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201208061
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Last modified
7/20/2017 9:53:47 AM
Creation date
9/27/2012 10:56:08 AM
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DEEDS
Inst Number
201208061
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201208061 <br /> 2. CONVEYANCE. For good and valuable consideration, the receipt and su�ciency of which is <br /> . atknowledged,and to sxure the Secured Debt{defined below)and Trustor's perFormance underthis Security <br /> Instrument,Trustor irrevocably grants,conveys and sells toTrustee,In trust for the beneflt of Beneficfary, <br /> with power of sale,the following described property: <br /> See attaehed Exhibit"A" <br /> The property is located in ..H.Al.C.S'..OUNT�'...............................................at .............................. <br /> (Counryl <br /> 264.6.JA.Y.S.T.�.GR.AI!1D..1.SIAIUR...................................................... Nebraska .688Q3-1.t31...... <br /> IAddress) (Ciry) 21PCode1 <br /> Together with all rights,easements,appurtenances,rayalties,mineral rights,oil and gas rights,all water and <br /> riparian righu,di[ches,and water stock and all existing and future improvements,structures,Rxtures,and <br /> replacements that may now,or at any[ime in the future,be part of the real estate described above(all referred <br /> to as"Property"1. <br /> 3. MAJ(IMUM OBLIGATION LIMIT. The total principal amaunt secured by this Security Instrument at any <br /> one ttme shall nm exceed S .1&648,A4............................... . This limitation of amount does not <br /> intlude interest and other fees and charges validly made pursuant to this Security Instrument.Alsa,this <br /> Iimilatlon does not apply to advances made mder�he terms of this Secudry Inst�ument to protect <br /> Beneficiary's security and to perform any of the covenants contained in this Security Instrument <br /> 4. SECURED DEBTAND FUTURE ADVANCES. The term"Secured Debt"is defined as follows: <br /> A. Debt incuRed under the terms of all promissory note(s),contrect(s),guaranty(iesl or other evidence of <br /> debt described below and all their extensions,renewals,modifications or substitutions. (You must <br /> specificallyidentifythede6t(sJsecuredondyoushouldincluderhe !lnalmatu�ltydateofsuchdebt(s).) <br /> Borrower(s):ANNETTE KROSSCHELL and SCOT KROSSCHELL <br /> Principal/Maximum Line Amount: 18,668.00 <br /> Maturity Date: 0910112037 <br /> Note Date: 09/07/2012 <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 other evidence of debt executed by Trustor in favor <br /> of 8eneflciary after this Security Instrument whether or not thls Securlty Instrument Is specifically <br /> referenced.If more than one person signs this Security Instrument,each 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 /> tuture obligatfans are secured by this Security Instrument even though all or part may notyet be <br /> advanced.All future advances and other future obligations are secured as if made on the date of thls <br /> Security Instrument.Nothing in this Securlty�nstrument shall constitute a commitment to make <br /> additional or future loans or advances in any amount.Any such commitment must be agreed to in a <br /> separate writing. <br /> C. All other obligations Trustar owes to Beneficiary,which may later arise,to the extent not prohibited by <br /> law,including,bu[not limited to,liabilities for overdrafts relating to any deposit account agreement <br /> between Trustor and Beneficiary. <br /> (page7o131 <br /> _�RMWoltenquwvMurlJServkn-Bankers5yc�emt � ��SBOCVSf01NfSItUS012 <br />
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