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202008265
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10/26/2020 11:19:30 AM
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10/26/2020 11:19:30 AM
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DEEDS
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202008265
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202008265 <br />commitment to make additional or future loans or advances. Any such commitment must be <br />in writing. This Security Instrument will not secure any debt for which 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. This Security Instrument will not secure any debt for which a security <br />interest is created in "margin stock" and Lender does not obtain a "statement of purpose," <br />as defined and required by federal law governing securities. This Security Instrument will <br />not secure any other debt if Lender, with respect to that other debt, fails to fulfill any <br />necessary requirements or fails to conform to any limitations of the Truth in Lending Act <br />(Regulation Z) or the Real Estate Settlement Procedures Act (Regulation X) that are required <br />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. 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 />8. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security <br />agreement or other lien document that created a prior security interest or encumbrance on the <br />Property, Grantor agrees: <br />A. To make all payments when due and to perform or comply with all covenants. <br />B. To promptly deliver to Lender any notices that Grantor receives from the holder. <br />C. Not to allow any modification or extension of, nor to request any future advances under <br />any note or agreement secured by the lien document without Lender's prior written consent. <br />9. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, <br />lease payments, ground rents, utilities, and other charges relating to the Property when due. <br />Lender may require Grantor to provide to Lender copies of all notices that such amounts are due <br />and the receipts evidencing Grantor's payment. Grantor will defend title to the Property against <br />any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to <br />Lender, as requested by Lender, any rights, claims or defenses Grantor may have against <br />parties who supply labor or materials to maintain or improve the Property. <br />J & L Westward Enterprises, LLC <br />Nebraska Deed Of Trust <br />NE/4XXMUTTER00000000002299072101020N <br />Wolters Kluwer Financial Services ©1996, 2020 Bankers Page 3 <br />Systems" <br />
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