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<br /> The prop�rry is �o�ated in ,..Hal l............ ................................... a� ..........---.........---.........---
<br /> ...
<br /> ��ounty}
<br /> 4 3 5 ��mmanche Ave Grancl I s lan.ci ., Nebraska_.6_�$a 3.__.__....
<br /> -•--..................................................., .... .. . ..... . .....,........... _ .......
<br /> �Address} (Ciry} �ZIP Cod�}
<br /> Tog�ther with a�i rxghts, easements, appurtenances, rayalties, mineral rights, oii and gas righ�s, al.�wa�er and
<br /> r�parian rights, dztches, and v�ater s�flck and a�.X ex�strng and futu.re impra�ements, structures, f�xtures, and
<br /> r�placements that may now, or a�an�time zn the future, b�part of the real estate described ab��e�atl referred
<br /> to as "Property"�.
<br /> 3. MA�IMLTM�BLI�ATIQl�T IIIMIT. The tatal px-ua.cxpal amount secured by thzs Security Lnstrument at any
<br /> one time shal� n�t exceed � �5,.��o..�.�...---•--.......................... . This Iinxitatxon of amount daes nat
<br /> include xnter�st and other fees axid charg�s �alidly mad� pursuant to this Secur�ty Instrum�nt. Aiso, thi.s
<br /> �im�tatifln do�s nat appl� to advance� made under the terms af �15 Securzty Instrumen� �o pratect
<br /> Beneficzary's securit�and ta perfarm any of the co�enants�an�ained in thzs Security�nstrumen�.
<br /> 4. SE�URED DEST AND FLTTLTRE AD�ANCES. The t�nn "Secured Debt" is defined as fol.�av�s:
<br /> A.D�bt xncurred under the terms af all prom�ssory nate�s�, contract�s}, buaranty�i�s} or a�her e�idence of
<br /> de�t described belaw and aIl their �xtenszons, renew�.s, madifications ar substztutzans. �YQu must
<br /> speci�earZy identi.fy tT�e debt�s� secr�r�d and you should include t�he�nal rnat�urity dat�o�f su�h debt{s�.}
<br /> Note Dat�d August.l8 ��15 In Th� Amaunt �f $25�0��.00
<br /> Accruing At A Variab�.e Rate With A Maturity Date �f August 25, 2�2�
<br /> S aid Loaxx. In Th� Name�s} fl f Jim D rams e
<br /> And Ila Dramse
<br /> B.AII future advances from Benefz�zary to Trustor �r �ther future obl7gatrons of Trustar ta B�n�fi�iary
<br /> under any promzssory not�, contract, guaranty, ❑r other evidenCe of debt e�ecu�ed by Trustar in favar
<br /> of Bene�.ciary a.f�er this Securi.�y Instrument whether or not this Security Ins�rument xs S�7�C1f1CaII�
<br /> referenced. If mare than �ne person signs thi� Securzty Instru�ment, each Trustor agrees �hat this
<br /> Security Instrument wi�l secure a11 future ad�ances aza.d future abligatxons rhat are given to or Yn�urred
<br /> by any one ar mar� Trustor, or any one or more Trustor and oth�rs. Al.� future advances and ather
<br /> future oblrgations are secur�d by th�s Security Instrum�nt e��n thaugh al.� or part may nat yet be
<br /> ad�anced. A�1 futur� advan�es and �ther futur� obXxgatian� are secured as if made on the date flf this
<br /> 5ecurity I:nstrument. l�Iathing in this Securxty �n�trument sha�I cons��tute a cammztment t� make
<br /> add�txonal or fu�ure l�ans or advances in any amount. Any such commit�nent must be abreed �� in a
<br /> separate writing.
<br /> �.All other obxxgatzons Trustor owes to Benefxci.ary, which may Iater ar�se, t�the extent not prohi�ited by
<br /> �aw, �nclud7ng, but not lixnzted ta, ��ab��it�es f�r overdrafts re�ating ta any depos�t account agreemen�
<br /> be��ween Trustor and Beneficzary.
<br /> ]a.Ax� additzonal sums ad�an��d and exp�ns�� incurred by Beneficiary far �n�ur�ng, preserving ar
<br /> otherwis�prot��ting the Property and its value and any ather sums advanced and e�penses incurred by
<br /> Ben�fx�xary under thc t�rms of this Securxty Instrum�nt.
<br /> �n�he e�ent that Beneficiary fai.�s to provzde any required notzce of the rxght of rescisszan, Beneficiary u�aives
<br /> any subsequent security znterest in.the Trustar's princxpa�dwe�.��ng that is created�y th�s 5ecurity Instrument.
<br /> 5. I]EEI] �F TRL�ST CDVEI�TAN'I'S. Trustar agrees that the covenan�s in this section ar�mat�r�al abligatians
<br /> under the 5e�ured Debt and t,�.�s Security Ins�rument. Zf Trustor breaches any cov�nant in this sect�on,
<br /> Beneficiary ma�refuse to make additianal ext�nsz�ns af credit and ���u�e the credit limi.t. By not exerc�sing
<br /> either remedy on Trustor's breach, Benef�crary daes not vwai��Benefi��ary's rzght�o�at�r�ansrder the e�ent a
<br /> breach if it happens again_
<br /> Paym�nts. Trustar agrees that all paym�nts under�he Secur�d Debt wz�x be pai.d when due and in ac�ordan�e
<br /> wxth the terms of th.e Secured Deb�an�thxs Secur�ty Instrument.
<br /> Priar Security Interests. Wzth regard to any flth.er mortgage, deed of mzst, securx�y agreement vr ather Iien
<br /> document that created a pr��r securzty interest or encum.brance an the Properry, Trustor agrees ta.�nake aII
<br /> payments u�hen du� and �� perfarm ar �ampiy wzth al� �avenants. Trus�or also agrees not to all�w an�
<br /> madxfz�at�on�r extension af, nar to reques� any future advances und�r any note or agreem�nt secured by the
<br /> lzen documen�vvi�hout Benefi�iary's prior wrztten apprava.J�,
<br /> C�ai.ms Aga�ns� Tit��. Trust�r wrll pay al.x ta.x�s �i.ncluding any tax assessed to this I3e�d of Trust�,
<br /> assessments, l.zens, encumbrances, l�ase payrnents, ground rents, ut�lx�z�s, and oth�r charges r��atua.g to th�
<br /> Property when due. B�n�ficiary ma�requzre Trustor ta prav�de t� B�n�ficzary c�pies af all n�tices that such
<br /> amounts are due and the receipts evic�encing Trustor's payment_ Trustar wz�l def�nd tztXe to the Praperty
<br /> agaznst azay c�azms that would impair the �xen of this Security T�nstrument. Trustor agrees to assign to
<br /> Benefi�xary, as reques�ed by B�neficiary, any r�ghts, c�aams or d�fenses Trustor may ha�e aga.�nst part�es who
<br /> supply labor or materza�s to maintain or improve the Pr�perty.
<br /> Security Instrument-�pen-End-CQnsumsr-NE OCP-REDT-NE 71�1��'I'I
<br /> VMP�Banker5 Systems�'" VMP-G455tNE] {��p7}.pp
<br /> Wafters K[uwer Financial Senrices C1994,ZdT 1 Page 2 af�
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