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201207961 <br /> 2. CONVEYANCE.for good and valuable consideration,the receipt and sufficiency of which is <br /> acknowledged,and to secure the Secured Debt(defined below)and Trustor's performance under this Security <br /> Instrument,Trustor irrevocably grants,conveys and sells to Trustee,in trust for the benefit of Beneficiary, <br /> with power of sale,the following described propeny: <br /> See attached Exhibit"A" <br /> The properry is]ocated in ..HAI.I,C.OUNTY.............................................. at ............................ <br /> (County) <br /> 131.6.N..$.H�RIDAN,AV�...GRAN.P.I$LAN.R..................................... Nebraska ..G.$$A.�r.1�2.3..... <br /> (Address) (Cityl (ZIP Code) <br /> Together with all rights,easements,appurtenances,royalties,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. MAXIMUM OBLIGATION LIMIT.The total principal amount secured by this Security Instrument at any <br /> one time shal]not exceed $ .6R,O.QR.09................................ . This limitation of amount docs not <br /> include interest and other fees and charges validly made pursuant to this Security Instrument.Also,this <br /> ]imitation does not apply to advances made under the terms of this Security Instrume�t to protect <br /> Beneficiary's security and to perform any of the covenants tontained in this Security Instrument. <br /> 4. SECURED DEBT AND FUTURE ADVANCES.The term"Secured DebY'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 descri6ed below and all their extensions, renewals,modifcations or substitutions. (When <br /> referencing the debts below itis suggesred that you indude items such as borrowers'names,note <br /> amounts,interestrates,maturitydates,etc.J <br /> Borrower(s): LEO TYLKOWSKI and CATHERINE TYLKOWSKI <br /> Principal/Maximum Line Amount: 60,000.00 <br /> Maturity Date: 09/16/2027 <br /> Note Date: 08/30/2012 <br /> B. AllfutureadvancesfromBeneficiarytoTrustororotherfuiureobligationsofTrustortoBenefciary <br /> under any promissory note,conVact,guaranty,or other evidence of debt executed by Trustor in favor <br /> of Beneficiary after this Security Instrument whether or not this Security Instrument is specifically <br /> referented.If more than one person signs this Security Instrument,ea[h Trustor agrees that this <br /> Security Instrument 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 /> Se[urity Instrument.Nothing in this Security Instrument shall constitute a commitment to make <br /> additional orfuture loans or advan[es in any amount.Any such commitment must be agreed to in a <br /> separate writing. <br /> C. All obligations Trustor owes to Beneficiary,which may later arise,to the extent not prohihited by law, <br /> including,6ut not limited to,liabilitiesforoverdrafts relating to anydeposit account agreement <br /> between Trustor and Beneficiary. <br /> (Page2 a/3) <br /> _�994WolrersquweriinancialServices-9ankers5ysrems " PormUSBNE�T5FNE5/14R012 <br />