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<br />1. DEFINITIONS. For the purposes 1ihi4 [aoepment, the following term has the following
<br />meaning. +a 1 !
<br />A. Line of Credit. "Line of Credit" Ire ,er td'this transaction generally, including obligations
<br />and duties arising from the terries ofi all documents prepared or submitted for this
<br />transaction. . I ;
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<br />2. CONVEYANCE. For good and valulbl consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Sec re Debts and Grantor's performance under this Security
<br />Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the
<br />benefit of Lender, with power of sale, the following described property:
<br />LOT TWELVE (12) BLOCK THREE (3), OLDE MILL SUBDIVISION IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall County at 2509 MILL RIVER RD, GRAND ISLAND, Nebraska
<br />68801
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights,
<br />all water and riparian rights, wells, ditches and water stock and all existing and future
<br />improvements, structures, fixtures, and replacements that may now, or at any time in the
<br />future, be part of the real estate described (all referred to as Property). This Security
<br />Instrument will remain in effect until the Secured Debts and all underlying agreements have
<br />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 $25,000.00. 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, No. 120163152,
<br />dated October 19, 2018, from Grantor to Lender, with a maximum credit limit of
<br />$25,000.00 and maturing on October 19, 2028.
<br />B. Future Advances. All future advances from Lender to Grantor under the Specific Debts
<br />executed by Grantor in favor of Lender after this Security Instrument. If more than one
<br />person signs this Security Instrument, each agrees that this Security Instrument will secure
<br />all future advances that are given to Grantor either individually or with others who may not
<br />sign this Security Instrument. All future advances are secured by this Security Instrument
<br />even though all or part may not yet be advanced. All future advances are secured as if
<br />made on the date of this Security Instrument. Nothing in this Security Instrument shall
<br />constitute a commitment to make additional or future advances in any amount. Any such
<br />commitment must be agreed to in a separate writing.
<br />C. All Debts. All present and future debts from Grantor to Lender, even if this Security
<br />Instrument is not specifically referenced, or if the future debt is unrelated to or of a different
<br />type than this debt. If more than one person signs this Security Instrument, each agrees
<br />that it will secure debts incurred either individually or with others who may not sign this
<br />MARC WILLIAM JULIAN
<br />Nebraska Deed Of Trust Initial
<br />KS/4mitchbe@00000000001828055N Wolters Kluwer Financial Services ©1996, 2018 Bankers Page
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