|
201304098
<br /> 1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is
<br /> acknowledged, and to secure the Secured Debts and Grantor's performance under this Security
<br /> Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the
<br /> benefit of Lender, with power of sale, the following described property:
<br /> THE SOUTH TWELVE (12) FEET OF LOT (8) AND ALL OF LOT TEN (10), BLOCK FOURTEEN
<br /> (14), IN SCARFF'S ADDITION TO WEST LAWN, IN CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> The property is located in Hall County at 1819 N. TAYLOR, GRAND ISLAND, Nebraska 68803.
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights,
<br /> all water and riparian rights, wells, ditches and water stock, crops, timber, all diversion
<br /> payments or third party payments made to crop producers and all existing and future
<br /> improvements, structures, fixtures, and replacements that may now, or at any time in the
<br /> future, be part of the real estate described (all referred to as Property). This Security
<br /> Instrument will remain in effect until the Secured Debts and all underlying agreements have
<br /> been terminated in writing by Lender.
<br /> 2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security
<br /> Instrument at any one time and from time to time will not exceed $41,081.49. Any limitation
<br /> of amount does not include interest and other fees and charges validly made pursuant to this
<br /> Security Instrument. Also, this limitation does not apply to advances made under the terms of
<br /> this Security Instrument to protect Lender's security and to perform any of the covenants
<br /> contained in this Security Instrument.
<br /> 3. SECURED DEBTS AND FUTURE ADVANCES. The term "Secured Debts" includes and this
<br /> Security Instrument will secure each of the following:
<br /> A. Specific Debts. The following debts and all extensions, renewals, refinancings,
<br /> modifications and replacements. A promissory note or other agreement, dated May 22,
<br /> 2013, from ESSENTIAL MOTION CHIROPRACTIC AND REHAB, LLC, DR. GEOFFREY R.
<br /> BUCHTA , WILLIAM P. BUCHTA and NANCY M. BUCHTA (Borrower) to Lender, with a
<br /> loan amount of $41,081.49 and maturing on October 1, 2018.
<br /> B. Future Advances. All future advances from Lender to ESSENTIAL MOTION
<br /> CHIROPRACTIC AND REHAB, LLC, DR. GEOFFREY R. BUCHTA , WILLIAM P. BUCHTA and
<br /> NANCY M. BUCHTA under the Specific Debts executed by ESSENTIAL MOTION
<br /> CHIROPRACTIC AND REHAB, LLC, DR. GEOFFREY R. BUCHTA , WILLIAM P. BUCHTA and
<br /> NANCY M. BUCHTA in favor of Lender after this Security Instrument. If more than one
<br /> person signs this Security Instrument, each agrees that this Security Instrument will secure
<br /> all future advances that are given to ESSENTIAL MOTION CHIROPRACTIC AND REHAB,
<br /> LLC, DR. GEOFFREY R. BUCHTA , WILLIAM P. BUCHTA and NANCY M. BUCHTA either
<br /> individually or with others who may not sign this Security Instrument. All future advances
<br /> are secured by this Security Instrument even though all or part may not yet be advanced.
<br /> All future advances are secured as if made on the date of this Security Instrument. Nothing
<br /> in this Security Instrument shall constitute a commitment to make additional or future
<br /> advances in any amount. Any such commitment must be agreed to in a separate writing. In
<br /> the event that Lender fails to provide any required notice of the right of rescission, Lender
<br /> waives any subsequent security interest in the Grantor's principal dwelling that is created by
<br /> this Security Instrument. This Security Instrument will not secure any other debt if Lender
<br /> ESSENTIAL MOTION CHIROPRACTIC AND REHAB,LLC
<br /> Nebraska Deed Of Trust Initials
<br /> NE/4XXXNVRBA00000000000654077N Wolters Kluwer Financial Services`01996, 2013 Bankers Page 2
<br /> Systems'"
<br /> Olt lip 11111111111111111111111111111 11 X1 HOE 1111111111111111111111111III 1111( 1
<br />
|