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2� 1 ��5995
<br /> The property is �ocated in ...Ha 1 l.. .... ........................ . at ............... ...................
<br /> ...... .... ......... ...
<br /> _ �county}
<br /> 2�11 W Laui�e 5t .� ..Grand.Island,.�_�__.�........,, Nebraska 68$03 .....
<br /> r r r r...............•.................................. r.r.....•• .•......... ....•..••••••..r
<br /> �Address} �CitY} �ZIP C�de}
<br /> Together with all rights, easements, appur�enances, royalties, mzneral rights, oYl and gas r�ghts, aii water and
<br /> rxparian rights, ditches, and water s�ock and al.x existing and future impro�ements, �truGtures, fixtures, and
<br /> repiac�men�s that may now, or at an.y time in the futur�, be part of the real es�ate described abave�a�I referr�d
<br /> to as "Propexrty"}.
<br /> 3. ��LIGATIaN LIMIT. The �ota1 princ�pal am.ount secured by this S��ur��y Instrumen� at any
<br /> ane time shall not exceed $ 6 8�,o o�..o.o................................... . Th�s limi�ation of amount does nat
<br /> inc�ude �.n.�erest and other fees and charges validly mad� pursuant to this Security Instrument. Also, th.Ys
<br /> I�rn�tation doe� not apply �� ad�ances made under �h� terms af �h�s Secur��y �nstrument ta pro�ect
<br /> Benef�ciary's security and tfl perfarm any of�he covenants con�ain��1 in�his Security Ins�rument.
<br /> 4. SEC�CTRED DET3T AND FUTURE ADVANCES. The term "Secured I]�bt" is def�ned as fo�lows:
<br /> A.I3ebt incurred under the�erms of al� promissary note�s}, cantract�s}, guaranty�i�s} or oth�r evxdence of
<br /> debt described belaw and a11 the�r extensions, renewals, modif�cations ar substxtutions. ��'a�c must
<br /> specifzcalZ�ident�ify the debt(s}secured and you shauld include the fir�ar ma�urity date of such delat�s�.�
<br /> Note �ated September o�, �a1� ,zn Th� Amoun�t of $�g,ao�.o�
<br /> Accruing At A Variable Ra�e �With A Maturity Date nf Sep�ember l�� 2��1
<br /> Said Loan In The Name�s} �f Jared J Hansen
<br /> And 5arah E Han.sen
<br /> B.A11 future advances from Beneficiary t� Trustor or other future obligatians of Trustar ta Ben�f�cxary
<br /> under any pramis sary nate, cfln�ract, guaranty, or other evidence af deb� executed by Trus�or in favor
<br /> of Beneficiary after th�s Security Instrum�nt whether ❑r nat this S�curity Instrument is specxfically
<br /> referen��d. If mare than one person signs this Se�urity Instrument, each Trus�or agre�s that this
<br /> Securzty Instrument will se�ur� a1I futur� advan�es and future ob�xgat�ans that are gi�en to or incurred
<br /> by any ❑n� or more Trus�or, or any on� or more Trustar and �th�rs. Al� future ad�ances and o�h.er
<br /> future flbiigat�ans are secured by this Security Ins�rument e��n thflugh all or part may nat yet be
<br /> advan�ed. A�� future ad�anc�s and other future obligations ar� s�cured as if ma�e �n the date of this
<br /> S�curxty Instru�ment. Nothing in thxs Security Instrum�n� sha11 constitute a �ommitment to mak�
<br /> addxtional or future loans or advances in any amount. Any such commitment must be agreed t� in a
<br /> sep arate tivr�tin�.
<br /> C.AI� ather obl�gat�ons Trustar awes ta Benefic�ary, which may later arise, to�he extent nflt prohibited by
<br /> Iaw, including, but not �imited �a, liabili�x�s for o�erdrafts reiating to any deposi� ac�aunt agreement
<br /> between Trust�r and Beneficiary.
<br /> I3.A�� add�t�aa�a.l sums advan�ed and expenses incurred by Beneficiary for insuring, pres�rv�ng or
<br /> ather�wise pratect�ng the Property and Yts �alue and an.y other sums advanced and expenses incurred by
<br /> Benef�c�ary under�ie terms of this Security Instrument.
<br /> In the��rent�hat Beneficiary fa�1s to prav�de any required not�ce of the right of rescission, Beneficiary wa.�ves
<br /> any subsequent securit�r interest in th�Trustor's princzpa.l dwelling that xs created by this Security Ynstrument.
<br /> 5. I3EED �F TRUST Ca�'ENANTS. Trustor agrees that th��o�enan.ts in this secti�n are material ob�xgat�ans
<br /> under the Secured Debt an.d t�.is Security Instrument. �f Trust�r br�aches any covenant rn th�s sectian,
<br /> Beneficiary may refuse to make addxt�onal extensions af credit and r�duce the credit limit. By not exercising
<br /> ei�her remedy on Trustor's breach, Benefi��ary does not waive Beneficiary's right to Iater cansider the e�en�a
<br /> breach xf�t happens aga�n.
<br /> Paym�nts. Trustor agr��s that all paymen�s under the Secured I3��t w��1�e paid when due and in accordance
<br /> w�th the terms of the Secured Debt and this Security Tnstrument.
<br /> Prinr Security Inter�sts. Wxth regard to an� other mortgage, deed of trust, security a�reemen� or other�ien
<br /> do�ument that created a priar security interest or encumbra.n.ce on the Proper�y, Trustor agrees t� make aII
<br /> payments when du� and to perfarm or cnmply w�th a11 covenan�s. Trustor also agrees no� �o a�.l�w any
<br /> modification or extensian of, nor ta request any future ad�ances under any note or agreement secured by the
<br /> �ien documen�withaut BenefYciary's prior wrxtten appr�val.
<br /> CYaYms Against Title. Trustor wi�1 pay aIl taxes �including any ta� assessed ta this I3eed of Trust},
<br /> ' assessments, Iiens, encumbrances, Iease payments, ground rents, u�zlz�ies, and other charges relating to the
<br /> Praperty when due. �eneficiary may require Trustor to provide t� Beneficiary copies of all natices that such
<br /> amflun�s are due and th� receipts e�idencing Trus�or's payment. Trustor wil� defend title to the Propex�y
<br /> against any claims that wou�d impair the lien af this Security Instrument. Trustor agrees ta assign tfl
<br /> B�neficiary, as requ�st�d by Benef�ciary, any righ�s, cia.ims or defenses Trustor may haue against partxes who
<br /> supply Ia�or or mater�a.�.s to ma.i_nta�.n or improve the Proper�y.
<br /> SeGuri�y lnstrument-C7�en-End-Cansr�mer-N� OCP-R�DT�NE 7/2/2011
<br /> VMP�Bankers SystemsT�" VMP-C455tNE} �1�p7},p❑
<br /> W�lters�luwer Financial 5er�ices D�994.2D�� Page 2 of 6
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