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2oioos443 <br />The property is Iocated in ..HALL. COUNTY <br />.................................... ..... . . ... at <br />(County) <br />.�2�.HQl�GO.M�.�.T..�.GF�ANR.a�I�.P�Np .............................................................. Nebraska ...6.$�01r745.�.... <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 impravements, structures, flixtures, and replacements that may <br />now, or at any tune 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 $ . . ,4,7. QP.Q.AO . . . . . . . . .. . . . .. .. . . . . . . . . . . . . . . . . . . . This lirnitation of amount does not include interest and other fees <br />and charges validly mad� pursuant to this Security Instrument. Also, this limitation does not apply ta advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and ta perfarm 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), tantract(s), guaranty(ies) or other evidence of debt <br />described below and all their extensions, renewals, modiflications or substitutions. (When referenting the debts below <br />it is suggested that you include icems such as borrowers' names, nore amounts, interest rafes, maturity dates, etc.) <br />Borrower(s): ROGER SMITH and S7EPMANIE 5M1'fH <br />Principal/Maximum Line Amount: 47,000.00 <br />Maturity bate: 10/15/2025 <br />Note Date: 10/20/2010 <br />B. All future advances from Beneficiary ta Trustor or other future obligations of Trustor ta Beneficiary under any <br />promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favar of Beneficiary after this <br />Security Instrument whether or nat this Security Instrument is specifically referenced. If more than one person signs <br />this Security Instrument, ea�h Trustor agrees that this Security Instrument will secure all future advan�es 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 Seturity 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 Se�urity Instrument shall constitute a commitment to make additional or future loans or <br />advances in any amount. Any such commiunent must be agreed to in a separate writing. <br />C. All obligatinns Trustar 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 />In the event that Beneficiary fails ta pravide 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 Instnunent. <br />(page 2 of 3) <br />�7994 Wolrers Kluwer Finandal Services - Bankers Systems TM Form USBRED75FNE 9/14/Z009 � �_ <br />