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��������� <br />The property is located in ..HALL, COUNTY <br />...................... .............. at .............................................. <br />(County) <br />.544.CU�T�R .�AV�.N.�.�RANQ.lS4-A..�Q ........................................................... Nebraska ...6.$�R3-4�46.... <br />(Address) (Cfty) (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 improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all refened 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 $..52.QOO.AR ................................... . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Securiry Insmzment to protect Beneficiary's security and to perform 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), contract(s), guaranty(ies) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below <br />it is suggested ihat you include Items such as borrowers' names, note amounts, interesi rates, maturity daies, eic.) <br />Borrower(s): JAMES CUMMINGS and COLLEEN CUMMINGS <br />Principal/Maximum Line Amount: 52,000.00 <br />Maturity Date: 07/01/2021 <br />Note Date: 06/17/2011 <br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any <br />promissory note, contract, guaranty, or other evidence of debt exe�uted by Trustor in favor of Beneficiary after this <br />Security Instrument whether or not this Security Instrument is specifically referenced. If more than one person 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 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 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 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. Ali 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 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 Insttument. <br />(page2 of3) <br />�1994 Wolters IQuwer Flnarrcial Services- Bankers Systems ni° Form USBREDTSFNE 9/14/2009 <br />