|
2oiooss2�
<br />The prnperty is located in ..H.AI,I..C.R4.lN.T.Y .............................................. at ..............................................
<br />(County)
<br />4Q3,IV,41;H.�T,.DONIP.H.A�Y ....................................................... ., Nebraska ...6��32-95.5.1.....
<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 stack and all �xisting and 1'uture unprovements, structures, �xtures, and replacements that rnay
<br />now, or at any time in the future, b� part of the real estate described above (all referred to as "Praperty").
<br />3. MAXIMUM OBLIGATION LIM17. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ ,,1.0.0, Q0.0.Q0 .................................. . . This liznitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this lunitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perfarm any of the covenants contained in this
<br />S�curity Instrument.
<br />4. SECURED DEBT AND FUTUFiE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred und�r the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence nf debt described
<br />below and all their extensions, renewals, modifications or substitutions, (You mast specifica//y identify the debt(sJ
<br />secured and you should include ihe final maturity date af such debt(s).1
<br />Borrower(s): TODD WILLIAMS and MARILYN WILLIAMS
<br />Principal/Maximum Line Amount.� 700,000.00
<br />Maturity Date: 1Q/20/2035
<br />Nofe Date: 1 p/27/2010
<br />B. All future advances from Bene�ciary to Trustor or other future obligations of Trustor to �eneficiary under any
<br />promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Beneficiary after tbis
<br />Security Instrurnent whether or not this Security Instrument is specifically referenced. Tf more than one person signs
<br />this Security Instrument, each Trustor agrees that this Security lnstrument 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 rnore 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 tYus Security
<br />lnstrurnent. Nothing in this Security Instrument shall constitute a commitment ta make additional ar future loans or
<br />advances in any amount. Any such commitment must b� agreed to in a separate writing.
<br />C. All other obligations Trustor owes to Beneficiary, which may later arise, to th� extent not prohibited hy law,
<br />including, but not limited to, liabilities for overdrafts relating to any deposit account agr�ement 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 c�f this
<br />Security Instrument.
<br />!n th� event that Beneficiary fails to provide any required notice of the right c�f rescission, Beneficiary waives any
<br />subseyuent security int�rest 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 pravisians and
<br />sections of the master form D�ed of Trust (Master Form), inclusive, dated ............0.$�R7�Q0.�............ and recorded as
<br />Recording Nurnber ..................................... or Instrument Number 20Q7.0.7.7.9,3....................... in Book
<br />. . . . . . . . .. ... . ... . . .. . . .. . .. . . .. . . .. . . .... . . .. . . . . . . . . . . . . . . . at Page(s) , . . . . . .. .. , . . . . .. . of the Official Records in the Office of the
<br />Regist�r of Deeds of ..HAI,I, ........................... County, Nebraska, are hereby incorporated into, and shall govern, this
<br />Security Instrument. This Security Instrument will be oftered for record in the same county in which the Master Form was
<br />r�corded.
<br />lpaqe 2 af 31
<br />OO 1994 Wolters Kluwer Finencial Sarvicas - Bankars Syatema Form USBQCPSFDTNE 9llrll2009
<br />
|