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<br /> ThepropertyTs lotated in.t3iLL............................................................at.........,.................,..................
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<br /> 16]2..1+33..3d�y..sT..��..........................� ..GxaAd..i�la►�......................., nebraska 688 a�cod:i.......
<br /> 7ogether with all rights� euements, appurtenances, roy�itles� mineral rights, oll and gas rights� 31t
<br /> ' wate� and riparian rights, dltches, and water stock and all existin� a�d futu�e improvements�
<br /> st�uctu�es, flxtures, and replacements that may now,or at any time in the futu�e, be pan of the reil
<br /> estate desuibed above (all refer�ed co as'Property').
<br /> 3. MAXIMUM OBLIGATt�N UMIT. The total princl�al amount secured by this Securiry Instrument at any
<br /> one time shall not exceed 5................9.�4s..�Q.............._..... This limltation of amount does not include
<br />= i�terest and other fees and cha�ges validly made pu�suant to this Security Instrument. Also, this
<br />- limitatlon does not a{�ply to advances made under the terms of this Security Instrument to protect
<br />_ Lende�'s security and to pe�form any of the covenants contalned in this Security Inst�ument.
<br /> 4. SECURED DEg�ANi�FUTURE ADVANtES.Ti�e term 'S�euretl0eht"is defined as follows:
<br /> A. Debt incu�red under the terms of all promissory note(s). cont�act(s),gua�anty(s)or other evidence
<br /> of debt described below and all their extensions,renewals� modifications or substitutlons. (When
<br /> referencing rhe debts below It!s suggested rhac y�ou lntlude Iiems such as borrow�rs'nar�ts.notc
<br /> amounis. Interest rates.maturliy dates,etc.)
<br /> 7► nat�/hom� imgrov�at r�tail installm�nt contra�jt �x�cuted
<br /> by tho borrasar(s) / qrantor(s) an i a/�r , 19�_,.
<br /> B. Ali future advances from lender to Grantor or other future obligations of Grantar to�.ender under
<br /> any promissory note,contract. guaranty, or other evidence of debt executed by Grantor in favor
<br /> of Lender executed aker this Security Inst�ument whather or not this Security Instrument is
<br /> • speciflully refere�n�d. If more than one persan signs this Secu�ity Instrument, each Grantor
<br /> a rees that this Seeu.rity Instrument will s�:c�re all future advances and future obligations that are
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<br /> g en to or incurrec! �y any one os more�rantor. or any one or more Grantor and others. All
<br /> future advances anr� other fut�re ofoNgatia�ers are sec�red by this Securiry Instrumant even though �
<br /> all or part may not yet be advanted.l�ll fut�re advartces and other future obligations are secured
<br /> as if made on the date of this Seturity tr�strumenc. Nothing 1n this Se.uriry Instrument sha{f
<br /> constitute a comrreitment to make additionaF a fut�re loans or advances in any amounc.l�on�r suct�
<br /> commitment must fxe agreed to in a separzte writing.
<br /> � C.All obUgations Grare4or o��es to Lender� which may later arise, to the extent not prohibited by law,
<br /> including, but not limited to� liabilities for overdrafts relati�g to any deposit account ag�eement
<br /> betwreen G►antor and lender.
<br /> .. � D.A!I additional surns advanted and expenses intu►red by Lendef for insuNng preserving or
<br />_ - otherwise p►oiecci�g the Property and 1ts value and any other sums advancec� and expenses
<br /> ' inwrad by Lendec under the terms of this Security Instrument.
<br /> ,� ihls Securiry Instrument wlll not secu�e any other debt If Lender falls to yive any required nottce of the
<br /> •� right of r�sctssion.
<br /> � S. PAYNIEN7,5.C,�antor agrees that aIE Qayments unde� the Secured Debt wlll be paid when due and in
<br /> auordance with the terms ef the Secu�ed Debt arzd this Security Inscrument.
<br /> 6. WARRAN7'Y OF TITt.E Grantor warrants tfsat Grantor is or will Fx Oav�+fuliy seized of the estate
<br /> . conveyed by this Seturciy tnstrumtnt and fus the �19ht to irrevoca@fy grant, ccnvey, and sell the
<br /> � Propertyr to Yrustee� in trust� wi� power of s�le. Granto� also warrants tFr�t the Propercy is
<br /> � unenwmbered,excep�forentumivances of reco�d.
<br /> - 7. PRIOR SECURITY INTEt�ESTS.With regard to arey other mortgage�de�c! of tnise�security agreement or
<br /> : othe� Ilen dowment tira¢ veated a prior security interest or enwmGrance on the P�operty. Grantor
<br /> . agrees:
<br /> � A. To mafce all payments when dcee and to perform or cor��tty wlth aU covenants. �
<br /> � B. To promptty defiver to Lender any notices that Grantor receives from the hokfer.
<br /> ;� G Not to allow any rteodiflcation or extension of,nor to req uest any futu�e advances under any note
<br /> , � or agreement secured by the lien dacument with�ut lenders prior written consent.
<br /> . ; 8. CW1MS ACAINST TITLE.Grantor w1ll pay all taxes�assessments,liens�encumbrances, lease payments,
<br /> � ground rents� utilitles, and other chuges relating to the Property when due. Lender may requt�e ,
<br /> . ;
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