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20160©906 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is <br />acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under <br />this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the <br />benefit of Beneficiary, with power of sale, the following described property: <br />See attached Exhibit "A" <br />The property is located in .HALL - .COUNTY at <br />(County) <br />547 E 20TH $T , GRANP ISLAND , Nebraska .Q$8Q1 -240Q <br />(Address) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all <br />water and riparian rights, ditches, and water stock and all existing and future improvements, <br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the <br />real estate described above (all referred to as "Property "). <br />_ 1994 Wolters Kluwer Financial Services - Bankers Systems Form USBOCP -DT -NE 11/16/2012 <br />(City) (ZIP Code) <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument <br />at any one time shall not exceed $ .59,,982,011Q This limitation of amount <br />does not include interest and other fees and charges validly made pursuant to this Security <br />Instrument. Also, this limitation does not apply to advances made under the terms of this Security <br />Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other <br />evidence of debt described below and all their extensions, renewals, modifications or <br />substitutions. (You must specifically identify the debt(s) secured and you should include the final maturity <br />date of such debt(s).) <br />Borrower(s): DEBORAH MARKWORTH and JOHN MARKWORTH <br />Principal /Maximum Line Amount: 59,982.00 <br />Maturity Date: 01/15/2046 <br />Note Date: 01/15/2016 <br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to <br />Beneficiary under any promissory note, contract, guaranty, or other evidence of debt executed <br />by Trustor in favor of Beneficiary after this Security Instrument whether or not this Security <br />Instrument is specifically referenced. If more than one person signs this Security Instrument, <br />each Trustor agrees that this Security Instrument will secure all future advances and future <br />obligations that are given to or incurred by any one or more Trustor, or any one or more <br />Trustor and others. All future advances and other future obligations are secured by this <br />Security Instrument even though all or part may not yet be advanced. All future advances and <br />other future obligations are secured as if made on the date of this Security Instrument. <br />Nothing in this Security Instrument shall constitute a commitment to make additional or future <br />loans or advances in any amount. Any such commitment must be agreed to in a separate <br />writing <br />C. All other obligations Trustor owes to Beneficiary, which may later arise, to the extent not <br />prohibited by law, including, but not limited to, liabilities for overdrafts relating to any deposit <br />account agreement between Trustor and Beneficiary. <br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or <br />otherwise protecting the Property and its value and any other sums advanced and expenses <br />incurred by Beneficiary under the terms of this Security Instrument. <br />( ge 2 7) <br />