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<br />The properiy is located in ...........................NaIG........................... at 8 03,W3rd,St..........................
<br />(County')
<br />..................................................... ...............Grand.IsJand..............., Nebraska .........8$8R1.........
<br />(Address) (City) (ZIP Code)
<br />Together with a11 rights, easements, appurtena.nces, coyalties, mineral rights, oil and gas rights, a11 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 (a11 referred
<br />to as "Property").
<br />3. MAXIlVIUM OBLIGATION LIlVIIT. The total principal amount secured by this Securiry Instrument at aay
<br />one time shall not exceed $ ............................................. . This limitation of amount does not include
<br />interest and other fees and charges validly made pursuant to this Securiry Instrument. Also, this limitaxion
<br />does not apply to advances made under the terms of this Securiry Insttwnent to protect Beneficiary's security
<br />and to perform any of the covenants contained in this Security Instrument.
<br />4. SECURED DEBT AND F[JT[TRE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incuned under the terms of a11 promissory ,note(s), contract(s), guaranty(ies) or other evidence of
<br />debt described below and all their extensions, renewals, modif'ications or substitutions. (Wh,en
<br />referencing the debts below it is suggested that you include items such as borrowers' names, note
<br />amotuzts, interest raxes, maturiry daxes, etc.)
<br />All existing Promissory Notes and specifically a Promissory Note of even date
<br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary
<br />under any promissory note, contract, guaraniy, or other evidence of debt executed by Trustor in favor
<br />of Beneficiary after this Securiry Instrument whether or not this Security Instrument is specif'ically
<br />referenced. If more than one person signs this Securiry Instrument, each Trustor agrees that this
<br />Security Instrument will secure a11 future advances and future obligations that are 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 Securiry Instnunent even though a11 or pa.rt ma.y not yet be
<br />advanced. All future advances aad other future obligations are secured as if made on the date of this
<br />Securiry Instnunent. Nothing in this Securiry Tnstrument shall constitute a commitment to make
<br />additional or future loa.ns or advances in any amount. Any such commitment must be agreed to in a
<br />separate writing.
<br />C. All obligations Trustor owes to Beneficiary, which may later arise, t4 the extent mot prohibited by ta.w,
<br />including, but not limited to, lia.bilities for overdrafts relating to any deposit account agreement
<br />between Trustor and Beneficiary.
<br />D. All additional swns advanced and expenses incurred by Beneficia.ry for insuring, preserving or
<br />otherwise protecting the Properry and its value and any other sums advanced and expenses incurred by
<br />Beneficia.ry under the te�►s of this Securiry Instrument.
<br />This Securiry Instrument will not secure any other debt if Beneficiary fails to give any required notice of the
<br />right of rescission.
<br />5. PAYMENTS. Trustor agrees that a11 payments under the Secured Debt will be paid when due and in
<br />accordance with the terms of the Secured Debt and this Security Instrument.
<br />6. WARRANTY OF TITLE. Trustor warrants tha.t Trustor is or will be lawfully seized of the estate conveyed
<br />by this Securiry Instrument and has the right to irrevocably grant, convey, and sell the Property to Trustee, in
<br />trust, with power of sale. Trustor also warraats tha.t the Property is unencumbered, except for encumbrances
<br />of record.
<br />7. PRIOR 5ECiJR1TY INTERESTS. With regard to any other mortgage, deed of trust, securiry agreement or
<br />other lien document thax creaied a prior securiry interest or encumbrance on the Ptoperry, Trustor agrees:
<br />A. To make a11 payments when due and to perform or comply with a11 covenants.
<br />B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder.
<br />C. Not to a11ow any modif'ication or emension of, nor to request any future advances under any note or
<br />agreement secured by the lien document without Beneficia.ry's prior written consent.
<br />S. CY.AIM5 AGAIl�ITST T1TLE. Trustor wili pay a11 taxes, assessments, liens, - encumbrances, lease payments,
<br />ground rents, utilities, and other charges relaxing to the Properiy when due. Beneficiary may require Ttvstor
<br />to provide to Beneficia.ry copies of a11 notices that such amounts ate due and the receipts evidencing Trustor's
<br />payment. Trustor will defend titte to the Property against a.ny claims that would impair the lien of this
<br />Securiry Instrument. Trustor agrees to assign to Beneficiary, as requested by Beneficiary, any rights, cla.ims
<br />or defenses Trustor ma.y have against parties who supply labor or materials to ma.inta.in or improve the
<br />Property.
<br />Security InstrumeM-Consumer-NE RE-DT-NE 7/1/2071
<br />VMP�BankersSystemsT� VMP-C185(NE) (1107).00
<br />Wokers Kluwer Financial Services OO 7994, 2011 Page 2 of 6
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