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2� 17� 1723
<br /> The praperty is �oca�ed in ...HALL............................................... at ..................................,....
<br /> �Caunty}
<br /> ,3 9 4 9,,No rs eman.Ave..................... .Grand,,I s l and.................., Nebraska .6 8 8�,3,;�41.�.....
<br /> {Address} �C�ty} ....{ZIP Cade).
<br /> Tagether with a.II rights, easements, appurtenances, roya.�ties, minerai rights, oil and gas rxgh�s, a.ii wat�r and
<br /> r�parian rights, ditche�, and water st�ck and all e�isting and futur� impravements, structures, f�xtures, and
<br /> replacements that may now, ar at any time in the future, be part af th�e real estate descrzbed aba�e �a.Xl referr�d
<br /> to as "Property"}.
<br /> 3. MA�IMUM �B�IGATI�N LIMIT. The �ota1 princrpal amoun� s�cured by this Security Znstrument at any
<br /> one time shall no� exceed $ .,�?.�715� 9 0�..................��...... . �rs Iimita�ian of amount daes not include
<br /> inter��t and ather f��s and charges va�.idly made pursuant to thxs S�ecurity Instrument. Also, this Iimitation
<br /> does not apply t❑ advances made under the term� of this Security Instrument ta protect Beneficxary's security
<br /> and to perf�rm any af the cavenants c�ntai.ned in th�s Security Instrument.
<br /> 4. SECIJRED DEBT AND FiTTiJRE ADVANCES. Th��erm "Secure�d�3ebt" is defined as fo�lows:
<br /> A,l�ebt incurred under the terms of a�I promissory not�(s}, c�ntract�s�, guaranty�ies} or other evidence of
<br /> debt described belaw and a11 their extensions, rene,wals, modifications or su�stitutions. �hen
<br /> ref�renci�g the deb�s below it� is sugges�ed that you ir�cl�cde i�ems su�h as bnrrowers' names, note
<br /> Qmounts, znt�erest rat�es, ma�r�rily dat�es, e�c.}
<br /> �Tot� Dated March �9� 2417 In The Amaunt �f $��,716.9�
<br /> Accruing At a Fi�ed Rate �nlith A Maturity Date Qf March 15� �422
<br /> Said Loan In The Name�s} �f Tilynn K S�ott
<br /> B. All future advances from Beneficiary to Tru�tor or other future oblzgations of Trustar to Benef�ciary
<br /> under any promissory note, contract, guaranty, or o�her evide�ace af de�t e�ecuted by Trustar in fa�or
<br /> of Beneficiary after this Security Znstrument whether �r nat this Security Instrument is specifica�,�y
<br /> referenced. �f more than one person signs this Securi�y Yn��rument, each Trustor agre�s that this
<br /> Security �nstrument wiXl secure a1� fu�ure advances and fu�ur� abligatxons that are g�ven �o ar incurred
<br /> by any ane or more Trus�or, or any one or more Trustor ar�d ather�. AIx future advances and other
<br /> future ab�igations are secured by this 5ecurity Ynstrumen� e�en thaugh aI.I �r part may not yet b�
<br /> advanced. A�� future ad�ances an� o�her future ob�xgations ar� secured as if made on the date af this
<br /> Security �nstrument. Nathing in this Secur��y Yns�rument sha.�l constitute a commitment ta mak�
<br /> additronal ar future Ioans �r advances in any amount. Any such commitment must be agreed to �n a
<br /> separa�e writing.
<br /> �.All obl�gations Trustor owes ta Ben�ficiary, wh�ch may later arise, to�he�xtent not prohi�rt�d by 1aw,
<br /> includ�ng, bu� not Iimited to, �iabi�ities far averdrafts rela�ing ta any depos�t account agreement
<br /> between Trustar and B�nefi�iary.
<br /> D.A11 additional sums advan��d and ��penses incurred by B�ne��iary for insuring, preserving or
<br /> o�herwise protecting th� Property and its vaiue and any other �ums ad�anced and expenses incurred by
<br /> Beneficiary under the terms of thxs Security �nstrument.
<br /> This Secur�ty Znstrument wYll not secure any other de�t if Benef�c�ary farls to gi�� any requ�red noti�e of�he
<br /> righ�af rescissian.
<br /> 5. PA'YMENTS, T'rustor agrees that a11 payments under the Secured Debt will be paid when due and in
<br /> accordance with�he terms of the Secured Debt and this Se�urity rnstrumen�.
<br /> 6. W Y C��`TITLE. Trustor warrants that Trustor is or wi11 be lawfulXy seized af the estate canvey�d
<br /> by th�s Security Instrument and has the right ta irrevocably grant, co�vey, and se11 the Property ta Trustee, in
<br /> trust, with power of saJ.e. Trustor also warrants tha� th� Pr�perry is unencumbered, except for encumbrances
<br /> af record.
<br /> 7. PRI�R SECURITY INTER�STS. Wxth regard to any ath�r mor�gage, deed of trust, security agreement or
<br /> other Iien dacument that created a priar securi�y interest or encumbrance on the Praperty, Trustar agr�es:
<br /> A,To make a�l paymen�s when due and to perform or comply with a�I ca��nants.
<br /> B. To prompt�y de�iver�o Beneficiary any notices�hat Trustor r���i��s from the ho�der.
<br /> C.Not to a11ow any modification or �x�ension of, nor �o r�qu�s� any future ad�anc�� under any no�e or
<br /> agreement se�ured�y the Iien d��ument w�thou�Beneficiary's prior wr�tten�onsent.
<br /> S. CLAIMS AGAINST TITLE. Trustor wi11 pay a.�I taxes, assessmen�s, l�ens, �ncumbrances, lease payments,
<br /> ground rents, utili�ies, and other charges relating to the Proper�y when du�. B�nefic�ary may require Trustor
<br /> to pro�ide to 8eneficiary cflpi�s of all not�ces that such amounts are�due and the receipts ev�denc�n� Trustor's
<br /> paym�nt. Trustor wi�� defend title to the Proper�y against any claims that wauld impair the li�n of �h�s
<br /> Security Ynstrument. Trustor agrees to assign to Beneficiary, as requested by �ene�cYary, any r�ghts, claims
<br /> ar defenses Trustor �nay have aga�nst partr�s vvho supply Iabor ar materials to mazntaxn or impro�e the
<br /> Property.
<br /> 5ecurity Instrument-Consumer-N� R�-DT-NE 21112p13
<br /> VMP�6ankers 5ystems�"' VMP-�1 65fNE} (�3��y.QO
<br /> Walters Kluw�r Financia!5er�ices C�1994,2011 Page�af G
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