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<br />Instrument will remain in effect until the Secured Debts and all underlying agreements have
<br />been terminated in writing by Lender.
<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 S 137,400.00. 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. 179825, dated
<br />June 14, 2012, from MEGAN E JORGENSEN , DENNIS A JORGENSEN and GRACE
<br />JORGENSEN (Borrower) to Lender, with a loan amount of S 137,400.00.
<br />B. Future Advances. All future advances from Lender to MEGAN E JORGENSEN , DENNIS A
<br />JORGENSEN and GRACE JORGENSEN under the Specific Debts executed by MEGAN E
<br />JORGENSEN , DENNIS A JORGENSEN and GRACE JORGENSEN in favor of Lender after
<br />this Security Instrument. If more than one person signs this Security Instrument, each
<br />agrees that this Security Instrument will secure all future advances that are given to MEGAN
<br />E JORGENSEN , DENNIS A JORGENSEN and GRACE JORGENSEN either individually or
<br />with others who may not sign this Security Instrument. All future advances are secured by
<br />this Security Instrument even though all or part may not yet be advanced. All future
<br />advances are secured as if made on the date of this Security Instrument. Nothing in this
<br />Security Instrument shall constitute a commitment to make additional or future advances in
<br />any amount. Any such commitment must be agreed to in a separate writing. In the event
<br />that Lender fails to provide any required notice of the right of rescission, Lender waives any
<br />subsequent security interest in the Grantor's principal dwelling that is created by this
<br />Security Instrument. This Security Instrument will not secure any other debt if Lender fails,
<br />with respect to that other debt, to fulfill any necessary requirements or limitations of
<br />Sections 19(a), 32, or 35 of Regulation Z.
<br />C. 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. NON-OBLIGATED GRANTOR. Any Grantor, who is not also identified as a Borrower in the
<br />Secured Debts section of this Security Instrument and who signs this Security Instrument, is
<br />defined as a cosigner for purposes of the Equal Credit Protection Act and the Federal Reserve
<br />Board's Regulation B, 12 C.F.R. 202.71d)(41, and is referred to herein as a Non-Obligated
<br />Grantor. By signing this Security Instrument, the Non-Obligated Grantor does convey and
<br />assign their rights and interests in the Property to secure payment of the Secured Debts, to
<br />create a valid lien, to pass clear title, to waive inchoate rights and to assign earnings or rights
<br />to payment under any lease or rent of the Property. However, the Non-Obligated Grantor is not
<br />personally liable for the Secured Debts.
<br />6. 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 />7. 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 />8. 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 notices that such amounts are due
<br />and the receipts evidencing Grantor's payment. Grantor will defend title to the Property against
<br />any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to
<br />Lender, as requested by Lender, any rights, claims or defenses Grantor may have against
<br />parties who supply labor or materials to maintain or improve the Property.
<br />MEGAN E JORGENSEN
<br />Nebraska Deed Of Trust
<br />NE/4XAWAGNER00000000000626032N Wolters Kluwer Financial Services m7996, 2012 Bankers PaOe 2
<br />SystemsTM
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