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2p�2031�G
<br />The property is Vocated in ... Hall .................................................. at .....................................
<br />(Counry)
<br />.. 518..W..7th �t ................................ Grand Island.................., Nebraska ..68801..........
<br />.. ...............
<br />� (Address) (Ciry) (ZIP Code)
<br />Together with al rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, itches, 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 above (all refened
<br />to as "Property"y.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any
<br />one time shall npt exceed $ 35, ,OOO ; ,o,o,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,�is limitation of amount does not
<br />include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this
<br />limitation does inot apply to advances made under the terms of this Security Instrument to protect
<br />Bene�ciary's seclurity and to perform any of the covenants contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE AD�ANCES. The terni "Secured Debt" is defined as fQllows: :
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of
<br />debt descr�bed below and all their extensions, renewals, modifications or substitutions. (You must
<br />specificallyj identify the debt(s) secused and you should include the fznal �rtaturity date of such debt(s).)
<br />Note Dat�d March 29 2012 In The Amount Of $35,000.00
<br />Accruing At A Varia{�le Rate With A Maturity Date Of April 10, 2017
<br />Said Loa In The Name(s) Of Alionso A Garcia
<br />And Leti�ia P Garcia
<br />B. All future �advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary
<br />under any romissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor
<br />of Benefic�ary after this Security Instrument whether or not this Security Instrument is specifically
<br />referenced.l If more than one person signs this Security Instrument, each Trustor agrees that this
<br />Security In,lstrument will secure all future advances and future obligations that aze given to or incurred
<br />by any on� or more Trustor, or any one or more Trustor and others. All future advances and other
<br />future obli;�ations are secured by this Security Instrument even though all or part may not yet be
<br />advanced. All future advances and other future obligations are secured as if made on the date of this
<br />Security I�strument, Nothing in this Security Instrument shall constitute a commitment to make
<br />additional pr future loans or advances in any amount. Any such commitment must be agreed to in a
<br />separate wuiting.
<br />C. All other o�ligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited by
<br />law, incluc�ing, but not limited to, liabilities for overdrafts relating to any deposit account agreement
<br />between T�ustor and Beneficiary.
<br />D. All additiqnal sums advanced and expenses incurred by Beneficiary for insuring, preserving or
<br />otherwise �protecting the Property and its value and any other sums advanced and expenses incurred by
<br />Beneficiaryl under the terms of this Security Instrument.
<br />In the event that I lBeneficiary fails to provide any required notice of the right of rescission, Beneficiary waives
<br />any subsequent s�curity interest in the Trustor's principal dwelling that is created by this Security Instrument.
<br />5. DEED OF TRU;ST COVENANTS. Trustor agrees that the covenants in this section are material obligations
<br />under the Secur�d Debt and this Security Instrument. If Trustor breaches any covenant in this section,
<br />Beneficiary may '�refuse to make additional extensions of credit and reduce the credit limit. By not exercising
<br />either remedy onl Trustor's breach, Beneficiary does not waive Beneficiary's right to later consider the event a
<br />breach if it happ�ns again.
<br />Payments. TrusC,or agrees that all payments under the Secured Debt will be paid when due and in accordance
<br />with the terms o� the Secured Debt and this Security Instrument.
<br />Prior Security Ipterests. With regard to any other mortgage, deed of trust, security agreement or other lien
<br />document that created a prior security interest or encumbrance on the Property, Trustor agrees to make all
<br />payments when Idue and to perform or comply with all covenants. Trustor also agrees not to a11ow any
<br />modification or �xtension of, nor to request any future advances under any note or agreement secured by the
<br />lien document w�thout Beneficiary's prior written approval.
<br />Claims Against� Title. Trustor will pay. all taxes (including any tax assessed to this Deed of Trust),
<br />assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the
<br />Property when dtte. Beneficiary may require Trustor to provide to Bene�ciary copies of all notices that such
<br />amounts are due� and the receipts evidencing Trustor's payment. Trustor will defend title to the Property
<br />against any clai�ns that would impair the lien of this Security Instrument. Trustor agrees to assign to
<br />Beneficiary, as r�quested by Beneficiary, any rights, claims or defenses Trustor may have against parties who
<br />supply labor or n�aterials to maintain or improve the Property.
<br />I �`�� .�Q
<br />Security Instrument-Open-End-Consumer-NE OCP-REDT-NE 7/2/2011
<br />VMP� Bankers Systems�"° ' �485(NEI�1�
<br />Wolters Kluwer Financial Servic�.s m1994, 2011 `` �e 2
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