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20120644�
<br />The progerty is located in ...... ... .............. . ...Hap . . .. , ...... .... .. . ... . .... . at .� 2�0 5.,1 �OLh,Rnad. ... .. , .. . , . , .. ,
<br />(counry>
<br />......................... ........................... ...............W..00d Riuet..,.,........., Nebraska ........6$S&3.........
<br />(Address) (City) (ZIP Codc)
<br />Together with aIl rights, easements, appurtenances, rayalties, mineral rights, oii and gas rights, all water and
<br />riparian rights, ditches, and water stock and all exist'vng and future improvements, structures, fixtures, and
<br />replacements that may naw, or at any time in [he future, be part af the real estate described above (all referred
<br />to as "Praperky").
<br />3. MAXIMUM OBLIGATION LIMTT. The Cotai pri.ncipal amount secused by this Security It�strument at any
<br />one time shall not exceed. $.15.O,Of10.0t1 ............................... . This limitation of amount does noc include
<br />intexest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation
<br />does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's securi[y
<br />and to perPorm any of the covenants contained in this Security Instncment.
<br />4. SECUR�D DEBT AND FUTURE ADVANCFS. The term "Secured Debt" is defu►eci as foliows:
<br />A. Debt incwrred under the ternts of all promissory note(s), cantract(s), guaranty(ies) or other evidence of
<br />debt described below ancl ali their extensions, renewals, modifications ar substitutions. (When
<br />referencing the deGts belaw it is suggested tizat you ilzclude itenzs suclz as borrawers' nanaes, note
<br />antounts, interest rates, maturiry dates, etc.)
<br />Heritage Bank note #3300818 of eusn date herewith
<br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary
<br />under any promissory note, contract, guaranty, or othex evidence of debt executed by Trustor in favor
<br />of Beneficiary after this Secuz�ty Instrument whether ar noC this Security Instn�ment is specifically
<br />referenced. If more than one person sigas this Security Iustrument, each Trustor agrees that this
<br />Security T�astrument will secure ail future advances and future obligataons [hat are given to or incurred
<br />by any one or more Trusior, ar any one or more Trustor and others. All future advaz�ces and other
<br />fitture obligations are secured by this Security Instrument even thau$h ail or part may not yet be
<br />advanced. A1l future advances and other future obligations are secured as if made on the date of this
<br />Security Instrumeni. . Npttaing in this. Security Instrwnent shall constitute a commitment to make
<br />additional or future loans or advances in any amount. Any such comrnitment must be agreed to in a
<br />separate writing.
<br />C. All obligations Trustor owes to Beneficiary, which raay laeer arise, to che extent not prohibited by law,
<br />including, but not limitecY to, iiabilities for overdrafts relating to any deposit account agreement
<br />between Trustor and Bene�ciary.
<br />D. All additionial sums advanced and expenses incurred by Beneficiary Por insuring, preserving or
<br />atherwise protect'vng the Property and its value and any other sums advanced and expenses incurred by
<br />Bene�tciary under th� terms of this Security Instrument.
<br />This Security Instrument will not secure any other debt if Beneficiazy fails ta give any required notice af the
<br />right of rescission.
<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 />G. WARRANTY OF TITLE. Tzvstor edarrants that Trustor is or will be lawfully seized of the estate conveyed
<br />by this Security Insm�ment and has ihe right to inevocahly gzant, convey, and sell the Property to Trustee, in
<br />tnisi, with power of sale. Trustvr also warrants that the Property is unencumbered, except for encumbrances
<br />of record.
<br />7. PRIOR SECURITY INTERESTS. With regartl to at�y ot�.er mortgage, deed of txust, security agreeinent or
<br />otlier Iien document that created a prior security interest or encumbrance on the Property, Trastar agrees:
<br />A. To make all payments when due and to Qerform or compiy with atl covenants.
<br />B. To promptly deliver to Beneficiary any notices tlnax Trustor receives from the holder.
<br />C. Not to allow any modification or exteasion of, nor to request any future advances undex any note or
<br />agreement securecl by the lien document without Beneficiary's pcior written consenc.
<br />8. CLAIMS AGAINST TITLE. Trustor will pay all taxes, assessments, liens, encumbrances, lease payments,
<br />ground rents, utilities, and other chazges relating ta the Property when due. Beneficiary may require Trustor
<br />cQ provide to Beneficiary copies of all notaces that such amounts are due and the receipts evidencing Trustor's
<br />payment. Trustar will defend titte to the Properry against any claimns that wauld impair the lien of this
<br />Secucity Instrument. Trustor agrees to assign to Beneficiary, as requested by Beneficiary, any rights, claim.s
<br />or defenses Trustor may bave against garues who supply Iabor or materials to maintain or imprave the
<br />Property.
<br />Secwity tnstrumont-Consumer•NE
<br />VMP� Bankars SyetemsrM
<br />Wohera K{uwer Flnancial Serviaea �7994, 2071
<br />qE-DT•NE 7l112071
<br />VMP•Ct 861NE1 11407).00
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