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2� 1 ����78
<br /> The praperry is Xocated in .Ha 11...... ....................... . ....... at .. ................. ...
<br /> •. •r• .�r• .•r•r •r• .•••r r r••• r•r�•
<br /> �County�
<br /> �3�4 � Anna St .� ,.Grand,I�land, ,,,,,,,,,,,,,,, Nebraska ..65���
<br /> .••......r r........•.•..•..•.•••..........•.•r...r r''' •..••••..• .••••.••r r. .r r ... •....•••.•..••.
<br /> (Address} �CitY} {Z�P Code}
<br /> Tagether with a1i rights, easements, appurtenances, royalties, mineral righ�s, oii and gas rrghts, a11 water and
<br /> riparYan rights, C�1tCr1�5, and water stock and a.11 existing and future improvements, structures, fixtures, and
<br /> replacemen�s�ha�may now, ar at any t�me in th�futur�, be par�of�he real estate descri�ed abave tall referred
<br /> ta as "`Proper�y"}.
<br /> 3. MA�IMUM �BLIGATIQN LIMIT. The total princxpal amount secured by this Se�urity Ynstrum�nt a� any
<br /> one time sha.�� nat exceed $ �o�,o 0 0..o.o..............�.�,�,............�.. . This Iimi�atian af amount does not
<br /> include interest and flther fees and charges val.idly made pursuant to this Security Instrumen�. A1sa, this
<br /> ��mitatinn does not apply to advances made under �h� t�rms of thxs Security �nstrument ta protect
<br /> Beneficiary'� securxty and to perform any of the covenants con�ained in this S��urxty �nstrument.
<br /> 4. SECTJRED DE�T ANI�FUTURE ADVAN�ES, The term "Secur��l D�bt" xs defined as fallovvs:
<br /> A.Debt in�urred under the �erms af aii prom�ssory nate(s}, conCract�s�, guaran�yties} or other e�idence af
<br /> debt describ�d below and aII their extensions, renewals, madrfY�ation� ar substitutions, ��or� mus�
<br /> specr�caZly identify the debt�s} secured and you s�ould include�he,finaZ�turzty date o�f such de�t��s}.}
<br /> � Nate Dated January l5, 2016 In The Amount Of $3D, ���.�0
<br /> Accruing At a Fixed. Ra�� With A Maturity Date �f January 25' 2��1
<br /> Said L�an In The Name�s} �f Jam�s C Bishop
<br /> And Nanelle S Bishap
<br /> B. All fu�ure advances fram Beneficiary to Trustar or ather future ob�igations af Trustor ta Beneficia.ry
<br /> under any promissary nflt�, con�ract, guaranty, or o�h�r e�idence of debt execu�ed by Trustor in fa�or
<br /> of Beneficiary after this Secur�ty �nstrument whether ar not this Security Znstrument is specifi�ally
<br /> referenced. If more than ane persan sx�ns this Se�urity Instrument, each Trustor agrees that thrs
<br /> 5ecurity �nstrum�nt w�ll secure a11 future ad�vances and future abligations tha� are given to ar incurred
<br /> by any one ar more Trus�or, or any one ar more Trustar and others. AlI future ad�an�es and other
<br /> future obligatxans are secured by this Securxty �nstrument even �haugh a1.I or part may no� yet be
<br /> advanced. Al� future advances and ❑ther future abligat�ons are s�cured as if made an the dat� af th�s
<br /> Security Instrument. Nothing in this Securr�y �nstrument shall cans�itute a commitment ta make
<br /> additronal or future Iaans ar advances in any amaunt. Any �uch cammitment must �e agreed ta in a
<br /> separat�wr�t�ng.
<br /> C.A11 oth�r obl�gations Trus�or owes to Ben��ciary, which may later aris�, to th� e�ct�nt not prohi�ited by
<br /> law, including, but not �imi�ed ��, Iiabilities for a�erdrafts rela�ing to any d�posxt ac��unt agreement
<br /> between Trustor and Beneficiary.
<br /> D,All additionaX sums a�vanc�d and expenses incurred by Benef�c�ary for insuring, pr�sexving �r
<br /> �th�rwise groteGting the Prflperty and zts va.iue and any other sums ad�anced and exp�nses incurred �y �
<br /> Benefz�iary under the t�rms of thxs Security �nstr�u.ment.
<br /> Yn the e�ent that Ben�ficxary fazls �o pro�id� any required natice af the right of rescissian, Sen�fic�ary waive�
<br /> any �ubsequent security in��rest�n the Trustor'�principal dw�iiin�that is �reated by this Se�urity rnstrum�nt.
<br /> S. DEED aF TRUST C�VENA►N�'S. Trustar agrees that th� covenants in�his section are material ob�igations
<br /> under �he Secur�d Debt and this Security Znstrument. �f Trustar breaches any covenant �n this section,
<br /> Beneficiary may refuse ta make additional ext�ns�ons af credit and reduce the credi� Iimi�. By not exercising
<br /> either remedy an Trustor's breach, Beneficiary does not waxve Benefxciary's right to la�er consider th�even�a
<br /> breach if rt happ�ns again.
<br /> Payments. Trustor agrees that a.11 paymen�s under the Secured Deb�wxlX be paid when due and in accordance
<br /> with the terms of the Secured Debt and this Security rnstrument.
<br /> Priar Secur�ty Interests. With regard to any other mor�gage, d��d of�rust, s�curity agreement or oth�r Iien
<br /> docum�nt that created a prior security interest or encumbrance on the Prop�rty, Trus�or agrees to make aI1
<br /> payments when due and ta p�rform or �amply v�ath al� ca�enants. Trustar also agrees no� �o allow any
<br /> mo�ificat�on or �xt�nsian of, nor to requ�st any futur� advances under any note ar agreement secured by the
<br /> lien dacument withou�Beneficiary's prxar written appraval.
<br /> C�aims Against TitY�. Trustor �vill pay all ta.�es �inciuding any tax assessed to this Deed of Trust},
<br /> assessments, Iiens, �ncumbrances, lea�e payments, ground rents, U.t111t1�5, and o�her charges re�ating to th�
<br /> Praperty when due. B�nefic�ary may require Trustor ta pravide to Beneficiary copies of all noti�es that such
<br /> amounts are due and the receipts e�idencing Trustor's payment. Trus�or wilZ defend t�tle ta the Property
<br /> against any claims that wauid impair �he lien of thi� 5�curity Instrumen�. Tru.star agrees to assign to
<br /> Ben�ficiary, as r�quested by Beneficiary, any rights, cla�ms or defenses Trus�ar may ha�e against parti�s who
<br /> suppi�Iabar�r materials to maintain or impro�e the Praperty.
<br /> Se�urity Instrument-�pen-End-Cor�sumer-N� DCP-R��T-NE 71�I�fl11
<br /> VMP�Ban4cars 5ystemsrM VMP-C465(NE7 �1 107f.��
<br /> Wolters Kluwer Financial Ser�ices p"1994,�D1 1 Page 2 af 6
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