201207435 - Laserfiche WebLink

Browse

201207435 2. CONVEYANCE.For good and valuable consideration,the receipt and suffciency of which is acknowledged,and to secure the Secured Debt(defined below)and Trustor's performance under this Security Instrument,Trustor irrevocably grants,conveys and sells to Trustee,in trust for the benefit of Beneficiary, with power of sale,the following described property: See attached Exhibit"A" The property is located in ..HAI.I,C.QUNTX.............................................. at ............................ (Counry) 3.��.4.A.RA61AN.GIR.,.GRAN.4.1.$.4AN.4............................................ Nebraska ..6.$$Dl-$65.6..... (Address) (City) (ZIP Code) Together with all rights,easements,appurtenances,royalties,mineral rights,oil and gas rights,all water and riparian rights,ditches,and water stock and all existing and future improvements,structures,fixtures,and replacements that may now,or at any time in the future,be part of the real estate described above(all referred to as"Property"). 3. MAXIMUM OBLIGATION LIMIT.The total p�incipal amount secured by this Security Instrument at any one time shall not exceed$ .bR.5.1�.09................................ . This limi[ation of amount docs not include interest and other fees and charges validly made pursuant to this Security Instrument.Also,this limitation does no[apply ro advances made under the terms of Ihis Security Instrument[o protec[ Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED�EBT AND FUTURE ADVANCES.The term"Secured Debt"is defined as follows: A.Debt incurred under the terms of all promissory note(s),contract(s),9uaranty(ies)or other evidence of debtdescribedbelow andalltheirextensions, renewals,modifcations orsubstitutions. (When referencing the debtr below it is suggested that you incfude items such as borrowers'names,note amoun[s,interest rates,maturiry dares,e[c.) Borrower(s): BERNARD SLINGSBY and BARBARA SLINGSBY PrincipaVMaximum Line Amount: 50,518.09 Maturity Date: 0 8/1 612 0 3 2 Note Date: 08/17/2012 B. AllfutureadvancesfromBeneficiarytoT�ustororotherfutureobligationsofTrustortoBeneficiary under any promissory note,contract,guaranty,or other evidence of de6t executed by Trustor in favor of Beneficiary aker this Security Instrument whether or not this Security Instrument is specifically referenced.If more than one person signs this Security Instrument,each Trustor agrees that this Security Instrument will secure all future advances and future obligations that are given to or incurred by any one or more Trustor,or any one or more Trustor and others.All future advances and other future obligations are secured by this Security Instrument even though all or part may not yet be advanced.All future advances and other future obligations are secured as if made on the date of this Security Instrument.Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or advances in any amount.Any such commitment must be agreed to in a separate writing. C. All obligations Trustor owes to 8eneficiary,which may later arise,to the extent not prohibited by law, including,but not limited to,liabilities for overdrafts relating to any deposit account agreement between Trustor and Beneficiary. (Poge 2 of31 _,1994WdtesNluwerFinancial5ervker-Bankers5ystems � PormU59PFDT5FNf5/19ROR