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<br /> The pr�perty is I�cat�d in ...Ha 1 l.................................................. at .....,................. . .......
<br /> ... ...
<br /> �Caunt}�}
<br /> ..3�D,6,,N, W�I�b..Rd............................. ..Grand,I s l and.......,.........., Nebraska ,,�,8 8 0 3,,........
<br /> ..... . .. ....... ... .......... ..... ..... . ...,..
<br /> �Address} ��ity} (Z�P�ode}
<br /> Togeth�r wx.th alI rights, eas�ments, appurtenanc�s, roya�ties, mzneral. rzgbts, o�� and gas rxghts, aI� wat�r and
<br /> rzpar�an r�ghts, dit�hes, and water stock and at� ex�st�ng and future impravements, structures, fixtures, and
<br /> replacements that may n�w, or at any time zn the future, he part af the real estate descri�ed above�al�ref�rred
<br /> to as "Proper�y"}.
<br /> 3. MAXIMiTM �BLIGATI�N LIMIT. The �ota1 principal amaunt s�cured by this Secur�ty �nstrumen� at any
<br /> on� �i.me shall not exceed $ :?D�.o D o:.�.o................................... . Th�s �xmztat�an of amount daes not
<br /> in�Iude interest and o�ier fees and charges validly made pursua�.t ro this S�curity �nstrument. Alsa, th.zs
<br /> �i�ta�ion d�es not apply ta advanc�s made under the �erms of this Security �nstrument to prote��
<br /> B�n��ciary's se�urzty and to perform any of the co�enants contained in�his Security �nstrument.
<br /> 4. SE�IJRED DEBT AND FUTLTRE AI]VANCES. Th�t�rm "Secured Debt" xs d�f�n�d as follows:
<br /> A.D�b� zncurred under the terms of a1� prom�ssory no�e�s�, contractts}, guaranty��es} or �ther evidence of
<br /> deb� descgibed below and al.x thexr e�t�nsions, renewals, mod�ficat�ons or subst�tutions. {You �nust�
<br /> specl:f cally identify the debt�s} secured and y�u shaurd inc�ude the,final maturity dat`e of such debt�s}.�
<br /> Nate Dated �ctob�r l7� 2�14 In The Amount of $74, 000.��
<br /> Accruing At A Variable Rate With A Maturi�y Date �f �cto�aer 25. 2�19
<br /> S ai d Loan In The Name�s} 4 f R�s s S chumacher
<br /> �. AII futur� ad�an�es from B�n�ficiary to Trustor ar o�her future obligations of Trus�or to Beneficiary
<br /> under any promissory note, can�ract, guaranty, ar ather ev�dence of d�bt �xecuted by Trus�ar xn fa�or
<br /> of Benefx�iary after thzs Security Instrument whether or not thxs S��urity �ns�rument is sp�cxf�cal.�y
<br /> referenced. If mflre than ane p�rsfln s�gns this Securxty �nstz-�.m.�nt, each Trust�r agrees that this
<br /> S�curity �nstrument v�r��l secur� aII future advances and future ob��gat�ons that ar� given to or incurred
<br /> by any on� ar mor� Trustor, or any one or more Trustor and ot.��rs. AlI future advances and o�h.er
<br /> future obligatians are secured by this Securi.ty Instr�x�ment �ven though aII or par�t may not yet be
<br /> advanced. AII future advanc�s and other fu�ure ob�xgations are secured as if made on the date of this
<br /> Securzty Instrum�nt. Nothing in this Securi�y instrument shall canstitute a �ommi.tment to make
<br /> addi�ional ar future loans or advances in any anaount. Any such commitment mus� �e agre�d to zn a
<br /> s�p arate vvrit�ng.
<br /> �.A11 other obligations Trustor owes ta Beneficiary, which may la�er arise, to the extent n�t prohibited by
<br /> - Iaw, xn��uding, but not �xmi.ted ta, �iabi�iti�s for overdrafts relating �o any deposzt a�cflunt agreement
<br /> between Trus��r and B�n.�f���ary.
<br /> D.A�� addx�xonal sums ad�anced and expense� in.curred by Ben�f�ciary far �nsur�ng, preserving �r
<br /> atherw�.se prot�ctxng the Prflper�y and its �alue ax�d any ather sums advanced and expenses incurred by
<br /> Benef�ciary under the t�rms of this Se�urity Znstrument.
<br /> �n the event that Ben�fzcxary faz�s ta provide any r�quired notice of th�righ� of res��sszan, Beneficiary waives
<br /> any subsequent s�cur�ty znterest zn the Trust�r's prinGipal du�elling tha�xs created by thzs Security Instrument.
<br /> 5. DEED �F TR�ST C�VENANTS. Trustor agrees �ha� the�o��nants in thzs sectzon are mat�rial obl�gations
<br /> under the S�cured Debt and this Security �nstrument. If Trustor br�a�h�s any covenant in this section,
<br /> Beneficiary ma� refuse to make additronal e�tensions of credit and reduce the cred�t ��mit. By not exercis�ng
<br /> either remedy an Trus�or's breach, Benefi�iary does nat wai�e Beneficiary's r�ght to later consider the event a
<br /> breach�f�t happens aga.in.
<br /> Payments. Trustor agrees that aII payments under the Secur�d Debt wi11 be paid when due and in accardance
<br /> wi.th the�erms af the Secured Debt and this Se�urx�y �nstrument.
<br /> Prior Security Interests. Wi�h regard t� any other m�r�gage, deed of trust, security agreement or a�her ��en
<br /> document tha� �r�at�d a prior securzty interest or encu.mbrance om the Praperty, Trustor agrees �a mak� a11
<br /> payments when du� and to perf�rm or cnmply wzth aII cavenants. Trustar a.�.so agrees nQ� t� al�ow any
<br /> modifi�at�on or e�tensxon of, nar ta reques� any future ad�ances und�r any note or agreem�nt secured�y the
<br /> Iien document w�thou�Benefx�iary's prior written approval.
<br /> �la�ms Again�t T�t�e. Trustor will pay a.I.X taxes �znc�uding any tax assess�d to this Deed af Trus�},
<br /> assessm�nts, �iens, encum�rances, ��ase paym�nts, gr�und rents, utilities, and other charges relating to the
<br /> Prap�rty when du�. Benefic�ary may require Trustar to pro�ide ta B�neficxary capies of at� notic�s tha� such
<br /> amaunts are due and the rece�pts evidenc�ng Trustar's paym�nt, Trustor wz�l def�nd tit�e to th� Property
<br /> against any c�aims that would impair the ��en of th�s Security Instrum�nt. Trustor agr�es ta assign to
<br /> B�ne�czary, as requested�y Benefi��ary, any righ�s, claims ar defenses Trustnr may hav� against parties who
<br /> supply labor or materials tfl maintai.n.ar imprflve the Pr�perty.
<br /> Security Instrument-�pen-�nd-Consumer-NE OCP-R�C]T-NE 712I�OT�
<br /> VMPO Ban�Cers 5ystemsT"� VMP-C455�NE} ���07y.Q0
<br /> Walters KEuwer Financial Ser�ices D1994,201 1 Page 2 af fi
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