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<br />A. Line of Credit. "Line of Credit" refers to this transaction generally, including obligations
<br />and duties arising from the terms of all documents prepared or submitted for this
<br />transaction.
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured 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 Fifteen (15), in Ross and Ashton Park, being a subdivision of part of Lots Fourteen (14) and
<br />Eighteen (18), of the County Subdivision of the West Half of the Southwest Quarter (W1/2
<br />SW1/4) and part of the East Half of the Southwest Quarter (E1/2 SW1/4) of Section Fifteen
<br />(15), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska.
<br />The property is located in Hall County at 109 E ASHTON AVE, 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 $75,000.00. 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. 610271334,
<br />dated June 10, 2020, from Grantor to Lender, with a maximum credit limit of $75,000.00
<br />and maturing on June 10, 2030.
<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 />SANDRA K KLIMEK MILTON
<br />Nebraska Deed Of Trust
<br />KS/4mitc hbe@00000000002247047 N
<br />Wolters Kluwer Financial Services ©1996, 2020 Bankers
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