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202405112 <br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary <br />under any promissory note, contract, guaranty, or other evidence of debt executed by Trustor in <br />favor of Beneficiary after this Security Instrument whether or not this Security Instrument is <br />specifically referenced. If more than one person signs this Security Instrument, each Trustor agrees <br />that this Security Instrument will secure all future advances and future obligations that are given to <br />or incurred by anyone or more Trustor, or anyone or more Trustor and others. All future advances <br />and other future obligations are secured by this Security Instrument even though all or part may not <br />yet be advanced. All future advances and other future obligations are secured as if made on the date <br />of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to <br />make additional or future loans or advances in any amount. Any such commitment must be agreed <br />to in a separate writing. <br />C. All obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited by <br />law, including, but not limited to, liabilities for overdrafts relating to any deposit account <br />agreement between Trustor and Beneficiary, <br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or <br />otherwise protecting the Property and its value and any other sums advanced and expenses incurred <br />by Beneficiary under the terms of this Security Instrument. <br />This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice of <br />the right of rescission. <br />5. PAYMENTS. Trustor agrees that all payments under the Secured Debt will be paid when due and in <br />accordance with the terms of the Secured Debt and this Security Instrument <br />6. WARRANTY OF TITLE. Trustor warrants that Trustor is or will be lawfully seized of the estate <br />conveyed by this Security Instrument and has the right to irrevocably grant, convey, and sell the Property <br />to Trustee, in trust, with power of sale. Trustor also warrants that the Property is unencumbered, except <br />for encumbrances of record. <br />7. 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 Property, <br />Trustor agrees: <br />A. To make all payments when due and to perform or comply with all covenants. <br />B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder. <br />C. Not to allow any modification or extension of, nor to request any future advances under any note or <br />agreement secured by the lien document without Benefieiary's prior written consent. <br />8. CLAIMS AGAINST TITLE. Trustor will pay all taxes, assessments, liens, encumbrances, lease <br />payments, ground rents, utilities, and other charges relating to the Property when due. Beneficiary may <br />require Trustor to provide to Beneficiary copies of all notices that such amounts are due and the receipts <br />evidencing Trustor's payment. Trustor will defend title to the Property against any claims that would <br />impair the lien of this Security Instrument. Trustor agrees to assign to Beneficiary, as requested by <br />Beneficiary, any rights, claims or defenses Trustor may have against parties who supply labor or <br />materials to maintain or improve the Property. <br />9. DUE ON SALE OR ENCUMBRANCE. Beneficiary 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 creation of, <br />any lien, encumbrance, transfer or sale of the Property. This right is subject to the restrictions imposed <br />by federal law (12 C.F.R. 591), as applicable. This covenant shall run with the Property and shall remain <br />in effect until the Secured Debt is paid in full and this Security Instrument is released. <br />10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Trustor will keep the Property in <br />good condition and make all repairs that arc reasonably necessary. Trustor shall not commit or allow any <br />waste, impairment, or deterioration of the Property. Trustor will keep the Property free of noxious weeds <br />and grasses. Trustor agrees that the nature of the occupancy and use will not substantially change without <br />Beneficiary's prior written consent. Trustor will not permit any change in any license, restrictive <br />covenant or easement without Beneficiary's prior written consent. Trustor will notify Beneficiary of all <br />demands, proceedings, claims, and actions against Trustor, and of any loss or damage to the Property. <br />Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter the Property at any reasonable <br />time for the purpose of inspecting the Property. Beneficiary shall give Trustor notice at the time of or <br />before an inspection specifying a reasonable purpose for the inspection. Any inspection of the Property <br />shall be entirely for Beneficiary's benefit and Trustor will in no way rely on Beneficiary's inspection. <br />11. AUTHORITY TO PERFORM. If Trustor fails to perform any duty or any of the covenants contained <br />in this Security Instrument, Beneficiary may, without notice, perform or cause them to be performed. <br />Trustor appoints Beneficiary as attorney in fact to sign Trustor's name or pay any amount necessary for <br />performance. Beneficiary's right to perform for Trustor shall not create an obligation to perform, and <br />Beneficiary's failure to perform will not preclude Beneficiary from exercising any of Beneficiary's other <br />rights under the law or this Security Instrument. If any construction on the Property is discontinued or <br />not carried on in a reasonable manner, Beneficiary may take all steps necessary to protect Beneficiary's <br />security interest in the Property, including completion of the construction. <br />12. ASSIGNMENT OF LEASES AND RENTS. Trustor irrevocably assigns. grants and conveys, to <br />Trustee, in trust for the benefit of Beneficiary as additional security all the right, title and interest in the <br />following (all referred to as Property): existing or future leases, subleases, licenses, guaranties and any <br />other written or verbal agreements for the use and occupancy of the Property, including any extensions, <br />renewals, modifications or replacements (all referred to as Leases); and rents, issues and profits (all <br />NEBRASKA - DEED OF TRUST (NOT F <br />Laser Forms Inc. r#CHA1001/15 Initials: <br />HLMC, FHA OR VA USE) 'III <br />Page 2 of 5 <br />