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2� 17� 1722
<br /> The praperry is located in ...Hall............ .. ............................. /t .................... ..............
<br /> ••r .•y. GL1. .r.
<br /> ��ounty}
<br /> ..18 n 4..W..1,�th..s t............................. ..Grand,I s 1 and...........,......, Nebraska ..6,8 8 0 3.. ......
<br /> ..... . .. . . .. . .... ..... ........... . . .... ...
<br /> {Address} �City} {2rP Cade}
<br /> Together with aII rights, easemen�s, appurtenances, royalti�s, mineral rights, oil and gas rights, aII water and
<br /> riparian righ�s, ditches, and water s�ock and all existing and future improvements, structures, fi�tures, an�
<br /> replacements�hat may now, or at any time in�he future, b�part�f the real es�ate described above ta�� referred
<br /> to as "Pro�er�y"}.
<br /> 3. MAXINIZJM �BLIGATI�N LIMIT. The total prin�ipal amount secured by this Security Ynstrum�nt at any
<br /> one �ime sha11 not exceed $ ��r.o 0 0..o.o.,................................. . This lxmitat�on af amount does not
<br /> inciude xnterest and ��her fe�s and �harges vaiidX� made pursuant to this SecurYty �ns�rument. Also, this
<br /> Iimitation doe� not app�y �a advances mad� und�r the �erms af th�s Security �nstrumen� to prfltec�
<br /> B�neficiary's security and ta perfarm any of�h�cflvenants contained�n th�s Secur�ty Instrument.
<br /> 4. SE�[7RED DE13T AND FUTURE ADVAN�ES. Th�term "Secured Debt" is defined as foll�ws:
<br /> A.Debt incurred under the terms of all prom�ss�ry nate�s}, contract�s}, guaran�y�ies) or oth�r evidence af
<br /> debt describ�d below and a11 their extensYons, renewals, modifica�ians or subs�ztutiflns. ��ou mus�
<br /> specifzcalZy identify the de�at�s} secr�red and you shnuld include the fz�aZ ma�urity date of such deh��s}.�
<br /> Note Dated Mar�h �7 2D17 In The Amnunt �f $20 OOO.�Q
<br /> Accruing At A Varia�l� Rate With A Maturity Dat� �f March 25� 2�2�
<br /> S a i d L oan I n The Name�s} D f Al an Sydaw
<br /> B. All future advances from Benef�c�ary to Trustor ar other future ob�igatians of Trustar to Beneficiary
<br /> under any promissory note, con�ract, guaranty, or other e�idence of debt execut�d by Trustor in favar
<br /> of Beneficiary after th�s Security Znstrument whether or not this Securi�y 7nstrument is specifi�a.11y
<br /> referen�ed. If more than one person szgns this Security Instrum�nt, each Trustor agrees that this
<br /> Security �nstrument wi11 secure alI future ad�ances and future obligations that are gi��n to ar incurred
<br /> �y any on� or more Trustor, or any ane or mare Tru��or and others. AI1 future advances and oth�r
<br /> future obliga�ions are s�cured by �his Security Instrument even though a1i or part may not y�t be
<br /> advanced. All future ad�ances and other future obligations are secured as if made on the date of this
<br /> Secur�ty �ns�rument. Nathing in �his 5ecur�ty �nstrument shall �onsti�ute a commz�ment ta make
<br /> additional or future �aans or advances in any amount. Any such cammitmen� must be agreed to �n a
<br /> separate wr�ting.
<br /> �.A11 other abligati�ns Trustar owes to �enefi�iary, which may later arxse, ta�he e�ctent nat prohxlaited by
<br /> law, �n�luding, bu� not limxted to, lia�i�ities far o�erdrafts relatxng ta any deposit a��aunt agre�ment
<br /> between Trus�or and Beneficiary.
<br /> D.A1X additianal sums advan�ed and expens�s in�urred by Benef�c�ary for insuring, pr�s�rving or
<br /> otherwise protec�xng the Property and �ts �alue and any other sums ad�anGed and expenses incurred by
<br /> Beneficiary under the terms of thi� 5e�ur�ty znstrument.
<br /> Zn the e�ent tha�Beneficiary fails ta pravide any r�quired no��ce af the right of rescission, Benefxc�ary waiv�s
<br /> any subsequent security�nteres�in the Trustar's principal dwel�in��hat �s created by this SecurYty �ns�rurn.ent.
<br /> 5. DEED �F TRUST CC]VENANTS. Trus�flr agrees that the co�enants in this sec�ion are nlaterial a�ligations
<br /> under the 5ecured Deb� and this S�curity �ns�rument. �f Trustor breaches any �ov�nan� in this section,
<br /> Benef��iaxy may r�fuse to make additiona.l ext�nsions of cred�� and reduce the cre�it limY�. By not ex�rcis�ng
<br /> eYther remedy on Trustor's breach, Beneficiary does not waive Beneficzary's right to la�er consider th��vent a
<br /> breach if it happens again.
<br /> Payments. Trustor agrees that alI payments under the Secur�d Debt will �e paid when due and in accordance
<br /> with the terms af the Secured Debt and this 5ecurzty �ns�rumen�.
<br /> Prior Securfty Interests. With regard ta any other mortgage, deed of trust, security agreement ar other lien
<br /> da�ument that created a prior security interest or encumbrance on th� Praper�y, Trustar agr�e� ta make al�
<br /> payments wh�n due and t� perform or c�mpxy with alX co�enants. Tru�tor also agrees not to allow any
<br /> modifxcatxon or extension �f, n�r t� request any future advances under any note ar agreemen� secured by the
<br /> �i�n da�ument with�ut Benefi�iary"s priar writ�en apprQval.
<br /> Ciafms Agaxnst Tit�e. Trustor w�11 pay all taxes �including any tax ass�ssed to thYs I7�ed of Trust},
<br /> assessments, Iiens, encumbrances, lease payments, �round rents, utiiities, and ather charges relating ta the
<br /> Praper�y wh�n due. Beneficiary may requzre Trustar to provide �o B�neficiary copies of all notic�s that su�h
<br /> amounts are due and �he receip�s evidencing Trustar's paymen�. Trustor w��I defend titXe to �he Proper�y
<br /> against any c�aims that would impa.ir �he lien of this Securi�y rns�rument. Trustor agrees �o assign ��
<br /> B�n�ficiary, as requested by Benefi�iary, any rights, claYms or d�fenses Trustar may ha�e against parties wh�
<br /> supply 1al�or or materials to mainta�n ar improv��he Proper�y.
<br /> 5e�urity lnstrument-�pen-End-Cansumer-N� OCP-REDT-N� 71�12��1
<br /> VMPD�ankers Systems�'n" VMP-C465{N�) �1 1 D7�.D0
<br /> W�lters Kluwer Financiai Ser�ices Q1 9g4,2D1� Page Z of�
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