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��15�1751
<br /> The proper�y is lacated in ...Ha 1 l.................................................. at ................................. ..
<br /> �C�unry)
<br /> ..4�8,7„Lillie,Dr............................. ..Grand_Island.................., Nebraska ..6.88�3,..,.,.,..
<br /> (Add�ress} �City} �ZIP�ode}
<br /> Together with a�l rights, easements, appurtenan�es, royal.tzes, mineral rights, o�� and�as r�ghts, a11 wat�r and
<br /> riparian rights, dit�hes, and vvat�r stock and a.I.� ex�st�ng and future xmprov�ments, structures, fixtures, and
<br /> repXacem�n�s th�t may now, ar at any�ime in th�future, be part of the real.esta�e described abave�al�referred
<br /> to as "Pr�p�r�y`►}.
<br /> 3. MA�IMUM �]�LIGATI�N LIMIT. Th��otal principal amoun� secured by this Security �nstrum�nt a� any
<br /> ane time sha11 not exceed $ ?D r.o fl o:,o.o................................... . Th�s limitatian of amount does not
<br /> in�xude �nterest and other fees and charges �alzdXy made pursuant to thzs Security Instrument. Also, this
<br /> limitat�on daes n�t appXy to advances made und�r the terms of th.zs 5ecurity Ins�ru�x�.�nt to pratect
<br /> B�neficiary'� security and to perform any of the covenants contained in t�izs 5e�urity Instrument.
<br /> 4. SECLTRED 1]E�T AND FUTURE ADVANCES. The term "Secured Debt" is d�fin�d as fol�ows:
<br /> A.I]�b� �ncurred under�h� �erms of a11 prom�ss�ry note�s}, �ontract�s}, guaranty�ies} or other evidence of
<br /> debt descr�bed b�law and a1� their ex�ensions, ren�vvals, modificat�ons or su�stitutions. �You must
<br /> s�peci�calr�identi�y the debt�(s} secured and yau should includ�the finQl maturity dQt�e�f such de���s}.}
<br /> Note Dated March l0 2D15 In The Amount of $20,000_4fl
<br /> A�cruing At A Varia�le Rate ji�Tith A Maturity Dat� �f March �5, �Q2fl
<br /> Said Laan In The Name�s} Of Michael R Wegner
<br /> And Casie J Wegner
<br /> B, All future advances fr�m Beneficiary to Trus�or or flther future obligat�ons of Trustor t� Benefrciary
<br /> under any prom�ssory not�, can�ract, guaranty, or other evidence af debt �xecuted by Trustor in favor
<br /> of Beneficiary after this S��urity Instrument wheth�r or not this S�curity Ins�rument is specifzcal.�y
<br /> refer�nced. If mare than one person sxgns this Secur�ty �nstrum�nt, each Trustar agrees that this
<br /> Secur��y Zns�rument wi11 secure a�I futu.r� advanc�s and fu�ure abligat�ons that are gi�en to or incurred
<br /> by any one or more Trustor, ar any ane nr more Trustor and nthers. AX� fu�ure advan�es and a�her
<br /> fu�ur� obligations ar� secured by �his S��urzty Instrument even though a.11 �r part may not yet be
<br /> advanced. AII futur� advances and ather future obligatzans are secured as �f mad� �n the date af th�s
<br /> Securzty �ns�rum�nt. Nothing in this S�curity �nstrum�nt sha11 constztute a commztm�nt to make
<br /> add�tionat or future Iflans ar ad�ances in any amount. Any such commz�m.ezat must be agreed to in a
<br /> sep arate wr�t�ng.
<br /> �.A��other ab�xgations Tru�tar nwes to Beneficiary, whzch may�ater arise, to the e�tent not prahibited by
<br /> 1aw, in�Iuding, but nat limx.ted ta, liab���t��s for o��rdrafts relating to ariy deposit ac�ount a�reem�nt
<br /> between Trus�or and Beneficzary.
<br /> D.AII add�t��nal sums advanced and expenses incurred by B�nefi��ary for in.suring, presexvzng �r
<br /> otherw�se prfltecti.ng the Prop�rty and �ts va�ue and any other sums advan�ed anc� expenses incurred by
<br /> Ben�ficiary under the terms of th�s S�curity�nstrument.
<br /> �n the ev�nt that Benefi�iary fa�ils tn provide any requir�d noti�e of�h�r�ght of res��ssion, Benefi�iary wazves
<br /> any subsequent s�cur�ty interest in the Trustor's princxpal d,we���ng that�s created�y th�s Secur�ty znstrument.
<br /> 5. DEED �F TRUST C�VENANrI'S. Trustflr agrees that�he cavenant� in this sec�xon ar� material obl�gations
<br /> unc�er the 5ecured Debt and this S�curity Instrument. If Trustor breaches any covenant xn this sect�on,
<br /> B�neficiary may refus� to make additzflnal. extensians of credxt and r�duce th� credit ��mit. By not exerc�szng
<br /> �ither remedy an Trustor's breach, B�nefi�iary do�s not wa.z�e Beneficiar�r's ri�ht ta �at�r consider the�vent a
<br /> breach if it happ�ns agazn.
<br /> Payments. Trustar agrees that al�payments under the Secur�d Debt wiil be paid when due and�n a�cardazace
<br /> with th�terms of the Secur�d Debt and�his Security Instrument.
<br /> Prior Security In.terests. W�th regard to any ather mor�gage, d�ed af trusty security agreement or oth�r ���n
<br /> dacument that created a prior security �nterest or encumbrance on the Properry, Trustor agrees to make ai�
<br /> payments wh�n du� and to perform or cflmply with a�I co��nants. Trustar also agrees not to ax�ow any
<br /> mad�fication or �xtens��n of, nor to request any future advances u.�.der any not�or agreement secured by the
<br /> Izen document vvith�ut Benefzciary's prior writ�en approval.
<br /> ��aims Aga�inst Titie. Trustor wi11 pay atI �ax�s �including any �ax assessed to th�s Deed af Trust},
<br /> assessmen�s, II�IlSy en�umbrances, ��as� payments, ground rents, util�tzes, and other charges relat�ng ta the
<br /> Property when due. Bene�c�ary may requir� Trustor to provxd� �� ��n�ficiary �flpies of ai.� natices that such
<br /> amoun�s are due and the receip�s �viden�ing Trustor's paym�nt. Trustor will defend t�t1� to the Praperry
<br /> agai�nst any c�aims that woul.d impazr the lien af �his Security Instrument. Trustor agrees ta asszgn to
<br /> Ben�ficzary, as requested by Ben�fz�zary, any rights, claims or defenses Trustor may have against partzes wh�
<br /> supply�abor or materials to maintai.n ar impro�e the Property.
<br /> Security Instr�ment-Qpen-�nd-Cansumer-N� ❑CP-REDT-NE 712120T 1
<br /> VMP�Bankers Systemst'v' VMP-C4B5�NEy �1 107�.�0
<br /> Wolters Kltawer Financial Servi��s�T 994,2Q 1 1 Page 2 of B
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