Open-end clauses regarding future advances valid. - Open-end or "dragnet" clauses regarding future advances in deeds to secure debt are valid and enforceable.The important feature is that the mortgage secures frequent and routine future advances to be added to the loan balance. Addition of a future advance clause where none existed in the original mortgage, deed of trust, or deed to secure debt. A future advance is a common clause added to loan agreements that allows the borrower access to additional funds under the same loan agreement. Section 11-9-204 - After acquired property; future advances (a)After acquired collateral. (With Future Advance Clause).