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g9 112270
<br /> The property is located in ....Hal 1......................................................... at
<br /> ..............................................
<br /> (County)
<br /> 518 N Broadwell Ave Grand Island Nebraska 68803
<br /> ....................................................... .................. .......................
<br /> (Address) (City) (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 referred to as "Property").
<br /> 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $ ,..6 4:6 0 0:0 0 , This limitation of amount does not include interest and other fees
<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 FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br /> A.Debt incuned 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, maturiry dates, etc.)
<br /> Note dated December 27, 1999, between Conseco Finance Servicing Corp. and
<br /> Joseph R Beran, Barbara L Beran, for $64,600.00, maturing January 2, 2020.
<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 mare 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 sha11 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 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 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 inevocably 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, nar to request any future advances under any note or agreement
<br /> secured by the lien document without Beneficiary's prior wntten co nt. �_ _ _ g_oso (i�/s71 (page 2 of 6/
<br /> � 61 1 '�2
<br /> �01994 Bankers Systems,Inc.,St.Cloud,MN Form GTH-MTGLAZNE 1/8/96 �/L��
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