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2� 1 ��85�5
<br /> The praperty zs Iocated in ...Hal l ... .. .............. ................... at .....................................
<br /> ••. .r. .r. .•.
<br /> (County)
<br /> l4 0 9 N Howard Pl ,� „Grand.I s land.,................. IVebraska ..6,8 8 0 3......,...
<br /> .. ■r . .• .. • • .......•.•♦..........•• �
<br /> (Address} {C zty} {ZrP C ade}
<br /> Together wi�h all r�ghts, easements, appurtenances, raya.lties, mineral rights, oi� and gas rights, a.�l water and
<br /> ripaxian rights, d�tches, and water �tack and all exrsting and future impro��ments, s�ructures, fixtures, and
<br /> repiacements that may now, or at any time in the future, be part af the real estate descr�ibed abave �all referred
<br /> �o as "Pr�per�y"�.
<br /> 3. MAXIMUM QBLIGATI�N LIMIT. The total prrn�rpal amoun� secur�d �y this S�curxty �nstrument at any
<br /> one �ime shaii not exceed $ 4 5{.��o o:.�.o................................... . This limrtatian �f amount d�es not
<br /> include interest and ather fees and charges validly made pursuant to this Securxty Instrument, A1sa, th�s
<br /> 1�mxtation does nat apply to advances made under the terms of this Securrty �nstrument �a protect
<br /> Beneficiary's secur��y and to perform any of the cov�nan�s contained in thxs 5ecurity In�trument,
<br /> 4. SECi7RED DEBT AND FU�'iJRE ADVANCES. The term "Secured I3ebt" Y� d�fined as follows:
<br /> A.De�t incurred under the terms of all promis�ory not��s}, contract(s}, guaranty�ies} or other evidence of
<br /> debt describ�d b�low and a11 the�r extensions, renewals, modificat�ons or substitutions, �You rrtr�st
<br /> spe�i�i'calZy ident�ify the de�at�s} secured Qnd you should include the fir�al maturzty date o�f such de���s}.}
<br /> Nate �ated I]e�ember �7� �O16 In The Amount �f $45, ��4.00
<br /> Accruing At A Variabl� Rate With A Ma�turity Date Of December l�r �Q21
<br /> Said Loan In The Name�s} �f Clark � Brown
<br /> And �heryl A Bro�nrn
<br /> 8. All future advances from 8eneficiary ta Trustor ar other future obligations �f Trus��r to Beneficiary
<br /> under any promissnry note, con�ra�t, guaxanty, or other e�iden�e af debt ex�cuted by Trustor in fa�ar
<br /> of Beneficiary af�er �his S�curxty �nstrument whether or not this S��ur��y �nstrum�nt is sp�cif�cally
<br /> reference�. Zf more �han one person signs this Security Instrument, �a�h Trustar agrees �hat thi�
<br /> Security Instrument will secure a.�l future advances and future obligatxons that are gi�en ta or xncurred
<br /> �by any ane or mare Trustar, or any one or more Trustor and oth�rs. A�1 future advances and other
<br /> fu�ure obligations are secured by this Security Znstrument ev�n thaugh a�� or part may not yet be
<br /> advanced. AI1 future advan�es and oth�r future obligat�ons ar� secur�d as if made an the da�e of thi�
<br /> Security Ynstrumen�. Nothing in this Security �ns�rument shall constitute a commitment �o make
<br /> add�tzanal ar futur� �aans or advan�es in any amount. Any such commi�ment must be agreed to �n a
<br /> separate writing.
<br /> C.All other obligations Trus�or nwes to Bene�ciary, whi�h may�at�r arise, to the extent no�pr�hibited by
<br /> law, Yncluding, bu� not Iimi�ed to, Iiabiiities for a��rdrafts r�Ia�ing ta any deposit aGcaunt agreement
<br /> between Trustor and Bene�ci ary.
<br /> D.Al� additional sums advanced and expenses incurr�d �y Beneficiary far insurrng, preservrng or
<br /> otherwise protec�zng the Prnperty and its value and any o�her sums advanced and e�penses incurred by
<br /> Ben�fi�iary under the terms of this S�curity Ynstrumen�.
<br /> Zn the event that Benefi��ary faiis ta provide any required notice af the r�ght of res�ission, Ben�fic�ary waives
<br /> any subsequ�nt securxty interest in the Trustor's pr�n�ipal dweZl�ng that is created by thYs Security Instrument.
<br /> 5. DEED �F TRUST ��'VENANTS. Trustor agrees that the �ovenants in this se�tian are material �bligations
<br /> under th� Secured Debt and this �ecurity Znstrument. �f Trustor �r�aches any co�enant in this sectxon,
<br /> Beneficiary may refuse �a make addit�onal extensron� of credit and reduce the credit limxt. By not exercising
<br /> e�ther remedy an Trustor's br�ach, Benef�c�ary does not waive Benefic�ary's rYght to lat�r�onsi�ier�the�vent a
<br /> breach if it happens again.
<br /> Payments. Trustar agrees that aXl payments under�he Secured Debt will b�paid when du� and �n accordance
<br /> w�th the terms of the Se�ured Del�t and this Secur�ty Znstrument.
<br /> Prior Security Interests. With regard ta any oth�r mar�gage, deed of�rust, security agr�ement or other lien
<br /> dacument �hat cr�ated a priar securYty xnterest ar encumbrance on the Property, Trustor agrees to make all
<br /> payments when due and to perform ar comp�y vvith alI covenants. Trustar a.lsa agrees not ta al��w any
<br /> madification ar ex�ension of, nor to request any future ad�ances under any no��or agreement secured by the
<br /> lien dacument without Benef�c�ary's prior written appr��al.
<br /> Cla�ms Again�t T�tle. Trustor will pay aII �axes ��ncludYng any ta.� assessed to this I]eed �f Trust},
<br /> assessments, li�ns, encumbranc�s, lease payments, ground rents, utrlrti�s, and oth�r charges relating to the
<br /> Prop�rty when due. B�neficxary may require Trustor to provide ta Benefi�iary �npies af all notYc�s �ha� such
<br /> amounts are due and �h� receip�s e�idencing Trustor's payment. Trustor wiil defend title �a the Praperty
<br /> aga�nst any cXaims that would impair the ��en of this Security Instrum�nt. Trustar agrees to assign t❑
<br /> Benef�ciary, as reques�ed by Beneficrary, any rights, cia�rns ❑r def�ns�s Trustor may ha�e against parti�s who
<br /> supp�y labar or materia�s to ma�ntain or improve the Praperty.
<br /> 5e�uri�y Instrument-Op�n-End-Consumer-N� aCP-RE�T-N� 71�12D11
<br /> VMPD Bankers SystemsT^n VMP-C4fi5tN�} {��p�}.00
<br /> Walt�rs Kluwer Financia[5ervices m1994.2d1 1 p�g�z at�
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