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202306774
<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 $85,000.00. 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 December 7,
<br />2023, from BRANDON S CONNICK (Borrower) to Lender, with a maximum credit limit of
<br />$85,000.00 and maturing on June 4, 2024.
<br />B. Future Advances. All future advances from Lender to BRANDON S CONNICK under the
<br />Specific Debts executed by BRANDON S CONNICK in favor of Lender after this Security
<br />Instrument. If more than one person signs this Security Instrument, each agrees that this
<br />Security Instrument will secure all future advances that are given to BRANDON S CONNICK
<br />either individually or with others who may not sign this Security Instrument. All future
<br />advances are secured by this Security Instrument even though all or part may not yet be
<br />advanced. All future advances are secured as if made on the date of this Security
<br />Instrument. Nothing in this Security Instrument shall constitute a commitment to make
<br />additional or future advances in any amount. Any such commitment must be agreed to in a
<br />separate writing.
<br />C. 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 eamings 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 Ilen 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 />10. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of
<br />the Secured Debt to be immediately due and payable upon the creation of, or contract for the
<br />BRANDON S CONNICK
<br />Nebraska Deed Of Trust
<br />NE/4SIM0NSEN00000000003181023120723N Wolters Kluwer Financial Services, Inc.61996, 2023 Page 2
<br />Bankers Systems'.
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