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Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, wells,
<br />ditches and water stock, crops, timber including timber to be cut now or at any time in the future, all diversion payments or third
<br />party payments made to crop producers and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described (all referred to as Property). This Security Instrument will
<br />remain in effect until the Secured Debts and all underlying agreements have been terminated in writing by Lender.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time and from time
<br />to time will not exceed $75,000.00. Any limitation of amount does not include interest and other fees and charges validly made
<br />pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security
<br />Instrument to protect Lender's security and to perform any of the covenants contained in this Security Instrument,
<br />4. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will secure each of the following:
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and replacements. A
<br />promissory note or other agreement, dated November 1, 2016, from Grantor to Lender, with a loan amount of $75,734.50
<br />and maturing on November 1, 2021.
<br />B. All Debts. All present and future debts from Grantor to Lender, even if this Security Instrument is not specifically
<br />referenced, or if the future debt is unrelated to or of a different type than this debt. If more than one person signs this
<br />Security Instrument, each agrees that it will secure debts incurred either individually or with others who may not sign this
<br />Security Instrument. Nothing in this Security Instrument constitutes a commitment to make additional or future loans or
<br />advances. Any such commitment must be in writing. This Security Instrument will not secure any debt for which a
<br />non - possessory, non - purchase money security interest is created in "household goods" in connection with a "consumer loan,"
<br />as those terms are defined by federal law governing unfair and deceptive credit practices. This Security Instrument will not
<br />secure any debt for which a security interest is created in "margin stock" and Lender does not obtain a "statement of
<br />purpose," as defined and required by federal law governing securities. This Security Instrument will not secure any other debt
<br />if Lender, with respect to that other debt, fails to fulfill any necessary requirements or fails to conform to any limitations of the
<br />Truth in Lending Act (Regulation Z) 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 this Security Instrument.
<br />5. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in accordance with the
<br />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 estate conveyed by this Security
<br />Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust, with power of sale. Grantor
<br />also warrants that the Property is unencumbered, except for encumbrances of record.
<br />7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien document
<br />that created a prior security interest or encumbrance on the 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 any note or agreement secured by
<br />the lien document without Lender's prior written consent.
<br />8. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rents,
<br />utilities, and other charges relating to the Property when due. Lender may require Grantor to provide to Lender copies of all
<br />notices that such amounts are due and the receipts evidencing Grantor's payment. Grantor will defend title to the Property
<br />against any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to Lender, as requested by
<br />Lender, any rights, claims or defenses Grantor may have against parties who supply labor or materials to maintain or improve the
<br />Property.
<br />9. DUE ON SALE. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable
<br />upon the creation of, or contract for the creation of, any transfer or sale of all or any part of the Property. This right is subject to
<br />the restrictions imposed by federal law, as applicable.
<br />10. WARRANTIES AND REPRESENTATIONS. Grantor has the right and authority to enter into this Security Instrument. The
<br />execution and delivery of this Security Instrument will not violate any agreement governing Grantor or to which Grantor is a party.
<br />11. PROPERTY CONDITION, ALTERATIONS, INSPECTION, VALUATION AND APPRAISAL. Grantor will keep the Property in good
<br />condition and make all repairs that are reasonably necessary. Grantor will not commit or allow any waste, impairment, or
<br />deterioration of the Property. Grantor will keep the Property free of noxious weeds and grasses. Grantor agrees that the nature
<br />of the occupancy and use will not substantially change without Lender's prior written consent. Grantor will not permit any
<br />change in any license, restrictive covenant or easement without Lender's prior written consent. Grantor will notify Lender of all
<br />demands, proceedings, claims, and actions against Grantor, and of any loss or damage to the Property.
<br />No portion of the Property will be removed, demolished or materially altered without Lender's prior written consent except that
<br />Grantor has the right to remove items of personal property comprising a part of the Property that become worn or obsolete,
<br />provided that such personal property is replaced with other personal property at least equal in value to the replaced personal
<br />property, free from any title retention device, security agreement or other encumbrance. Such replacement of personal property
<br />will be deemed subject to the security interest created by this Security Instrument. Grantor will not partition or subdivide the
<br />Property without Lender's prior written consent.
<br />WILLIAM R CAREV
<br />Nebraska Deed Of Trust
<br />N E /4XXSPIEHS00000000009966020N
<br />Wolters Kluwer Financial Services 0 1996, 2016 Bankers Page 2
<br />Systems
<br />201607320
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