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201307969
<br />BENEFICIARY (Lender):
<br />FIRST NEBRASKA BANK
<br />Organized and existing under the laws of Nebraska
<br />330 N Spruce Street
<br />PO Box 315
<br />Valley, NE 68064 -0315
<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 />LOT THREE (3), BLOCK TWO (2), WOODLAND PARK FOURTH SUBDIVISION, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in Hall County at 4139 TEXAS AVENUE, GRAND ISLAND, Nebraska
<br />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 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 $11,400.00. 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. The term "Secured Debts" includes and this Security Instrument will
<br />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 September
<br />27, 2013, from JOHN D. BEHRENS (Borrower) to Lender, with a loan amount of
<br />$11,400.00.
<br />B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of
<br />this Security Instrument.
<br />4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when
<br />due and in accordance with the terms of the Secured Debts and this Security Instrument.
<br />5. NON- OBLIGATED GRANTOR. Any Grantor, who is not also identified as a Borrower in the
<br />Secured Debts section of this Security Instrument and who signs this Security Instrument, is
<br />defined as a cosigner for purposes of the Equal Credit Protection Act and the Consumer
<br />Financial Protection Bureau's Regulation B, 12 C.F.R. 1002.7(d)(4), and is referred to herein as
<br />a Non - Obligated Grantor. By signing this Security Instrument, the Non- Obligated Grantor does
<br />convey and assign their rights and interests in the Property to secure payment of the Secured
<br />Debts, to create a valid lien, to pass clear title, to waive inchoate rights and to assign earnings
<br />JOHN D. BEHRENS X / — i ,
<br />Nebraska Deed Of Trust U� Initial
<br />NE /4XASTRAND00000000000665050N Wolters Kluwer Financial Services ©1996, 2013 Bankers
<br />Systems"'
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