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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 />The North Half (N112) of Section Ten (10), Township Twelve (12) North, Range Eleven (11),
<br />West of the 6th P.M., Hall County, Nebraska.
<br />The property is located in Hall County at , , Nebraska .
<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 future, all diversion payments or third party payments made to
<br />crop producers and all existing and future improvements, structures, fixtures, 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 $585,000.00. 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 February 2,
<br />2022, from Corey J Myers , Kirby L Myers and Kelly J Myers (Borrower) to Lender, with a
<br />maximum credit limit of $950,000.00 and maturing on February 2, 2023.
<br />B. Future Advances. All future advances from Lender to Corey J Myers , Kirby L Myers and
<br />Kelly J Myers under the Specific Debts executed by Corey J Myers , Kirby L Myers and
<br />Kelly J Myers in favor of Lender after this Security Instrument. If more than one person
<br />signs this Security Instrument, each agrees that this Security Instrument will secure all
<br />future advances that are given to Corey J Myers , Kirby L Myers and Kelly J Myers either
<br />individually or with others who may not sign this Security Instrument. All future advances
<br />are secured by this Security Instrument even though all or part may not yet be advanced.
<br />All future advances are secured as if made on the date of this Security Instrument. Nothing
<br />in this Security Instrument shall constitute a commitment to make additional or future
<br />advances in any 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 Line of Credit, is void and ineffective as to this
<br />Line of Credit, including any extension or refinancing.
<br />The Line of Credit is not secured by a previously executed security instrument if a
<br />non -possessory, non -purchase money security interest is created in "household goods" in
<br />connection with a "consumer loan," as those terms are defined by federal law governing unfair
<br />and deceptive credit practices. The Line of Credit is not secured by a previously executed
<br />security instrument if Lender fails to fulfill any necessary requirements or fails to conform to
<br />any limitations of the Real Estate Settlement Procedures Act, (Regulation X), that are required
<br />for loans secured by the Property or if, as a result, the other debt would become subject to
<br />Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007.
<br />The Line of Credit is not secured by a previously executed security instrument if Lender fails to
<br />fulfill any necessary requirements or fails to conform to any limitations of the Truth in Lending
<br />Act, (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 />Corey J Myers
<br />Nebraska Deed Of Trust Initials%A
<br />NE/4LORIBOLI00000000002647048N Wolters Kluwer Financial Services ©1996, 2022 Bankers age 2
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