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201310039
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Last modified
8/19/2014 2:25:05 PM
Creation date
12/30/2013 3:35:06 PM
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DEEDS
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201310039
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201310039 <br /> SEE ATIACT:M.e. LA' E � ( f 4 <br /> The property is located in HALL at <br /> (County) <br /> 2603 W KOENIG ST <br /> (Address) <br /> GRAND ISLAND ,Nebraska 68803 <br /> (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 to <br /> as "Property"). <br /> 3. MAAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one <br /> time shall not exceed$ 48,000.00 .This limitation of amount does not include interest and <br /> other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to <br /> advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any <br /> 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 debt <br /> described below and all their extensions, renewals, modifications or substitutions. (You must specifically <br /> identify the debt(s) secured and you should include the final maturity date of such debt(s).) <br /> All amounts payable to Lender at any time under a U.S.BANK EQUILINE AGREEMENT dated 12/14/2013, <br /> signed by BIT NGUYEN.The length of the repayment period and the maturity date will depend on the <br /> amounts owed at the beginning of the repayment period,but it will end no later than the maturity date of <br /> 12/19/2038. <br /> B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under <br /> any promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of <br /> Beneficiary after this Security Instrument whether or not this Security Instrument is specifically referenced. <br /> If more than one person signs this Security Instrument, each Trustor agrees that this Security Instrument <br /> will secure all future advances and future obligations that are given to or incurred by any one or more <br /> Trustor, or any one or more Trustor and others. All future advances and other future obligations are secured <br /> by this Security Instrument even though all or part may not yet be advanced. All future advances and other <br /> future obligations are secured as if made on the date of this Security Instrument. Nothing in this Security <br /> Instrument shall constitute a commitment to make additional or future loans or advances in any amount. <br /> Any such commitment must be agreed to in a separate writing. <br /> C. All other 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 between <br /> Trustor and Beneficiary. <br /> D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise <br /> protecting the Property and its value and any other sums advanced and expenses incurred by Beneficiary <br /> 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 dwelling that is created by this Security Instrument. <br /> Security Instrument-Open-End-Consumer-NE VMPC465(NE) (1107).00 <br /> VMP @Bankers Systems TM DCP-REDT-NE 7/1/2011 <br /> Wolters Kluwer Financial Services 0 1994,2011 Page 2 of 8 <br /> N` v <br />
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