF LOT 3, AND ALL OF LOT 4, BLOCK 4, IN THE ORIGINAL TOWN OF CAIRO, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in HALL County at 208 SUEZ ST, CAIRO, Nebraska 68824.
<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 any one
<br />time will not exceed $ 10,000.00. 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. 0476149, dated December 27, 2004, from
<br />Grantor to Lender, with a maximum credit limit of $ 10,000.00. One or more of the debts secured by this
<br />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 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 />WILLIAM A BROWN
<br />Initials
<br />Nebraska Deed Of Trust
<br />NE/ 4XX283 2 50008 1 5 1 00004558023 1 2 2404Y °1996 Bankers Systems, Inc., St. Cloud, MN EK15E— ': Page 1
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