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c � <br /> c � <br /> � 99- 1(�4238 <br /> The property is located in ...........i?A?.:L................................................. at .............................................. <br /> (Counry) <br /> 432 E South ST Grand Island , Nebraska 68801 <br /> ............................................................. ................................................... ......(.........j...... <br /> (Address) �C��y� <br /> ZIP Code <br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br /> rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br /> now, or at any time in the future, be part of the real estate described above(all refened to as "Property"). <br /> 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br /> 6 3 3 5.4 7..., , This limitation of amount does not include interest and other fees <br /> not exceed $ ........................... <br /> and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br /> the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br /> Security Instrument. <br /> 4. SECURED DEBT AND F(JTURE ADVANCES. The term "Secured Debt" is defined as follows: <br /> A.Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br /> below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br /> suggested that you include items such as borrowers'names, note amounts, interest rates, maturity dates, etc.) <br /> A note / Home Improvement Retail Installment Contract / executed <br /> by the mortgagor/borrower on .� -.�rr-� , 19�, <br /> . VI <br /> B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any <br /> promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Beneficiary executed <br /> after this Security Instrument whether or not this Security Instrument is specifically referenced. If more than one <br /> person signs this Security Instrument, each Trustor agrees that this Security Instrument will secure all future <br /> advances and future obligations that are given to or incurred by any one or more Trustor, or any one or more Trustor <br /> and others. All future advances and other future obligations are secured by this Security Instrument even though all <br /> or part may not 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 make additional or <br /> future loans or advances in any amount. Any such commitment must be agreed to in a separate writing. <br /> C.All obligations Trustor owes to Beneficiary, which may later azise, to the extent not prohibited by law, including, <br /> but not limited to, liabilities for overdrafts relating to any deposit account agreement between Trustor and <br /> Beneficiary. <br /> D.All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protecting <br /> the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the terms of this <br /> Security Instrument. <br /> 'This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice of the right of <br /> rescission. <br /> 5. PAYMENTS. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance with the <br /> 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 conveyed by this <br /> Security Instrument and has the right to irrevocably grant, convey, and sell the Property to Trustee, in trust, with power of <br /> sale. Trustor also warrants that the Property is unencumbered, except for encumbrances of record. <br /> 7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien <br /> document that created a prior security interest or encumbrance on the Property, 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 agreement <br /> secured by the lien document without Beneficiary's prior wrrtten consen� T-15-28-090 (1 1/97) (page 2 of 61 <br /> �01994 Bankers Systems,Inc.,St.Cloud,MN Form GTH-MTGLAZNE 1/S/98 <br />