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202101459 Adams County Bank 401 N Smith Ave PO Box 149 Kenesaw, NE 68956-0149 1. Conveyance. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: A TRACT OF LAND COMPRISING A PART OF THE SOUTH HALF OF THE SOUTHEAST QUARTER (S1/2 SE1/4) OF SECTION THIRTY-FIVE (35), TOWNSHIP NINE (9) NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF SAID S1/2 SE1/4; THENCE RUNNING ON AN ASSUMED BEARING N 90°00'00" W ON THE SOUTH LINE OF SAID S 1/2 SE 1/4 FOR A DISTANCE OF 574.00 FEET; THENCE N 00°16'38" W FOR 490.00 FEET; THENCE N 90°00'00" W FOR 496.00 FEET; THENCE N 00°16'36" W FOR 834.68 FEET; THENCE S 89°54'46" E ON THE NORTH LINE OF SAID S 1/2 SE 1/4 FOR 496.00 FEET; THENCE S 00°16'28" E FOR 386.91 FEET; THENCE S 89°54'50" E FOR 574.02 FEET TO A POINT ON THE EAST LINE OF SAID S1/2 SEI/4; THENCE S 00°16'38" E ON THE EAST LINE OF SAID S 1/2 SE 1/4 FOR 936.15 FEET TO THE POINT OF BEGINNING. The property is located in Hall County at 15832 S 150th Rd, Kenesaw, Nebraska 68956. Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). 2. Maximum Obligation Limit. The total principal amount secured by this Security Instrument at any one time shall not exceed $107,500.00. This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 3. Secured Debt and Future Advances. The term "Secured Debt" is defined as follows: (A)Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. The promissory note signed by Chad A Kurpgeweit and Jennifer S Kurpgeweit (the "Borrower ") and dated the same date as this Security Instrument (the "Note"). The Note states that Borrower owes Lender One hundred seven thousand five hundred and 00/100 Dollars (U.S. $107,500.00) plus interest. Borrower has promised to pay this debt in regular periodic payments and to pay the debt in full not later than March 18, 2027. (B) All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Beneficiary after this Security Instrument whether or not this Security Deed Of Trust Closed End -NE ® 2020 Wolters Kluwer Financial Services, Inc. All rights reserved. 12/2020 20.3.0.3368-J20201214N Page 2 of 10