My WebLink
|
Help
|
About
|
Sign Out
Browse
202003504
LFImages
>
Deeds
>
Deeds By Year
>
2020
>
202003504
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/29/2020 11:28:14 AM
Creation date
5/29/2020 11:28:13 AM
Metadata
Fields
Template:
DEEDS
Inst Number
202003504
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
9
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
202003504 <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 $400,000.00. 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 May 12, <br />2020, from Grantor to Lender, with a loan amount of $210,000.00 and maturing on June 1, <br />2030. <br />B. Future Advances. All future advances from Lender to Eric A. Blase and/or Lisa M. Blase <br />and/or Blase Trucking, LLC and/or Blase Farms, LLC under the Specific Debts executed by <br />Grantor in favor of Lender after this Security Instrument. If more than one person signs this <br />Security Instrument, each agrees that this Security Instrument will secure all future <br />advances that are given to Grantor either individually or with others who may not sign this <br />Security Instrument. All future advances are secured by this Security Instrument even <br />though all or part may not yet be advanced. All future advances are secured as if made on <br />the date of this Security Instrument. Nothing in this Security Instrument shall constitute a <br />commitment to make additional or future advances in any amount. Any such commitment <br />must be agreed to in a separate writing. <br />C. All Debts. All present and future debts from Eric A. Blase and/or Lisa M. Blase and/or <br />Blase Trucking, LLC and/or Blase Farms, LLC to Lender, even if this Security Instrument is <br />not specifically referenced, or if the future debt is unrelated to or of a different type than this <br />debt. If more than one person signs this Security Instrument, each agrees that it will secure <br />debts incurred either individually or with others who may not sign this Security Instrument. <br />Nothing in this Security Instrument constitutes a commitment to make additional or future <br />loans or advances. Any such commitment must be in writing. This Security Instrument will <br />not secure any debt for which a non -possessory, non -purchase money security interest is <br />created in "household goods" in connection with a "consumer loan," as those terms are <br />defined by federal law governing unfair and deceptive credit practices. This Security <br />Instrument will not secure any debt for which a security interest is created in "margin stock" <br />and Lender does not obtain a "statement of purpose," as defined and required by federal law <br />governing securities. This Security Instrument will not secure any other debt if Lender, with <br />respect to that other debt, fails to fulfill any necessary requirements or fails to conform to <br />any limitations of the Truth in Lending Act (Regulation Z) or the Real Estate Settlement <br />Procedures Act (Regulation X) that are required for loans 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. LIMITATIONS ON CROSS -COLLATERALIZATION. The cross -collateralization clause on any <br />existing or future loan, but not including this Loan, is void and ineffective as to this Loan, <br />including any extension or refinancing. <br />The Loan is not secured by a previously executed security instrument if a non -possessory, <br />non -purchase money security interest is created in "household goods" in connection with a <br />"consumer loan," as those terms are defined by federal law governing unfair and deceptive <br />credit practices. The Loan is not secured by a previously executed security instrument if Lender <br />fails to fulfill any necessary requirements or fails to conform to any limitations of the Real <br />Estate Settlement Procedures Act, (Regulation X), that are required for loans secured by the <br />Property or if, as a result, the other debt would become subject to Section 670 of the John <br />Warner National Defense Authorization Act for Fiscal Year 2007. <br />The Loan is not secured by a previously executed security instrument if Lender fails to fulfill any <br />necessary requirements or fails to conform to any limitations of the Truth in Lending Act, <br />(Regulation Z), that are required for loans secured by the Property. <br />6. 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 />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 />ERIC A BLASE <br />Nebraska Deed Of Trust <br />NE/4XJSPIEHS00000000002166026051120N <br />Initials <br />Wolters Kluwer Financial Services ©1996, 2020 Bankers Page 2 <br />SystemsT <br />
The URL can be used to link to this page
Your browser does not support the video tag.