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� I � � • � <br />i • � J° <br />Theproperty is located in ... Hal 1 .................................................. at ..................................... <br />(County) <br />„110„Amick„Ave � _,Doniphan,NE„68832,,,,,,,,,� Nebraska ;0000„ <br />................................. <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, miner�l rights, oil and gas rights, all water and <br />riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and <br />replacements that may now, or at any time in the future, be part of the real estate described above (all refened <br />to as "Property"). <br />3. MAXIlVIiTM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any <br />one time shall not exceed $ 43� ,000 ; ,00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,'�is limitation of amount does not <br />include interest and other fees and chazges validly made pursuant to this 5ecurity Instrument. Also, this <br />limitation does not apply to advances made under the terms of this 5ecurity Instrument to protect <br />Beneficiary's security and to perform any of the covenants contained in this Security Instrument. <br />4. SECURED DEBT A1�D FL'TUIt� ADVANCE5. The term "Secured Debt" is defined as follows: <br />A. Debt incuned under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of <br />debt described below and all their extensions, renewals, modifications or substitutions. (You must <br />specifically identify the debt(s) secured and you should include the final maturity date of such debt(sJ.) <br />Note Dated October 27, 2011 In The Amount Of $43,000.00 <br />Accruing At A Variable Rate With A Maturity Date Of November 10, 2016 <br />Said Loan In The Name(s) Of Steven H Curtiss <br />And Holly A Curtiss <br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary <br />under any promissory note, contract, guazanty, or other evidence of debt executed by Trustor in favor <br />of Beneficiary after this 5ecurity Instrument whether or not this Security Instrument is specifically <br />referenced. If more than one person signs this Security Instrument, each Trustor agrees that this <br />5ecurity Instrument will secure all future advances and future obligations that aze given to or incurred <br />by any one or more Trustor, or any one or more Trustor and others. All future advances and other <br />future obligations are secured by this Security Instrument even thougln all or part may not yet be <br />advanced. All future advances and other future obligations are secured as if made on the date of this <br />Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make <br />additional or future loans or advances in any amount. Any such commitment must be agreed to in a <br />separate writing. <br />C. All other obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited by <br />law, including, but not limited to, liabilities for overdrafts relating to any deposit account agreement <br />between Trustor and Beneficiary. <br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or <br />otherwise protecting the Property and its value and any other sums advanced and expenses incurred by <br />Beneficiary under the terms of this 5ecurity Instrument. <br />In the event that Beneficiary fails to provide any required notice of the right of rescission, Beneficiary waives <br />any subsequent security interest in the Trustor's principal dwelling that is created by this Security Instrument. <br />5. DEED OF TRUST COVENANTS. Trustor agrees that the covenants in this section aze material obligations <br />under the Secured Debt and this Security Instniment. If Trustor breaches any covenant in this section, <br />Beneficiary may refuse to make additional extensions of credit and reduce the credit limit. By not exercising <br />either remedy on Trustor's breach, Beneficiary does not waive Beneficiary's right to later consider the event a <br />breach if it happens again. <br />Payments. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance <br />with the terms of the Secured Debt and this Security Instrument. <br />Prior Security Interests. With regard to any other mortgage, deed of trust, security agreement or other lien <br />document that created a prior security interest or encumbrance on the Property, Trustor agrees to make all <br />payments when due and to perform or comply with all covenants. Trustor also agrees not to allow any <br />modification or extension of, nor to request any future advances under any note or agreement secured by the <br />lien document without Beneficiary's prior written approval. <br />Clairn� Agai�t �'itle. Tnastor will pay all taxes (including an�� tax assessed to this Deed of Trust), <br />assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the <br />Property when due. Beneficiary may require Trustor to provide to Beneficiary copies of all notices that such <br />amounts are due and the receipts evidencing Trustor's payment. Trustor will defend title to the Property <br />against any claims that would impair the lien of this Security Instnunent. Trustor agrees to assign to <br />Beneficiary, as requested by Beneficiary, any rights, claims or defenses Trustor may have against parties who <br />supply labor or materials to maintain or improve the Property. <br />Security Instrumant-Opan-End-Consumer-NE OCP-REDT-NE 7/2/2011 <br />VMPB Benkers SystemsTM VMP-C466(NE) (71071.00 <br />Wolters Kluwer Financial Services 01994, 2011 Page 2 of 6 <br />