Laserfiche WebLink
202007491 <br />of said East Half of the Southeast Quarter (EV2SE%), said point being 370 feet south of the <br />Northeast corner of said East Half of the Southeast Quarter (EY2SEY4); thence deflecting right <br />89° 07' and running Westerly a distance of 302.12 teet; thence deflecting lett 79° 51' and <br />running Southwesterly a distance of 298.73 feet; thence deflecting lett 32° 21' and running <br />southeasterly a distance of 124.04 teet; thence deflecting lett 65° 36' and running easterly a <br />distance of 301.34 feet to a point on the east line of the East Halt ot the Southeast Quarter <br />(E1/2SE1 ); thence running north along the east line of said East Half of the Southeast Quarter <br />(EY2SE1/4) a distance of 420.45 feet to the point of beginning (said exception containing 3. I <br />acres, more or less) <br />The property is located in Hall County at RURAL PROPERTY, WOOD RIVER, Nebraska 68883. <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, crops, timber including timber to be <br />cut now or at any time in the tuture, all diversion payments or third party payments made to <br />crop producers and all existing and future improvements, structures, tixtures, 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 $173,355.00. Any limitation <br />of amount does not include interest and other tees 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 />24, 2020, from Grantor to Lender, with a loan amount of $173,355.00 and maturing on <br />April 1, 2025. <br />B. Future Advances. All future advances from Lender to Grantor under the Specitic Debts <br />executed by Grantor in favor ot Lender atter this Security Instrument. It 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 it <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 tuture debts from Grantor to Lender, even it this Security <br />Instrument is not specifically referenced, or it the future debt is unrelated to or ot a different <br />type than this debt. It 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 />Security Instrument. Nothing in this Security Instrument constitutes a commitment to make <br />additional or future loans or advances. Any such commitment must be in writing. This <br />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 tor which a security interest is <br />created in "margin stock" and Lender does not obtain a "statement ot purpose," as defined <br />and required by federal law governing securities. This Security Instrument will not secure <br />any other debt it Lender, with respect to that other debt, tails 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. 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 retinancing. <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 it Lender <br />tails to fulfill any necessary requirements or tails to contorm to any limitations of the Real <br />DANIEL D WOLFE <br />Nebraska Deed Of Trust <br />NEl4cross@FS00000000002375023N Wolters Kluwer Financial Services 01996, 2020 Bankers Page 2 <br />Systems"' <br />