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The property is loeated in „HALL COUNTY, <br />,4Q1.8.R�.GAI,.Qft...GRANA aS1.ANA. <br />(Address) <br />2oioosio� <br />......................... at ..........................., <br />(County) <br />..................................... <br />(City) <br />� <br />.........., Nebraska ...6$�03-G.4.07... <br />(ZIP Code) <br />Together with all rights, easements, appurtenances, rayalties, mineral rights, ail and gas rights, all water and riparian <br />rights, ditGhes and water stock and all existing and future improvements, structures, fixtures, and repla�ements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Froperty"). <br />3. MAXIMUM OBI.IGA710N LIMIT. The total principal amount secured by this Security Instnimenf at any one time shall <br />not exceed $..�.SQ�ROA.O.Q .................................. . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant ta 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 pexform any of the covenants contained in this <br />Security Instrument. <br />4. S�CURED DEBT AND FUTURE pDVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt ineurred 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. (When referencing the debts be/ow <br />ic is suggested rhat you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />Borrawer(s): GREGORY OLSON and LAURA OLSON <br />Principal/Maximum Line Amount: 150,000.00 <br />Maturity Date: 12/01/2030 <br />Note Date: 11/15/201� <br />s. 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 Bene�ciary after this <br />Security Instrument whether or not this Security Instrument is specifically referenced. If more than one persan 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 advan�es and other future obligations are secured by this Security Instrument even though all or part may not <br />yet be advanced. All future advanGes and other future obligations are setured 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 obligations Trustor owes to Benefi�iary, which may later arise, to the extent not prohibited by law, induding, <br />but not lunited 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 ather sums advanced and expenses incurred by Bene�ciary under the terms af this <br />Security Instniment. <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 />(page 2 af 31 <br />m1994 Wolters Kluwer Finan[IaIServlces- Bankers Sysrems T � Form USBREDTSFNE 9/14/2tl09 <br />