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� <br />� <br />� <br />� �..�"' <br />j � <br />� �� <br />N � <br />N � <br />W - <br />� <br />� <br />� <br />� <br />� <br />�'`;, <br />'�r� <br />� <br />a <br />� <br />Y � <br />M�� <br />� <br />� <br />C <br />� � <br />;y dl O <br />trE �.' 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The bene�ciary is <br />Hame Federal Savings & l.oau Assaciatio�a of Grand islaud who�e address is 221 South Lacust Street, <br />Gra�td Isl�nd, Nebraska 68801 ("I,ender"), whicla is organi?ed and existi�7g under the laws of t1�e United States of <br />A.merica. C�razitor in consideration of loans extended by Lender up to a iliaximum principal aniow�t of Sisty- <br />eight Thousand Eight IIundred .['ifteen and 07/lUU Dollars ($68,815.07) ("M�tximum Principal Indebtedness"), <br />and for other valuable consideratiozi t1�e receipt of which is acluiowled�ed, irrevoc�bly grants, conveys and <br />assigns to 'I'n�stee, in tru5t, witli power of sale lhe fi�llowing described propet'ly located in tl�e Cowity of Iiall, <br />State of Nebraska: <br />Address: 271C> ()Id Fair Road, C:F.i,AND ISLANb, Nebrasl<a G$$U3 <br />Le�al Uescription: Uaait 2716, Islnnd West Pl�zfl Co►�docriinium Property Regime, in the City of Grand <br />lslancl, Hall ('ounty, Nebrnska <br />"Together with all easements, appurlenanccs ab�ittirzg streets arad alleys, improvenaents, Uuildin�s, �xtures, <br />tenen�enls, hereditarnents, equipment, rents, incame, pro�ts and royalties, personal goods of wlialever dcticripti��.� <br />axzd all other rights and privileges includin� all miraerals, oil, �;as, water (whether groundwaler, tiubterranean or <br />otherwise), water riglits (whether riparian, appropriate or otherwi5e, az�d whether or not appurtenant to the above- <br />described real property), wells, well per�nits, ditches, ditch rights, rese�voirs, reservoir ri�;hts, reservoir sites, <br />starage rights, danis and water stock that may now, ar at any time in the iuture, be localed on and/or used in <br />connection witti the above-describc;d real property, payinent awards, anaouzits received from e�nir�erit domain, <br />zrnounts received frotn �ny and all irisurance paymezits, and timber wlzich may naw or later be located, tiituated, or <br />affixed on and used in comiection therewith (liereinafter called the "Property"). <br />1ZELAT.ED DOCUMFNTS. The words "Related Docimients" naean all promissory taotes, security agreernents, <br />prior mort�ages, prior deeds of trust, business loar� z�reemcnts, constructiorz loan agreements, resolutionn, <br />gu�raulies, environmezltal agreement5, subordination agreeriients, assignmcnt5 of leases �nd rents and any otliez <br />documents or agreements executed in coruieclion with this Security Intitnnnetat wl�ether now or hereafter existing. <br />"I'l�e Related DocuriienC� are hereby made a p�rt of this Security Inslrument by refere�ace tliereto, with the sarrze <br />lorce and effect as il`Ii�lly sct forth herein. <br />INDE13'I'N:I)NESS. This Security Instrumenl secures the principal amount tih��wn above as may be evidenced by a. <br />pI'O1T115SOYy t7(lfe OX I101eS Or eVt;ll, prior or subsequent date hereto 111CIUC�111� lUll1C� advances and every Ot}lEC <br />indebtedr�ess of any and evcry kind now or liereaiter owing from Grantor tv Lender, howsoever created or 81'ISIT7�, <br />whether prima�y, second�ry or contingent, togetl�er wilh any interest or cliarges provided in or arising out of such <br />indebtedness, as well aa the a�reeznents and covenants of this Security intitrutnent and �11 Related D<�cun�e��ts <br />(tiereinal'ter all referred to as the "lndebtcdness"). <br />FUTURF, AI)VANCES. To the extent pen��itted by law, this Security Instrumeut will secure f'uhu•e adv�izces as if <br />such advances were madc c�n the d�te of this Security InstnuT�ezit regarclless of the f'act that frori� tiz��e to time thcre <br />may be no balance due unde.r the note and regardless of wlielher Lendcr is obligated to ttaake such fulure advances. <br />CROSS CQLLA'1'I!;RAI..IZATION. It is the ex�ressecl intenl of Grantor to cross collater�lize all ot itti <br />Indebtediiess and obligations to I,ender, lzowsoever �risin� and whensoever iiicurred. <br />WARRANTIES. Graxitor, for itself, ils heirs, personal representatives, successors, and ��titii�ns, ►•eprese�ats, <br />warrants, cove�iants and agrees with Lender, its successors and astiignti, ati follows: <br />Perfiormance of Obligatious. Grantor prc�miaes to perfornn all terms, canditions, and covenants of ttiis <br />Security lnstrument and Related I7ocuments izz accordance with thc tennti contained tlierei�i. <br />llefense and Title to Property. At the ti���e of execution and delivery nf this instrutt�ent, Grantor is lawfully <br />Seised of the estale hereby conveyed and h�js the exclusive rig}at to n�aortg�ge granL, cvnvcy and a55ign the <br />Nroperty. Cirantor covenanls that the Prc�perty is unencumUered and free of all liens, except fi�r encumbrax�ces <br />of record acceptable to Lender. Further, UranCor covenants that Gra��tor will warraut and defend generally <br />the title to the Vt•operty against any and all claims a�id demand5 whatsoever, subject to the easeiYients, <br /><.7 211114-2U1 p CinupliFipce Syslcrns. Inc P947-71 I F• 2010A53(i5 <br />('o�mnt�r:iel Rei�l Gsttlte Sa�urify Instrwncnt - �L4007 Page 1 of 5 <br />�vww. com pl iancesystenu. com <br />� r, �b <br />� <br />.,.,A-, <br />