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201205505
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Last modified
7/9/2017 8:33:09 PM
Creation date
7/6/2012 8:53:33 AM
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DEEDS
Inst Number
201205505
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201205505 <br />The property is located in ....................... HALL........................ at .................................. <br />(County) <br />1.23..N. LOCUST.ST.APT..804........... . GRA.ND.. ISLAND Nebraska ...68801,,,, <br />............ . <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all <br />water and riparian rights, ditches, and water stock and all existing and future improvements, <br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the real <br />estate described above (all referred to as "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument <br />at any one time shall not exceed $ 45,.60.0..00............................... , Thus limitation of amount <br />. <br />does not include interest and other fees and charges validly made pursuant to this Security Instrument. <br />Also, this limitation does not apply to advances made under the terms of this Security Instrument to <br />protect Beneficiary's security and to perform any of the covenants contained in this Security <br />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 <br />evidence of debt described below and all their extensions, renewals, modifications or <br />substitutions. (When referencing the debts below it is suggested that you include items such as <br />borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />That Note dated 06/18/2012 in the original principal amount of $45,600.00 executed by <br />[6orrower(s):1 CHARLES D. CHASE to USAA FSB as Lender and having a maturity date of <br />06/28/2027. <br />B. All future advances from Beneficiary to Trustor. If more than one person signs this Security <br />Instrument, each Trustor agrees that this Security Instrument will secure all future advances that <br />are given to or incurred by any one or more Trustor, or any one or more Trustor and others. All <br />future advances are secured by this Security Instrument even though all or part may not yet be <br />advanced. All future advances are secured as if made on the date of this Security Instrument. <br />Nothing in this Security Instrument shall constitute a commitment to make additional or future <br />loans or advances in any amount. Any such commitment must be agreed to in a separate writing. <br />C. All additional 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 <br />incurred by Beneficiary under the terms of this Security Instrument. <br />5. PAYMENTS. Trustor agrees that all payments under the Secured Debt will be paid when due and in <br />accordance with the terms of the Secured Debt and this Security Instrument. <br />6. WARRANTY OF TITLE. Trustor warrants that Trustor is or will be lawfully seized of the estate <br />conveyed by this Security Instrument and has the right to irrevocably grant, convey, and sell the <br />Property to Trustee, in trust, with power of sale. Trustor also warrants that the Property is <br />unencumbered, except for encumbrances of record. <br />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, Trustor agrees: <br />A. To make all payments when due and to perform or comply with all covenants. <br />B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder. <br />C. Not to allow any modification or extension of, nor to request any future advances under any <br />note or agreement secured by the lien document without Beneficiary's prior written consent. <br />(page 2 of 9) <br />©1994 Wolters Kl.or Financial Services - Bankers SyatemdM Form USAAREDT-NE 6/15/2007 <br />
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