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201�025�7
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security
<br />Instrument at any one time and from time to time will not exceed 5200,000.00. Any limitation
<br />of amount does not include interest and other fees and charges validly made pursuant to this
<br />Security Instrument. Also, this limitation does not apply to advances made under the terms of
<br />this Security Instrument to protect Lender's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />3. SECURED DEBTS AND FUTURE ADVANCES. The term "Secured Debts" includes and this
<br />Security Instrument will secure each of the following:
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings,
<br />modifications and replacements. A promissory note or other agreement, No. 1001960,
<br />dated March 22, 2012, from Grantor to Lender, with a loan amount of 5289,174.63.
<br />B. Future Advances. All future advances from Lender to Grantor under the Specific Debts
<br />executed by Grantor in favor of Lend�r after this Se�urity Instrument. If more than one
<br />person signs this Security Instrument, each agrees that this Security Instrument will secure
<br />all future advances that are given to Grantor either individually or with others who may not
<br />sign this Security Instrument. All future advances are secured by this Security Instrument
<br />even though all or part may not yet be advanced. All future advances are secured as if
<br />made on the date of this Security Instrument. Nothing in this Security Instrument shall
<br />constitute a commitment to make additional or future advances in any amount. Any such
<br />commitment must be agreed to in a separate writing. In the event that Lender fails to
<br />provide any required notice of the right of rescission, Lender waives any subsequent security
<br />interest in the Grantor's principal dwelling that is created by this Security Instrument. This
<br />Security Instrument will not secure any other debt if Lender fails, with respect to that other
<br />debt, to fulfill any necessary requirements or limitations of Sections 19(a1, 32, or 35 of
<br />Regulation Z.
<br />C. All Debts. All present and future debts from Grantor to Lender, even if this Security
<br />Instrument is not specifically referenced, or if the future debt is unrelated to or of a different
<br />type than this debt. If more than one person signs this Security Instrument, each agrees
<br />that it will secure debts incurred either individually or with others who may not sign this
<br />Security Instrument. Nothing in this Security Instrument constitutes a commitment to make
<br />additional or future loans or advances. Any such commitment must be in writing. In the
<br />event that Lender fails to provide any required notice of the right of rescission, Lender
<br />waives any subsequent security interest in the Grantor's principal dwelling that is created by
<br />this Security Instrument. This Security Instrument will not secure any debt for which a
<br />non-possessory, non-purchase money security interest is created in "household goods" in
<br />connection with a"consumer loan," as those terms are defined by federal law governing
<br />unfair and deceptive credit practices. This Security Instrument will not secure any debt for
<br />which a security interest is created in "margin stock" and Lender does not obtain a
<br />"statement of purpose," as defined and required by federal law governing securities. This
<br />Security Instrument will not secure any other debt if Lender fails, with respect to that other
<br />debt, to fulfill any necessary requirements or limitations of Sections 19(a1, 32, or 35 of
<br />Regulation Z.
<br />D. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of
<br />this Security Instrument.
<br />4.-PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when
<br />due and in 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
<br />estate conveyed by this Security Instrument and has the right to irrevocably grant, convey and
<br />sell the Property to Trustee, in trust, with power of sale. Grantor also warrants that the
<br />Property is unencumbered, except for encumbrances of record.
<br />6. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security
<br />agreement or other lien document that created a prior security interest or encumbrance on the
<br />Property, Grantor agrees:
<br />A. To make all payments when due and to perform or comply with all covenants.
<br />B. To promptly deliver to Lender any notices that Grantor receives from the holder.
<br />C. Not to allow any modification or extension of, nor to request any future advances under
<br />any note or agreement secured by the lien document without Lender's prior written consent.
<br />7. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances,
<br />lease payments, ground rents, utilities, and other charges relating to the Property when due.
<br />Lender may require Grantor to provide to Lender copies of all noti s that such amoun�Cs are due „�,.,,
<br />„;
<br />and the receipts evidencing Grantor's payment. Grantor will defer�d � le to �e PropertX_.against �
<br />any claims that would impair the lien of this Security Instrument.`'G�antor �g�rees to a�Sign to ��
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<br />JERID STARKEL �:^ ? ^ !"� �� �
<br />Nebraska Deed Of Truat � Initl�ls .�
<br />NE/4XXLBENES00000000000625046032212N Wolters Kluwer Financial SerNa�es °1996, 2g12 Bankers; Page 2
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