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201208297 <br /> 2. CONVEYANCE.For good and valuable consideration,the receipt and su�ciency of which is <br /> acknowledged,and to secure the Secured Debt(defined below)and Trustor's performance under this Security <br /> Instrument,Trustor irrevocably grents,conveys and selis to Trustee,in trust for the 6enefit of Beneficiary, <br /> with power of sale,the following described property: <br /> See attached Exhibit"A" <br /> The property is located in ..HAI.I.C.OIJN..I.I'.............................................. a[ ............................ <br /> (County) <br /> S.?S.�.OGUST.ST.N.,.G�N.4.�$.I,AN.4............................................. Nebraska ..6.$801-�93.6..... <br /> (Address) (Ciry) (ZIP Code) <br /> Together with all rights,easements,appurtenances,royalties,mineral righ[s,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 shall not exceed $ ..3R.O.QR,OA................................ . This]imitation of amount does not <br /> include interest and other fees and charges validly made pursuant to this Security Instrument.Also,this <br /> limitation does not apply to advances made under the terms of thls Secudty Instrument[o protect <br /> Beneficiary's security and to perform any of the covenants contained 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 described below and all their extensions, renewals,modifications or substitutions. (When <br /> referencing the debts below ir is suggested that you indude items such as borrowers'names,note <br /> amaunts,interest rates,maturity dates,ett.) <br /> Borcower(s): PATRICK JENSEN <br /> PrincipaUMaximum Line Amount: 30,000.00 <br /> Maturity Date: 09/19/2022 <br /> Note Date: 09l19/2012 <br /> B. AllfutureadvancesfromBeneficiarytoTrustororotherfutureobligationsofTrustortoBeneficiary <br /> under any promissory note,contract,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 /> 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 /> future obligations are secured by this Security Instrument even though all or part may not yet be <br /> advanced.All future advances and otherfuture obligations are secured as if made on the date of this <br /> Security Instrument.Nothing in this Security Instrument 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 obligations Trustor owes to Beneficiary,which may later arise,to the extent not prohibited by law, <br /> including,but not limited to,liabilities for overdrafts relating to any deposit account agreement <br /> between Trustor and Beneficiary. <br /> (pa9e2o13) <br /> _1999WOItnsNluwerFinancial5ervlces-6anke�s5ystems ' FormUSBPE�i5FNE5114/20II <br />