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201209197 <br /> The property is located in .._Hall,,,,,,,,,,,,,,,,,,,,,,,,,,,,, <br /> ..................... at ......•••-•-•........................ <br /> (County) <br /> ..4039__Scheel,Rd;,,,,,,,,,,,,,,,„__,„__,,,� „Grand,_Ssland.NE__68_SO____ Nebraska ..68801-9711, <br /> (Address) (City) (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. 11�S��XLIV�IIVI O�F,%GA'�ION I.dMY'�. The total principal amount secured by this Security Instrument at any <br /> one time shall not exceed $ $7.�3 5 0,-_o o.............. . This lunitation of amount does not <br /> .........-•---•---... <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 wnder the terms of this Security Instrument to protect <br /> Beneficiary's security and to perfonn any of the covenants contained in this Security Instrument. <br /> 4. SECLTY�D I)EB'I'AND Y+iJ'I'UR�AI�VANC�5. The term "Secured Debt" is defined as follows: <br /> A.Debt incurred under ihe terms of all promissoiy 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 /> specifically zdentify the debt(s) secured and you should include the fina[snaturity date of such debt(s).) <br /> Note Dated October 18, 2012 Sn The Amount Of �87,350.00 <br /> Accruing At a Fixed Rate With A Maturity Date O October 25, 2017 <br /> Said Loan Sn The Name(5) Of Dylan KoscYi <br /> And Gina M Kosch <br /> S.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 Beneficiary after this Security Instrument whether or not this Security Insriltuient 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 Trustar, 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 conuuitment to make <br /> additional or future loans or advances in any amount_ Any such coinnutment must be agreed to in a <br /> separate 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 dcposit 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 InsriZiu�ent. <br /> In the event that Seneficiary 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 crealed by this Security Instrument. <br /> 5. I)EE7D O�'�'1��75I' COVENE4N�'S. Trustor agrees chat the covenants in this section are material obligations <br /> under the Secused Debt and this Security Instrument. If Trustor breaches any covenant in this section, <br /> Beneficiary may refuse to make additional extensions of credit and reduce the credit limiC. By not exercising <br /> either remedy on Trustor's breach, Beneficiary does not waive Beneficiary's right to later consider the event a <br /> breach if it happens again. <br /> %'ayniaents. 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 Instritment. <br /> Prior Securflty 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 'I'i41e. Trustor will pay all taxes (including any taac 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 Iieneficiary copies of all noCices that such <br /> ainounts are due and ffie receipts evidencing Trustor's paymen[. 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 /> Seneficiary, as requested by Beneficiary, any rights, claims or defenses Trustor may have against parties who <br /> supply labor or materials to maintain or improve the Property. <br /> Security Instrument-Open-End-Cansumer-NE OCP-REDT-NE 7/2/20'I 1 <br /> VMP�Bankers SystemsTM VMP-C465(NE) (1107).00 <br /> Wolters Kluwer Financial Services�1994,2011 � Page 2 of 6 <br />