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201207467
<br /> The property is located in ...Hal 1...---•••••....................................... at
<br /> .....................................
<br /> <County)
<br /> ,2939__Goldenrod„Dr„............ . Grand__2sland.NE__68,80,,,, Nebraska ..68so1-s�s5..
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royallies, mineral rights, oil and gas rights, all water and
<br /> riparian rights, ditches, 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 referred
<br /> to as "Property„)
<br /> 3. I�7��J1VI OBL,IGA'd'YON I.INYIT. The total principal amount secured by this Security Instrument at any
<br /> one time shall not exceed $ �5,.0 0 0,-.0,0___________________________________ _ This limitation of amount does not
<br /> include interest and oCher fees and charges validly made pursuant to this Security Instrument. Also, this
<br /> limitation does not apply to advances made under the terms of this Security Instrument to protect
<br /> Beneficiary's security and to perform any of the covenants contained in this Security Instrument.
<br /> 4. SECUY2ED DES3'AND FiJTiJ�i�+ 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 evidence of
<br /> debt described below and all their extensions, renewals, modifications or substitutions. (You must
<br /> specifzcally identify the debt(s) secured and you should include the final rrtaturity date of such debt(s).)
<br /> Note Dated August 03, 2012 Sn The Amount Of $25, 000.00
<br /> Accruing At a Fixed Rate With A Maturity Date Of August 25, 2017
<br /> Said Loan Sn The Name(s) O£ James Rogers JR
<br /> And Lorri J Rogers
<br /> B.All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary
<br /> under any promissory note, contract, guazanty, or other evidence of debt executed by Trustor in favor
<br /> of Beneficiary after this Security Instrurnent whether or not this Security Instrument is specifically
<br /> referenced. If more than one person signs this Security Instruuient, each Trustor agrees that this
<br /> 5ecurity Instniment will secure all future advances and future obligations that are given to or incurred
<br /> by any one or more Trustor, or any one or more Trustor and others. All future advances and other
<br /> future obligations 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 Instrument. Nothing in this Security Instrument shall constitute a comrnitment to make
<br /> additional or future loans or advances in any amount. Any such cominitment must be agreed to in a
<br /> sepazate writing.
<br /> C.All other obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited by
<br /> law, including, but not limited to, liabilities for overdrafts relating to any deposit account agreement
<br /> between Trustor and Beneficiary.
<br /> D.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 incurred by
<br /> Beneficiary under the terms of this Security InsriZunent.
<br /> In the event that Beneficiary fails to provide any required notice of the right of rescission, Beneficiary waives
<br /> any subsequent security interest in the Trustor's principal dwelling that is created by this Security Instrument.
<br /> 5. DEEID OF TI2iJST COVENANTS. Trustor agrees that the covenants in this section are material obligations
<br /> under the Secured DebC and this Security Instrument. If Trustor breaches any covenant in this section,
<br /> Seneficiary may refusc to make additional extensions of credit and reduce the credit limit. By not exercising
<br /> either remedy on Trustar's breach, Beneficiary does not waive Beneficiary's right to later consider the event a
<br /> breach if it happens again.
<br /> Payre�ents. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance
<br /> with the terms of the Secured Debt and this Security Inshument.
<br /> Prior Security Interests. 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 due and to perform or comply with all covenants. Trustor also agrees not to allow any
<br /> modification or extension of, nor to request any future advances under any note or agreement secured by the
<br /> lien document without Beneficiary's prior written approval.
<br /> Claims Against Title. Trustor will pay a11 ta�ces (including any ta�c assessed to this Deed of Trust),
<br /> assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the
<br /> Property when due. Beneficiary may require Trustor to provide to Seneficiary copies of all notices that such
<br /> amounts are due and the receipts evidencing Trustor's paymenL Trustor will defend title to the Property
<br /> against any claims that would impair the lien of this Security Instrument. Trustor agrees to assign to
<br /> Beneficiaty, as requested by Beneficiary, any rights, clauns or defenses Trustor may have against parties who
<br /> supply labor or materials to maintain or improve the Property.
<br /> Security Instrumant-Open-End-Consumer-NE OCP-REDT-NE 7/2/207'I
<br /> VMPD 8ankers SystemsTM' VMP-C465(NE) (t t 07).00
<br /> Wolters Kluwer Financial Services m1994,2011 Page 2 of 6
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