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ti01304643 BENEFICIARY (Lender): CITIZENS STATE BANK Organized and existing under the laws of the United States of America 121 N. CHESTNUT P.O. BOX 10 SPALDING, NE 68665 1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the benefit of Lender, with power of sale, the following described property: SUMMERFIELD 7TH SUBDIVISION, LOT 1, BLOCK 1, CITY OF The property is located in Hall County at 1516 SUMMERFIELD AVE, GRAND ISLAND, Nebraska 68803. Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, wells, ditches and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described (all referred to as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been terminated in writing by Lender. 2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time and from time to time will not exceed $200,000.00. Any limitation of amount does ud -st - d t= e a ° • ch •r . es dly " de pursuant to this Security Instrumm t. A •, is I 04 ' it: o •oes " p• o . ma under the terms of this Security In of the covenants contained in this 3. SECURED DEBTS AND FUTURE ADVANCES. The term "Secured Debts" includes and this Security Instrument will secure each of the following: A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and replacements. A promissory note or other agreement, No. 900058390, dated May 21, 2013, from BRIAN D MURPHY (Borrower) to Lender, with a loan amount of $200,000.00. B. Future. Advances. All future advances from Lender to BRIAN D MURPHY under the Specific Debts executed by BRIAN D MURPHY in favor of Lender after this Security Instrument. If more than one person signs this Security Instrument, each agrees that this Security Instrument will secure all future advances that are given to BRIAN D MURPHY either individually or with others who may not sign this Security Instrument. All future advances are secured by this Security Instrument even though all or part may not yet be advanced. All future advances are secured as if made on the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future advances in any amount. Any such commitment must be agreed to in a separate writing. In the event that Lender fails to provide any required notice of the right of rescission, Lender waives any subsequent security interest in the Grantor's principal dwelling that is created by this Security Instrument. This Security Instrument will not secure any BRIAN D MURPHY Nebraska Deed Of Trust Initials NE/ 4XXDIANNK00000000000654063051713N Wolters Kluwer Financial Services © 1996, 2013 Bankers System Page 2