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201209560
<br /> The property is located in ...Hall, ................................ at.....................................
<br /> ............... .
<br /> • (::ounty)
<br /> „1610„Jerry..Dr.,_.,,,,,__„.................. ..urard„Island,NE,,,,,,,,,,,,, Nebraska..68803„-5021.
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances,royalties,mineral rights, oil and gas rights, all water and
<br /> ripazian rights, ditches, and water stock and�ll existing and future improvements, structures, fixtures, and
<br /> repiacements that may now,or at any time in the future,be part of the real estate described above(all refened
<br /> to as"Property").'
<br /> 3. MA�_ID�ICTNI OSLIGATION LI112IT.The totat principal amount secured by this Security Instrument at any
<br /> one time shall not exceed $ 50,,000;,00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , This limifation of amount does not
<br /> include interest and other fees and charges validly made pursuant to this Securiry Instrument. A1so, this
<br /> limitation does not apply to advances made under the terms of this Security Instrument to protect
<br /> Beneficiary's security and to perform any of the covenants contained in this Security Instmment.
<br /> 4. SECCZ2ED DEBT AND FUTURE ADVANCES.The term"Secured Debt"is defined as follows:
<br /> A.Debt incurred under the rerms 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. (You must
<br /> specifically identify the debt(s)secured and you should include the fircal maturity date of such debt(s).)
<br /> Note Dated November 03, 2D12 In The Amount Of $50,000.00
<br /> Accruing At A Variable Rate With A Maturity Date Of November 15, 2017
<br /> Said Loan In The Name(s) Of Jeffrey S Webben
<br /> And Teresa A TnTebben
<br /> B.All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary
<br /> under any promissory note, contract, guaranry; or other evidence of debt cxecuted by Trustor in favor
<br /> of Beneficiary after this Security Instrument whethcr or not this Security Instrument is specifically
<br /> referenced:-If more than;onc 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 other future obligations are secured as if made on the date of this
<br /> Securiry Instrument. Nothing in this Security Instrument shall constatute a commitment to make
<br /> additional or future loans or advances in any amount. Any such comznitment must be agreed to in a
<br /> separate writmg.
<br /> C.All other obligations Trustor owes to Beneficiary,which may la[er arise, to the extent not prohibited by
<br /> law, including, but not limited to, liabilities for overdrafts relating to any deposit 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 cxpenses incurred by
<br /> Beneficiary under the tcrms of this Security Instrument.
<br /> In the event that Beneficiary 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 created by this Security Instrument.
<br /> 5. DEED OF'd'KUS1'COVENANTS.Trustor agrces that the covenants in this section are material obligations
<br /> under the Secured 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'limit: 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 /> Payments.Trustor agrees that all payments under the Sccurcd Debt will be paid when due and in accordance
<br /> witYi the terms of the Secured Debt and this Security Instrument.
<br /> Prior Security Interests.With regazd to any othec 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 makc atl
<br /> payments when due and to peiform or comply wi�h all covenants. Trustor atso agrees not to allow any
<br /> modification or extension of, nor to request any future advances under any ttote or agreement secured by che
<br /> lien document without Beneficiary's prior written approval.
<br /> Claims Against 'I'itle. TrusYor will pay all taxes (including any ta�c 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. BeneSciary may require Trustor to provide to Beneficiary copies of all notices that such
<br /> amounts are duc and the receipts evidencing Trustor's payment. Trustor wi11 defend title to the Property
<br /> against any claims that would impair the lien of this Security Instrument. Trustor agrees to assign to
<br /> Beneficiary,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 Froperty.
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<br /> Security I nsttument-OpennEnd-Consumer-NE VMP�-CGfi 6 W EE(t t OT 00
<br /> VMPO Bankers Systems Pa 2 of 6
<br /> �,Vo,ters Kluwer Financlal Services�'1994,2011 9e
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