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201003802
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Last modified
1/11/2011 1:34:07 PM
Creation date
6/2/2010 3:32:47 PM
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DEEDS
Inst Number
201003802
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201003802 <br />The property is located in .HAl,tr..G.pl1N.T.X ............................................. at .......................................... <br />(County) <br />314 MALLARD LN GRAND ISLAND Nebraska ....$$$01.-$~44... <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 $ ..1.17.,.OAR..OA ...................................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 incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. fYou must specifics//y identify the debt(s) <br />secured and you should include the final maturity date of such debt(sl.l <br />Borrower(s): MARILYN LETH <br />Principal/Maximum Line Amount: 117,000.00 <br />Maturity Date: 05/15/2035 <br />Nate Date: 05/07/2010 <br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any <br />promissory note, contract, guaranty, or 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, or 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 writing. <br />C. All other obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited by law, <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 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 />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 Instrument. <br />5. MASTER FORM. By the delivery and execution of this Security Instrument, Trustor agrees that all provisions and <br />sections of the master farm Deed of Trust (Master Form), inclusive, dated ............Q.$~Q~~~QQ~............ and recorded as <br />Recording Number ............................:........ or Instrument Number .20Q7.0.7.7.4.3....................... in Book <br />............................................................. at Page(s) .................. of the Official Records in the Office of the <br />Register of Deeds of ..1-1AL1 ........................... County, Nebraska, are hereby incorporated into, and shall govern, this <br />Security Instrument. This Security Instrument will be offered for record in the same county in which the Master Form was <br />recorded. <br />/page 2 of 3) <br />01994 Wolters Kluwer Financial Services -Bankers SystemsTM Form USBpCP$F07NE 9/1 41200 9 <br />
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