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201203152 <br />Theproperty is located in . HALL- COUN. T. Y ............... ............................... at ............... ............................... <br />(County) <br />2636,$AINT PAUL. RD,. GRAND, IS( AND ............ ......... ...... Nebraska ...6980.1 3.0.$5.... <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ .25,. 000. 00 ...... ............................... This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(sl <br />secured and you should include the final maturity date of such debt(s).) <br />Borrower(s): LADONNA CORDS <br />Principal /Maximum Line Amount: 25,000.00 <br />Maturity Date. 04/10/2037 <br />Note Date: 0410312012 <br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any <br />promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Beneficiary after this <br />Security Instrument whether or not this Security Instrument is specifically referenced. If more than one person signs <br />this Security Instrument, each Trustor agrees that this Security Instrument will secure all future advances and future <br />obligations that are given to or incurred by any one or more Trustor, or any one or more Trustor and others. All <br />future advances and other future obligations are secured by this Security Instrument even though all or part may not <br />yet be advanced. All future advances and other future obligations are secured as if made on the date of this Security <br />Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or <br />advances in any amount. Any such commitment must be agreed to in a separate writing. <br />C. All other obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited by law, <br />including, but not limited to, liabilities for overdrafts relating to any deposit account agreement between Trustor and <br />Beneficiary. <br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protecting <br />the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the terms of this <br />Security Instrument. <br />In the event that Beneficiary fails to provide any required notice of the right of rescission, Beneficiary waives any <br />subsequent security interest in the Trustor's principal dwelling that is created by this Security Instrument. <br />5. MASTER FORM. By the delivery and execution of this Security Instrument, Trustor agrees that all provisions and <br />sections of the master form Deed of Trust (Master Fonn), inclusive, dated ...... ......0.$0.7(200.7,,.......... and recorded as <br />Recording Number ...... ............................... or Instrument Number . 20070 .77.43....................... in Book <br />.............................. ............................... at Page(s) .................. of the Official Records in the Office of the <br />Register of Deeds of .. HALL ............................ County, Nebraska, are hereby incorporated into, and shall govern, this <br />Security Instrument. This Security Instrument will be offered for record in the same county in which the Master Form was <br />recorded. <br />!Page 2 0 3) <br />51994 Welters Kluwer Financial Services - Bankers Systemi" Form USSOCPSFDTNE 9,'1414009 <br />