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<br /> The property is IcxateJ in.,,,Etall................. .................................... at........................,...,................,
<br /> ..(County) 6 8 B O1
<br /> 1E09 S Bddy Streek ................. ...orand Island..,,.,................... ,Nebraska ..... . ,,...... ...,
<br /> ...................... .;...... '� (Ci�y) (7.1P Cafe)
<br />- (Ad4rcs+ .
<br /> Together with all rights, easements, appurtenances, royalties, mineral riblus,oil and'gas rights, all water ancl riparian
<br /> righu, ditcl�cs, and water stock and all axisting and fi►ture improvements, structures, fixtures, anci replac:en�ents that may
<br /> now,or at any time in the future,be part of the real ostute describecl above(all refened to us'Propeny").
<br /> 3. MAXIIViUM OBLIGATION LIIriIT.The total principal a�nount secured by this Security Inctrument at any one time shall _
<br /> ' not eaceecl S...13:,000.:00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,This limitation af aniountdoes not ltxlude Interest and other fees
<br /> and charges validly mede pursuant to this wecurity Instrt:mcnt. A1so,this limitationdoes not apply to advances made under
<br /> the tecros of this 5rcurity Iastiument to protect Beneficiary's security and to perform any of the covanants contaiml ui thls
<br /> Security Instmment.
<br /> 4. SEC[JRED DEBT AND F[JTU1tE ADVANCES.The tecm"Secured Debt" is defined as follows:
<br /> A.Debt incuaed uncler the terms of all promissory x►ote(s),wntract(s),guaranty(s)or other evidence of debt described
<br /> ' below ancl all their extensions, renewals, inodiHcations or substitutions. (N'Iten reJ'erencing the debts below it ts _
<br /> suggested that you lncltult�tems such as borrowers'names, note anwuna,inrerest rates, maturlty dates,ctc.)
<br /> Note dated AecembPr 14, 1998, between Green Tree Finencial Servi.cing
<br /> Corporation and Marci R Schlrmer, George M Schi•rmer, for $13,000.00,
<br /> maturing January 1, 2009.
<br /> B.All future advances from Beneficiary to Tnutor or other future obligadons of Trustor to Aene6ciary i�r �y
<br /> promissory note, conuact, guaranty,or other evidencz of debt executed by Trustor in favor of HeaeficiAry execured
<br /> after this Socurity Instrument whether or not this Security Iastnunent is specifically referen�cl. If more tt�an ooe
<br /> person signs this Se�urity.Instrument, each Trustor agrees that this 5ecurity Iasttument will sxure a11 future
<br /> advances uxl future obligauons ehac arc givcu to oi in�.�urrcd b,���Q===^r L"nrr_.Tru�tor;o�anV o11C oI Iliole TIUStOi
<br /> az►d others. A1l future advances and oWer future obligations are secured by�his Secudty Instnuneat evan t1�ou8t►U!
<br /> or put rn�y not yet be advanced• All future ndvances and other future obli�uions aze stcurod�.s i�f m�de on the d�te
<br /> of tl�is Sec�rity Insteument. Nothing in tLis Security Iastcument shall consUtute a commitment to makC a�did°na�or
<br /> future loans or a�lvances in any amount. My such couunitment must be agrad to in a separs�u writing.
<br /> C.All obligzdons Tn�stor owes w Beneficiary,wtuch may later arise, to the eateat not prohibited by law, including,
<br /> but not lunited to, liabilidos for overdrafts relating to any deposit account agceement betwai� Tzustor ru�d
<br /> Bene6ciary. pe
<br /> D.the ProPe Y and its value�and any other sums advu►ced aud expen�ses incurnd by Beuefidiu uader the tecws of thi s
<br /> Secarity Iasuument,
<br /> This Securiry lastrument will not secure nny otbtr debt if Beneficiuy fails to give any requir�d notice af the right of
<br /> rescission.
<br /> 5. pAr sMf the�S�au ed Debt and ttris Sxunry Instrament� S�ured Debt will be paid when due and in accordanct witli the
<br /> 6, WARRANTY OF TITLE. Tnutor watrants t1�at'Tnutor is or will be lawfully seir.al of the esta.te comeyed by ttus
<br /> Security Instnunent and has the right to irrevocably granc, convey,and sell the Property to Tcustee,in uust,with powu of
<br /> sale.Trustar also warrants t1�at the Propecty is unencumbered,eacept for encumb��nces of record.
<br /> 7. PYtIOR SECURI7'Y ITVTERFSTS.With regard to any other mortgage, deai of tmst, security agceement or other Uen
<br /> document that created a prior security interest or encwnbrance on the Property. Tcustor agrees:
<br /> A.To n�lce all payments when due and to perfocm or comply with all covenants.
<br /> B.To prompdy deliver to Beneficiary any not�ces that Trustor rec�ives f�om t6e bolder.
<br /> C.Not to allow any modificadou or extension of, nor to re�uest any futuro adva�xes u�cler any note or agreement
<br /> secuced by the lien document without[ienefici:►ry's prior wr►tten con�s/eynt�. � ��. • 90(11/97) Ipsqs 2 of sl
<br /> A10o4 lH+tM�SyttMn�.Inc..St.Cloud,MN Form OTH•MTOLAZNE 1flIOB � "�`(������ �•_
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