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200 �U112 �
<br /> Hall
<br /> The property is located in .................................................................... at ..............................................
<br /> (County)
<br /> 2605 Brahma St Grand Island 68801
<br /> .............................:............................... .................................................... Nebraska ....................... .
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian :
<br /> rights, ditches, and water stock and all exisung and future improvements, structures, fixtures, and replacements that may :
<br /> now, or at any time in the future, be part of the real estate described above(all refened to as "Property"). :
<br /> 3. MAXIMLIM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> 120,154 .88 • •
<br /> not exceed$ ................................................... . This limitation of amount does not include interest and other fees
<br /> and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br /> the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br /> Security Instrument.
<br /> 4. SECURED DEBT AND F'UTiJRE ADVANCES. The term "Secured Debt" is defined as follows:
<br /> A.Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br /> below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br /> suggested that you include items such as borrowers'names, note amounts, interest rates, maturity dates, etc.)
<br /> Note dated February 4, 2000, between Conseco Finance Servicing Corp. and
<br /> Shannon L Ahlman, Pamela J Ahlman, for $120, 154 .88, maturing February 15,
<br /> 2025.
<br /> B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any :
<br /> promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Beneficiary executed
<br /> after this Security Instrument whether or not this Security Instrument is specifically referenced. If mare than one
<br /> person signs this Security Instrument, each Trustor agrees that this Security Instrument will secure all future
<br /> advances and future obligations that are given to or incurred by any one or more Trustor, or any one or more Trustor
<br /> and others. All future advances and other future obligations are secured by this Security Instrument even though all :
<br /> or part may not yet be advanced. All future advances and other future obligations are secured as if made on the date
<br /> of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or
<br /> future loans or advances in any amount. Any such commitment must be agreed to in a separate writing. :
<br /> C.All obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited by law, including, :
<br /> but not limited to, liabilities for overdrafts relating to any deposit account agreement between Trustor and
<br /> Beneficiary. :
<br /> D.All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protecting :
<br /> the Property and its value and any other sums advanced and expenses incuned by Beneficiary under the terms of this
<br /> Security Instrument.
<br /> This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice of the right of
<br /> rescission.
<br /> 5. PAYMENTS. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance with the
<br /> terms of the Secured Debt and this Security Instrument.
<br /> 6. WARRANTY OF TITLE. Trustor warrants that Trustor is or will be lawfully seized of the estate conveyed by this :
<br /> Security Instrument and has the right to inevocably grant, convey, and sell the Property to Trustee, in trust, with power of :
<br /> sale. Trustor also warrants that the Property is unencumbered, except for encumbrances of record.
<br /> 7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien :
<br /> document that created a prior security interest or encumbrance on the Property, Trustor agrees:
<br /> A.To make all payments when due and to perform ar comply with all covenants. :
<br /> B. To promptly deliver to Beneficiary any notices that Trustar receives from the holder. :
<br /> C.Not to allow any modification ar extension of, nor to request any future advances under any note or agreement :
<br /> secured by the lien document without Beneficiary's prior written cons� T -28-090 (1 1/97) (page 2 of 6)
<br /> 01994 Bankers Systems,Inc.,St.Cloud,MN Form GTH-MTGLAZNE 7/8/98 (\`<'� _
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