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<br /> The property is located�n ...Hall.................................................. at .....................................
<br /> (Counry)
<br /> ..�12,,Renee..Rd................................ ..Doni�han........................., l�ebraska ..6,8 8 3�..........
<br /> ... .... . �Address} �City} ���P Code)
<br /> T�geth�r v�ith a�� rights, easements, appurtenances, rvya�ties, minera.l rights, ail and gas rights, all water and
<br /> riparian rights, ditches, and water stack and all existing and future improvements, stru�Cures, fixtures, and
<br /> replacements that may now, or at any tim�in the future, be part af the real estate describ�d abo�ve(a11 referr�d
<br /> ta as "Property"}.
<br /> 3. MAXIMUM UBLI�ATI�N LIMIT, The total principal amaunt se�ured by this Security Instrum�nt at any
<br /> on� time sha11 nat e�ceed $ �o,.4��:.�.�...............................,.., . This limi�ation af amount does not
<br /> include in�erest and other f�es and charges �alidly made pursuant t❑ this 5ecurit� �nstrument. Also, this
<br /> �imi�ation does nat apply to ad�ances mad� under the terms af th�s Security Instrument to prote�t
<br /> Beneficiary's security and to perform any of the co�enants�ontained zn this 5ecuri�y Ynstrument.
<br /> 4. SECURED DEBT AND FUTLTRE ADVANCES, The term "5�cured Debt" �s defined a.� fallaws:
<br /> A.Debt incurred under the terms af al.l pram�ss�ry note�s}, �4ntract�s}, guaran��r�i�s} ar other evidence of
<br /> debt descri�ed bel�w and all the�r extensions, renewals, mvdif�cations or substitutions. �You must
<br /> speci;�cally iderttify��ae debt{s}secured ar�d�ou shduld irtcZude the fi�ar mat�crity date of such debt�s�.}
<br /> 1rTote Dated September �3� ��15 Izz The Amount �f $54.D��.DD
<br /> Accruing At � Variable Rat� With A M�turit�r Date �f August 2 5� �D�0
<br /> Said Loan In The IrTam��s} �f Phillip J Vandewalle
<br /> And Sheila Vandewalle
<br /> B.All future ad�ances from Benefi�iary to Trustor or ather fu�ure obligations of Trustor ta Beneficiary
<br /> und�r any pramissory n�t�, con�ra�t, guaran�y, or other e�idenc� of debt execu�ed by Trustar in fa�or
<br /> of Beneficiary after this Securit� Instrument whether ❑r not this Security �nstrument is specifically
<br /> referenced. Yf mare than one person signs this Security �nstrument, each Trustor agree� tha� this
<br /> Security �nstrument will secure a�l future advances and future obligations that are given ta or incurred
<br /> by any ane ar mare Trustor, or any one ar more Trust�r and others. A11 future ad�ances and other
<br /> future �bligatians are s�cur�d �y this 5ecurity Instrument ��en though all or part may not yet be
<br /> advanced. All fu�xre advan��s and other futur� abligations are secured as if made an the date of thi�
<br /> Securi�� Instrument. Nothing in this Security Instrument shall consti�ute a cammitment ta make
<br /> additianal �r future �oans ar advances in any amount. Any such cvmmitment must be agreed to in a
<br /> separa�e writing.
<br /> C.All other obligatians Trust�r owes to Beneficiary, which may later arise, to the e�tent not prohibited�y
<br /> law, including, bu� nat �imited ta, liabilities far o�erdrafts relating to any deposit accaunt a�reement
<br /> between Trustar and Ben�ficiary.
<br /> D.All additional sums ad�an�ed and expenses incurred b� Beneficiary for insuring, preserving or
<br /> otherv`ris�prote�ting the Prop�r�y and its �alue and an�oth�r sums ad�anced and expens�s incurred by
<br /> B�neficiary under the terms of this Se�urity�nstrumen�.
<br /> Xn the e�ent xhat Ben�fi�iary fails to pro�ide any required notice of the right of rescissi�n, Beneficiary waives
<br /> any subs�quent security interest in the Trustor's principal dwelling that is creat�d b��his Security Instrument.
<br /> 5. DEED �F TRUST ��VENANTS. Trus�or agrees that the cavenants in this section are material obliga�ions
<br /> under the Secured Debt and this Security InStrument. If Trustor breaches any co�enant in this seGtion,
<br /> Beneficiary may refuse ta make additional extensians af credit and reduce the credit lirnit. By n�t �x�rcising
<br /> either rem�dy an Trus�or's�reach, Beneficiary daes not waiv�Benefi�iary's right ta later consider the e�ent a
<br /> breach if it happens again.
<br /> Paymen#s. Trus�ar agrees�hat all payments under th�Secured Debt wil�be paid when due and in acc�rdance
<br /> with the terrns of�he Secured Debt and this Security Instrum�nt.
<br /> Prior Security Interest�. With regard ta any ather mar�gage, deed �f trust, se�urit�r agreement or other lien
<br /> document that created a prior security int�re�t ar encum�rance on �he Property, Trustor agrees to make a�l
<br /> payments when due and tv p�rform or �omply with a�l c��renants. Trustor alsa agrees not to a11ov� any
<br /> madification or extensian of, nor ta request any future ad�rances under any note or agreement secured by the
<br /> li�n da�ument without Beneficiary's priar written appro�al.
<br /> Claims Against Titl�. Trustar will pay all taxes (in�luding any �ax assessed to this Deed of Trust�,
<br /> asses�ments, �iens, encumbran�es, lea�e payments, ground rents, utilities, and other �harges relating �o the
<br /> Proper�y when due. Beneficiary may require Trustor t� provide to BenefiGiary �apies vf a11 nati�es that such
<br /> amounts are du� and the receipts evidencing Trustor's payment. Trustor wil� defend t�t1e ta the Property
<br /> against any claims that v�vuld impair the Iien of this Security rnstrum�nt. Trustor agr�es to assign to
<br /> Beneficiary, as requested by Beneficiary, any rights, claims ar defenses Trustor may have against parties wha
<br /> supply labor o�materiais ta maintain ar�mprave the Prop�rty.
<br /> SeGurity Ir�strument-�pen-End-Cansumer-NE OCP-REDT-NE 71�1��7 1
<br /> VMP[�6ankers 5ystemsTM' VMP-C455RNE) f1 107f.OD
<br /> Walters Kluwer Financia!Ser�i�es�1994,2031 pa9��a��
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