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200407685 2, CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Truster's performance under this Security hommoem, Trustor irrevocably grams, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: See attached Exhibit A Tax ID 400354888 The property is located in MO. at (c--m5) 407. SOUTH „MADISON, STREET ............ ..._............. . ...... .................. I........_.. , .. (Address) GRAND _ISI AM ........... ........ . Nehraska68801 70000, .. (City) (ZIP Coda) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future impmvemems, structures, fixtures, and replacements that may now, or at any time in the forme, be part of the real estate described above (all referred to as "Property. ") 3. MAXIMUM OBLIGATION LIWT. The total principal amount secured by this Security Instrument at any one time shall Out exceed $11 550.00 . This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limimtion does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform my of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt- is defined as follows: A. Debt incurred under the terms of the promissory note, revolving line of credit agreement, contract, guaranty or other evidence of debt dated 8/3/2004 together with all amendments, extensions, modifications or renewals. The maturity date of the Secured Debt is 8/3/2029 B. All future advances from Beneficiary to Tmstor under evidence of debt, whether obligatory or discretionary. All future advances are as if made on the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or advances which exceed the amount shown in Section 3. Any such commitment most be agreed to in a separate writing. C. All sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protecting the Property and its value and any ad= sours advanced and expenses incurred by Beneficiary under the terms of this Security 111straluent. S. PAYMENTS. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance with the [eons of die Secured Debt and this Security Instrument. 6. WARRANTY OF TITLE. Ttustor warrants that Trustor is or will be lawfully seized of the estate conveyed by this Security Instrument and has the right to irrevocably gram, convey, and sell the Property to Trustee, in trust, with power of sale. Tnstor also warrants that the Property is unencumbered, except for encumbrances of record. 7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property, Truster agrees: NEBRASKA - DEED DP TRUST LENE21o+m eaa'r ofB 20041997700019