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<br /> � 97�aqg16 � -
<br /> Yheproperty Is located in.�..........................................,..................at ..............................................
<br /> � , (countyl
<br /> ' '� 4233..E..9ltiti.,8x...................... ..Axlsnd..za7.uad.,...................... Nebraska f8aQ1...............
<br /> . . ....... . . ....
<br /> �� (Addrossl •.•• •• • (CIryO •••� f21P Code) , „ "
<br /> ' Together wich all rights, easements, appurtenances, �oyalties, mineral rights, otl and gas rights� all
<br /> � water and riparlan rlghts, ditches, and water stock and all existln� and future improvements
<br /> structures, flxtures� and replacements that may now, or at any time In c e futur�, be part of the rea�
<br /> �� estate described above(all referred to as "Property").
<br /> 3. MAXIMUM OBLIGATION LIMI'P. The total princfpal amount secured by this Security Instrurnent at any ��
<br /> one time shall not exceed 5.................7z.iS..5A....................This limitatlon of amount does not include • �� •�% :���`i:°�
<br /> interest and other fees and cha��ges validly made pursuant ro thts Sewriry Instrurnent. Also, this :':;-�a�;�-
<br /> Ifmttation does not apply ta advances made under the terms of this Securicy Instrurnent to protect • �:�
<br /> Lender's security and to perform any of ehe covenancs contained !n chis Seeurity Instrument. . k;,�rsW�^�_..
<br /> ' 4. SECURED DEBY AND FUTURE ADVANCES.The term"Secured Debt"is defined as follows: .. """`��-
<br /> A. Debt Incurred unde�the terms of all promissary note(s), contract(s),guaranty(s)or other evidence �:
<br /> of debt described below and all their extensions, renewals, modiflcations or substitutio�s. �Whe►f ; �r;
<br /> � referencln�tb�e debts below!t!s suggested ihat you lnclude Ite►r�s such as borrowers'names,note � , �,�"'���--
<br /> amounts, rnterest ratas, maturlty dates, etc.) ��:;---=---
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<br /> • � A note/home im rovement retail ina�allment contrac� executed � � {�<<-'S�`�'" •-
<br /> p •,���,., ir�._
<br /> �:,,� by the borrower(e) / graator(e) on /-�- , 19 97 • '!��;1��'�'4:�`%�►�.��
<br /> • _ �}��
<br /> �. � e. All future advances from Lender to Grantor or other future obligations of Grantor to Lender under ;:�' �',"�__ .,.�
<br /> any promissory nute,contract, uaranty, or other evidence of debt executed by Grantor In favor ���� �• � ,.
<br /> 7 of Lender executed aker this �ecurfty Instrument whether or not this Seeurlty Instrument is `
<br /> �� 1 speciflcally refereneed. If more than one person s�gns this Security Instrument, e�eh Crantor ± •� �
<br /> agrees that this Securlty Instrument wlll secure all future advances and future obligatlons that are ;. �1`
<br /> ��`,�� given to or Incurred b any one or more Crantor, or ariy one or more Graneor and others. All c.
<br /> -, `:'�:„ ��tur2 aci�anz2s artM at�2r futur�a�ls atlans ar� ac�urcr!b�; :hts Securlr;lnstrume�s e:•en thas:gh — '
<br /> all or part may not yet be advanced.�II fuwre advances and other future obllgatlons are secured ',,�. -
<br /> as if made on the date of thls Securiry Instrument. Nothing in thfs Security Instrument shall
<br /> " constftute a cornmitment to make additlonal or future laans ar advances in any amount.Any such
<br /> � � commitment must be agreed to In a separate wrlting. {
<br /> c;
<br /> ' # C. All obligatlons Gra;�tor owes to Lender, whlch may later arlse,to the extent not prohlbited by law,
<br /> �a Including but not Iimited to, Ilablllties for overdrafts relacing to any deposit account agreement
<br /> betwPen �rantor and Lender.
<br /> ° � � D. All addltional sums advanced and expenses lncurred by Lender for Insuring preserviny or
<br /> otherwlse protecting the Propeny and Its value and any ather sums advanced and expenses
<br /> ' Incurred by Lender under th�terms of this Security Instrument. -
<br /> This Securiry Instrument wltl not sewre any other debt if Lender fails to g(ve any requlred notice of the s��, ��-
<br />=� < �• rlght of rescission. . .
<br />-t�-�;.1.�,���,� S. PAYMHNTS.Grantnr agrees that all payments under the Secured Debt wlll be pald when due and In
<br />- ;_.-,,,,. , , accordance with the terms of the Secured Debt and this Se�urfry Instrument.
<br />� ; ��� 6. WARRANTY OF TITLE. Grantor warrants that Grantor is or wUl be lawfully seized of tN� estate _-
<br />- conveyed by this Securicy Instrument and has the rlght to Irrevocably grant, con►�ey, and sell the � a°�
<br />� ' ., Property to Trustee, !n trust, with pnwer of sale. Grantor also warrants that the Property Is -
<br /> �'-� . unencumbered, extept for encumbrances of record. �-`______ _
<br /> �- `'� �r 7. PRIOR S�CURITY IM'L'ERESTS.With regard to any other mortgage.deed of trust, security agreement or � - _.
<br />-_.� �k�.. ._, , other Ifen document that created a prior securiey Intere�t or encumbrance on the Property, Grantor �` _,
<br />-����....{;:. agrees: _-
<br />� : ~� A. To make all payments when due and co pe�form nr comply with all covenants. � ""-- �`
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<br /> _ B. To promptly deliver to Lender any notices that�rantor receives from�the holder. �,�TZ�u�—� _
<br /> . � � C. Not to ailow any modlfleatfon or extenslon of,nor to request any fuwre advances under any note `"�=- ---j=
<br />- ' or agreernent secured by the Iien document without Lender's prior wrttten consent. ��=*'�;?"r6���
<br /> _ .::i:�.�.+ti?`�..
<br /> -. Sa Gl.�►IMS AGAl1�5TTITLE. Grantor will pay all taxes,assessments, Ilens,encumbranees,I�ase payments, �,-;� �,�
<br /> <� � ground rents, utilities, and other charges relating to the Property when due. Lender may require �•"�`�w�'�"'��;`
<br /> _. .'Pr:'re fi•'e`-°�� •�
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<br /> " � O19!MBmk�nSystems,Inc..St CbuA,MN(1 800�397tI41)FormGTHMTGUI2NE 10/11/96 GT�ISI6-090(9/9q (pap?o/61
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