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202200405 <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 $25,000.00. 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 January 14, <br />2022, from Dawn E Rauert (Borrower) to Lender, with a loan amount of $18,000.00 and <br />maturing on January 14, 2027. <br />B. Future Advances. All future advances from Lender to Dawn E Rauert under the Specific <br />Debts executed by Dawn E Rauert in favor of Lender after this Security Instrument. If more <br />than one person signs this Security Instrument, each agrees that this Security Instrument <br />will secure all future advances that are given to Dawn E Rauert either individually or with <br />others who may not sign this Security Instrument. All future advances are secured by this <br />Security Instrument even though all or part may not yet be advanced. All future advances <br />are secured as if made on the date of this Security Instrument. Nothing in this Security <br />Instrument shall constitute a commitment to make additional or future advances in any <br />amount. Any such commitment must be agreed to in a separate writing. <br />C. 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. 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 />8. 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 />9. 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 />Dawn E Rauert <br />Nebraska Deed Of Trust <br />N E/4L0 RI BO LI00000000002647026 N <br />Initials <br />Wolters Kluwer Financial Services 4:1996, 2022 Bankers <br />SystemsTu <br />Page 2 <br />