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20100504
<br />The property is located in ..HALL, COUNTY ,,,,,,,,,,,,,,,,,, at
<br />................................ ................
<br />(County)
<br />.~XG.1~~:H.ST.~.,.~R~4f4A.l~hAl4R ................................................................... Nebraska ....~~$.Q:(-~')Q'.t:..
<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 $ ..50,000:00,,,,,,,,,,,,,,,,,,,,,,,,,,, ,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 AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), tontrad(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below
<br />it is suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Borrower(s): BENITA ALVARADO and JOSE ALVARADO
<br />PrincipaUMaximum Line Amount: 50,000.00
<br />Maturity Date: 07/10/2025
<br />Note bate: 06/28/2010
<br />8. 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 mare 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. >6~ifitib~gations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited bylaw, 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 />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 />(page2 of3)
<br />©7994 Wolters Kluwer Flnandal Services -Bankers Systems Trn Form USBREOTSFNE 9/14/2009
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