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2018063"74 <br />cut now or at any time in the future, all diversion payments or third party payments made to <br />crop producers and all existing and future improvements, structures, fixtures, and replacements <br />that may now, or at any time in the future, be part of the real estate described (all referred to <br />as Property). This Security Instrument will remain in effect until the Secured Debts and all <br />underlying agreements have been terminated in writing by Lender. <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security <br />Instrument at any one time and from time to time will not exceed $250,000.00. Any limitation <br />of amount does not include interest and other fees and charges validly made pursuant to this <br />Security Instrument. Also, this limitation does not apply to advances made under the terms of <br />this Security Instrument to protect Lender's security and to perform any of the covenants <br />contained in this Security Instrument. <br />4. SECURED DEBTS AND FUTURE ADVANCES. The term "Secured Debts" includes and this <br />Security Instrument will secure each of the following: <br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, <br />modifications and replacements. A promissory note or other agreement, dated September <br />19, 2018, from JERED S. JONES (Borrower) to Lender, with a loan amount of $159,000.00 <br />and maturing on January 8, 2023. <br />B. Future Advances. All future advances from Lender to JERED S. JONES under the <br />Specific Debts executed by JERED S. JONES in favor of Lender after this Security <br />Instrument. If more than one person signs this Security Instrument, each agrees that this <br />Security Instrument will secure all future advances that are given to JERED S. JONES either <br />individually or with others who may not sign this Security Instrument. All future advances <br />are secured by this Security Instrument even though all or part may not yet be advanced. <br />All future advances are secured as if made on the date of this Security Instrument. Nothing <br />in this Security Instrument shall constitute a commitment to make additional or future <br />advances in any amount. Any such commitment must be agreed to in a separate writing. <br />C. All Debts. All present and future debts from JERED S. JONES to Lender, even if this <br />Security Instrument is not specifically referenced, or if the future debt is unrelated to or of a <br />different type than this debt. If more than one person signs this Security Instrument, each <br />agrees that it will secure debts incurred either individually or with others who may not sign <br />this Security Instrument. Nothing in this Security Instrument constitutes a commitment to <br />make additional or future loans or advances. Any such commitment must be in writing. <br />This Security Instrument will not secure any debt for which a non -possessory, non -purchase <br />money security interest is created in "household goods" in connection with a "consumer <br />loan," as those terms are defined by federal law governing unfair and deceptive credit <br />practices. This Security Instrument will not secure any debt for which a security interest is <br />created in "margin stock" and Lender does not obtain a "statement of purpose," as defined <br />and required by federal law governing securities. This Security Instrument will not secure <br />any other debt if Lender, with respect to that other debt, fails to fulfill any necessary <br />requirements or fails to conform to any limitations of the Truth in Lending Act (Regulation Z) <br />or the Real Estate Settlement Procedures Act (Regulation X) that are required for loans <br />secured by the Property. <br />D. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of <br />this Security Instrument. <br />5. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when <br />due and in accordance with the terms of the Secured Debts and this Security Instrument. <br />6. NON -OBLIGATED GRANTOR. Any Grantor, who is not also identified as a Borrower in the <br />Secured Debts section of this Security Instrument and who signs this Security Instrument, is <br />referred to herein as a Non -Obligated Grantor for purposes of subsection 7(d)(4) of 12 C.F.R. <br />1002 (Regulation B) which implements the Equal Credit Opportunity Act (ECOA). By signing <br />this Security Instrument, the Non -Obligated Grantor does convey and assign their rights and <br />interests in the Property to secure payment of the Secured Debts, to create a valid lien, to pass <br />clear title, to waive inchoate rights and to assign earnings or rights to payment under any lease <br />or rent of the Property. However, the Non -Obligated Grantor is not personally liable for the <br />Secured Debts by virtue of signing this Security Instrument. Nothing in this section shall be <br />construed to modify or otherwise affect the Non -Obligated Grantor's obligations, if any, that <br />were separately made with Lender in a separate agreement and duly signed by the <br />Non -Obligated Grantor in the context of that separate agreement. <br />7. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the <br />estate conveyed by this Security Instrument and has the right to irrevocably grant, convey and <br />sell the Property to Trustee, in trust, with power of sale. Grantor also warrants that the <br />Property is unencumbered, except for encumbrances of record. <br />JERED S. JONES <br />Nebraska Deed Of Trust <br />NE/4XHERMANN00000000001544021N Wolters Kluwer Financial Services ©1996, 2018 Bankers Page 2 <br />• Systems', <br />