|
201210885
<br /> The property is located in ...Hal.?................................................... at .....................................
<br /> (Counry)
<br /> ..1915,.Tn�,Diyision St Grand,.Island.,,,,,,,, „ Nebraska..6,8803,-543D.,
<br /> ...............................
<br /> (Address) (Ciry) (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. 1ViAXI1VIUM OBLIGATION LIMI1'.The total principal amount secured by this Security Instrument at any
<br /> one time shall not exceed $ 40,.000;,0,0,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , This limitation of aznount does not
<br /> include interest and other fees and charges validly made pursuant to this Security dnstrument. Also, this
<br /> limitation does not apply to advances made under the terms of this Security Instrument to proteet
<br /> Beneficiary's security and to perform any of the covenants contained in this Securiry lnstrument.
<br /> 4. S�CURED DEB'P AND FU'1'URE A�VANCES.The term"Secured Debt"is defined as follows:
<br /> A.Debt incurred under the terms of all promissory note(s), contract(s), o azanty(ies)or other evidence of
<br /> debt described below and all their extensions, renewals, modifications or substitutions. (You must
<br /> specifically identtfy the debt(s)seeured and you should include the final naatr�rity date of such debt(s).)
<br /> Note Dated November 27, 2012 In The Amount Of $40,OOO.DO
<br /> Accruing At A Variable Rate With A Maturity Date Of November 25, 2017
<br /> Said Loan In The Name(s) Of Glenda J Fantoni
<br /> B.All future advances from BenePiciary to Trustor or other future obligations of Trustor to Beneficiary
<br /> under any promissory note, contraet, b aranty, or other evidence of debt executed by Trustor in favor
<br /> of Beneficiary afrer this Security Instrument whether or not this Security Instrument is specifically
<br /> referenced. If more ihan one person signs this Security Instrument, each Trustor agrees that this
<br /> Security Instrument will secure all future advances and future obligations that arc 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 obiigations are secured by this Security Instrument even though all or part may not yet be
<br /> advanced. All future advances and other fumre 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 othcr obligations Trustar owes to Beneficiary,which may later azisc,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 expenses incurred by
<br /> Beneficiary under the terms 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 dwclling that is created by this Security Instrument.
<br /> 5. DEED OF'TRUST COVENANTS.Tnastor agrees that the covenants in this section are material obligations
<br /> under che 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 Secured Debt will be paid when due and in accordance
<br /> with the terms of the Secured Debt and this Security Instrument.
<br /> Prior Security Interests.With regazd to any other mortgage, deed of trust, security agreement or other]ien
<br /> document that created a prior security interest or encumbrance on the Property, Trustor agrces 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 agreemenl secured by the
<br /> lien document without Beneficiary's prior written approval.
<br /> Claims Against Title. Trustor will pay all ta7ces (including any tax assessed to this Deed of Trust),
<br /> assessments, liens, encumbrances, lease paymenCs, ground rents, utilities, and other charges relating to the
<br /> Property when due. Beneficiary may require Trustor to provide to Beneficiary copies of all notices that such
<br /> amounts are due and the receipts evidencing Trustor's payment Trustor will defend title to the PropeRy
<br /> against any claims that would impair the lien of this Security Instrument. Trustor agrees to assign to
<br /> Beneficiary, as requesced 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-Cons-umcr-NE OCP-RcDT-�E 7i2,�2019
<br /> VMPO 6ankers Systems'^� VMP-C4F5;NE) 11107i.00
<br /> Woltcrs Kluwer financial Services�7994,2011 Page 2 of 6
<br /> a�
<br /> �� ;
<br /> \
<br /> �f
<br /> li
<br />
|