|
��15�3544
<br /> �
<br /> .
<br /> �. C�NVEYANCE.Far gaod and�aluable c�nsideration,the receipt and su�ficiency of which is
<br /> acknowledged,and to secure the Se�ured Debt�defined below}and Trustor's performan�e under this Se�urity
<br /> Instrument,Trustvr irrevaca�ly grants,conveys and sells ta Trustee,in trust for the benefit❑f Beneficiary,
<br /> w�th pvwer��sale,the following des�ribed property:
<br /> 5ee attached Exhibit"A"
<br /> The pr�perty is located in .HAI��,.��?I��TY................................................. at ............................
<br /> {County�
<br /> ..��:i.5..�2T.H.�T.1!]I.,.�F�ANC�.ISI�.ANQ...............................:..................... Nebraska �$$Q�-��.�$
<br /> �Address} [City} �ZIP Code]
<br /> To ether with all rights,easements,appurtenan�es,royalties,m�nerai right$,oil and gas rights,al!water and
<br /> 9
<br /> ri arian rights,dit�hes,and water stock and all existing and future�mpro�ements,stru�tur�s,fixtures,and
<br /> p
<br /> re lacements that may naw,ar at any time in the future,be part ofthe real estate deseribed aba�e�all referred
<br /> p
<br /> to as"Property"},
<br /> 3. MAxIMUM�BLIGATI�N L1MIT.The total prin�ipal amount se�ured by this Se�ur�ty fnstrument at any
<br /> one�ime sha11 n�t exceed$ ...4.0,a0.0.44............................... . This limitati�n of amount does not include
<br /> interest and other fees and charges�aiidly made pursuant to this 5ecurity Instrument. Als�, this limitation does
<br /> n�t a 1 to ad�ances made und�r the terms of this Security Instrument to protect Beneficiary's security and to
<br /> PP Y
<br /> perform any of the co�enants cvntained in this Security Instrument.
<br /> 4. SECURED DEBT AND FUTVRE ADVANCES. The term"Secured Debt"is defined as follows:
<br /> A.Debt incurred under the terms of al!promissory nate(s},�ontra�t�s},guaranty�ies}or other ev�dence of
<br /> debt des�rihed belovW and all their extensions, renewals, modifications or substitutions. ��Uhen
<br /> referencing the debrs below it is suggested that you in�lude items sucl�as borrowers'names,no�e
<br /> amounts,int�rest rates,maturity dates,etc.�
<br /> Borr�wer�s}: TERRY RICHARDS�N
<br /> Prin�ipalllVlaximum Line Amvunt: 4�,504.��
<br /> Maturity Date: D51��12�35 ,
<br /> Note Date: 451��12��5
<br /> B, All future ad�an�es from Benefieiary to Trustor or ather�uture vbligativns of Trustor tv Beneficiary
<br /> under any promissvey note,contract,guaranty,vr other e�idence of debt�xQ�uted by TruStor En favor
<br /> of Ben�f�ciary after this Se�urity Instrurnent whether flr not this Se�urity Instrument is�pe�ifi�ally
<br /> referen�ed.If more than vne per�on signs this Secur�ty Instrument,each Trustor agrees that th�s
<br /> Security fnstrument will se�ure all future ad�an�es and future obligations that are gi�en to or in�urred
<br /> by any one or more Trustor,or any vne ar more Trustor and others.All future ad�anc�s and o�her
<br /> future ohligativns are se�ured by this Se�urity in5trument e�en though a{I or part may nvt yet be
<br /> ad�anced.AI!future ad�ances and other future obligations are se�ured as if made on the date of this
<br /> Se�urity Instrum�nt.Nvthing in this 5ecurity Instrument shall constit+�te a commitment to make
<br /> additional or future loans o�ad�anee�in any amaunt.Any su�h commitment must be agreed to�n a
<br /> separate writing.
<br /> C, All obligations Trustor owes t�Benef�ciary,whi�h may later arise,ta the extent not pr�hi�ited by law,
<br /> including,but nvt limited to,I�abil�ties for o�erdrafts relating to any depasit a��ount agreement
<br /> betwe�n Trustor and Benefi�iary.
<br /> D. All additional sums ad�an�ed and expenses ineurred by Beneficiary for insuring, preserving or
<br /> otherwise prv�ecting the P�operty and its value and any other sums ad�an�ed and expenses incurred by
<br /> Benefi�iary under the terms of�hi5 Security In�trument.
<br /> �page Z of 7}
<br /> i 994 Wolters Kluwer financial5ervi�es-Sankers System5 * Farm USS-RE�T-NE 11 I1 fi1�012
<br />
|