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<br /> The property is located in....Hal 1.......... ............................. at
<br /> .................. .............................................. �
<br /> (county) �
<br /> 1923 W Division St Grand Island Nebraska ...68803
<br /> .................................................... .................................................... ...........
<br /> (Address) (City) (ZIP Code) !
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<br /> Together with all rights, easements, app'urten�dees�;`�yal�ts;°mineral rights, oil and gas rights, a11 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. MAI�MMUM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ .. 3 0:0 0 0.0 0 ,,,, , �s limitation of amount does not include interest and other fees
<br /> .......................................
<br /> and charges validly made pursuant to tlus 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 FUTURE 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. (Wfzen referencing the debts below it is
<br /> suggested that you include items such as borrowers'names, note amounts, interest rates, maturity dates, etc.)
<br /> Note dated June 15, 1999, between Green Tree Financial Servicing
<br /> Corporation and Frank J Hermes, Joan M Hermes, for $30,000.00, maturing
<br /> June 21, 2019.
<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 khat 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 tlus Secunty Instrument. Nothing in this Security Instrument shall consdtute 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 arise, 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 tlus
<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 inevocably grant, convey, and sell the Property to Trustee, in trust, with power of
<br /> sa1e. 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, securiry 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 rec�uest any advances und r any note or agreement
<br /> secured by the lien document without Beneficiary's prior wntten conse . GT 1 8-090 11 1/97) /page 2 of 61
<br /> 81884 Bankers Systema,Inc.,St.Cloud,MN Form GTH-MTGLAZNE 1/8/98
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