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201211147
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8/19/2014 2:21:41 PM
Creation date
12/28/2012 3:06:20 PM
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DEEDS
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201211147
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201211147 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is <br />acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security <br />Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, <br />with power of sale, the following described property: <br />See attached Exhibit "A" <br />The property is located in ..HALL, COUNTY at <br />(County) <br />.547..E ATM T.ti GRANR..1$,ANR Nebraska ..5.00.1 r24.0.6 ..... <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. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any <br />one time shall not exceed $ . 49 QQ(,00 This limitation 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 this Security Instrument to 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 Debt" 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 it is suggested that you include items such as borrowers' names, note <br />amounts, interest rates, maturity dates, etc.) <br />Borrower(s): JOHN MARKWORTH and DEBORAH ANN MARKWORTH <br />Principal /Maximum Line Amount: 49,000.00 <br />Maturity Date: 11/30/2019 <br />Note Date: 11/16/2012 <br />B. 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 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 other future 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 />_ 1994 Wolters Kluwer Financial Services - Bankers Systems * Form USBREDTSFNE 5/14/2012 <br />(page 2 of 3) <br />
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