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201003370
<br />The property is located in HALL COUNTY
<br />.................................................................... at ..............................................
<br />1202 WEST ST ,WOOD RIVER (County)
<br />.................................................................................................................. Nebraska ....6.$$$$:.91.6.9...
<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 $ . 77,400:00,,,,,,,,,,,,,,,,,,,,,,,,,,, ,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 ANp 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You mustspecificallyidentifythe
<br />debt(s) secured and you should include the final maturity date of such debt(s))
<br />Borrower(s): JUSTIN L PAULK and BRSNDA J PAULK
<br />PrincipaUMaximum Line Amount: 77,400.00
<br />Maturity DatE: 04/23/2035
<br />Note Date: 04/23/2010
<br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any
<br />promissory note, contract, guaranty, ar other evidence of debt executed by Trustor in favor of Beneficiary after this
<br />Security Instrument whether or not this Security Instrument is specifically referenced. If more than one person signs
<br />this Security Instrument, each Trustor agrees that this Security Instrument will secure all future advances and future
<br />obligations that are given to or incurred by any one or more Trustor, ar any one or more Trustor and others. All
<br />future advances 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 of this Security
<br />Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or
<br />advances in any amount. Any such commitment must be agreed to in a separate
<br />C. ~itltta~r obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited bylaw,
<br />including, 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 far 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 />In the event that Beneficiary fails to provide any required notice of the right of rescission, Beneficiary waives any
<br />subsequent security interest in the Trustor's principal dwelling that is created by this Security
<br />Instrument.
<br />MASTER FORM. By the delivery and execution of this Security Instrument, Trustor agrees that all provisions and
<br />sections of the master form Deed of Trust (Master Form), inclusive, dated .................... ~8{Q7~20~~d recorded as
<br />Recording Number ..................................... or Instrument Number .2Q~7Q7743,,,,,,,,,,,,, in Book
<br />............................................................. at Page(s) .................. of the Official Records in the Office of the
<br />Register of Deeds of ....HA~:~ ..................... County, Nebraska, are hereby incorporated into, and shall govern, this
<br />Security Instrument. This Security Instrument will be offered for record in the same county in which the Master Form was
<br />recorded.
<br />~ ,~ (page7of3)
<br />©1994 Wolters Kluwer pinancial Services- Bankers Systems T~ Form USBOCP5FDTNE 9/74/2009 ~\ ~/~ ~~
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