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201600211
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Last modified
5/17/2016 12:56:32 PM
Creation date
1/14/2016 11:51:37 AM
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DEEDS
Inst Number
201600211
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201600211 <br />Security Instrument will not secure any debt for which a non - possessory, non - purchase <br />money security interest is created in "household goods" in connection with a "consumer <br />loan," as those terms are defined by federal law governing unfair and deceptive credit <br />practices. This Security Instrument will not secure any debt for which a security interest is <br />created in "margin stock" and Lender does not obtain a "statement of purpose," as defined <br />and required by federal law governing securities. This Security Instrument will not secure <br />any other debt if Lender, with respect to that other debt, fails to fulfill any necessary <br />requirements or fails to conform to any limitations of the Truth in Lending Act (Regulation Z) <br />or the Real Estate Settlement Procedures Act (Regulation X) that are required for loans <br />secured by the Property. <br />C. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of <br />this Security Instrument. <br />5. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when <br />due and in accordance with the terms of the Secured Debts and this Security Instrument. <br />6. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the <br />estate conveyed by this Security Instrument and has the right to irrevocably grant, convey and <br />sell the Property to Trustee, in trust, with power of sale. Grantor also warrants that the <br />Property is unencumbered, except for encumbrances of record. <br />7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security <br />agreement or other lien document that created a prior security interest or encumbrance on the <br />Property, Grantor agrees: <br />A. To make all payments when due and to perform or comply with all covenants. <br />B. To promptly deliver to Lender any notices that Grantor receives from the holder. <br />C. Not to allow any modification or extension of, nor to request any future advances under <br />any note or agreement secured by the lien document without Lender's prior written consent. <br />8. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, <br />lease payments, ground rents, utilities, and other charges relating to the Property when due. <br />Lender may require Grantor to provide to Lender copies of all notices that such amounts are due <br />and the receipts evidencing Grantor's payment. Grantor will defend title to the Property against <br />any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to <br />Lender, as requested by Lender, any rights, claims or defenses Grantor may have against <br />parties who supply labor or materials to maintain or improve the Property. <br />9. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of <br />the Secured Debt to be immediately due and payable upon the creation of, or contract for the <br />creation of, any lien encumbrance, transfer or sale of all or any part of the Property. This right <br />is subject to the restrictions imposed by federal law, as applicable. <br />10. WARRANTIES AND REPRESENTATIONS. Grantor has the right and authority to enter into <br />this Security Instrument. The execution and delivery of this Security Instrument will not violate <br />any agreement governing Grantor or to which Grantor is a party, <br />11. PROPERTY CONDITION, ALTERATIONS, INSPECTION, VALUATION AND APPRAISAL. <br />Grantor will keep the Property in good condition and make all repairs that are reasonably <br />necessary. Grantor will not commit or allow any waste, impairment, or deterioration of the <br />Property. Grantor will keep the Property free of noxious weeds and grasses. Grantor agrees <br />that the nature of the occupancy and use will not substantially change without Lender's prior <br />written consent. Grantor will not permit any change in any license, restrictive covenant or <br />MARK A. HOLLISTER <br />Nebraska Deed Of Trust <br />NE /4XXSPIEHS000000000096 2 50 1 8N Wolters Kluwer Financial Services © 1996, 2016 Bankers Page 3 <br />SystemsT" <br />
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