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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
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