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201200391 that may vary from time to time up to a tna�cimum principal sum oufstanding at any one time of, FIFTY TAOUSAT�'D AN�'00/lOUTHS Dollars(U.S. $50 000.00 plus interest. Borrower has promised to pay this debt in Periodic Payments and[o pay the debt in full not later than seven(7)calendar days after Februarc 03.2052. (F) "Property" means the property that is described helow under the heading "Iransfer of R3ghts in the Property." (G) "Loan"means all amounts ov✓ed uow ox hereafter under the Debt Instiument, inchiding wifhout limitation principal, interest; any prepayxnent charges, late charges and other fees and charges due under the Debt Instrument, and also all sums due under this Security Instniment,plus intesest. (F� "Ridera" means all Riders to this Secuiity Instrument that are executed by Bonower. The following Ridcrs are to be executed by Borrower[check box as applicable]: /A Leasehold Rider !A "I'hird Party Rider N/ O[her(s) [specify] � N/A (n "Master Form Deed of Trust" means the Nlaster Form Deed of Trust dated August 14, 2007, and recorded on September 19, 2007, as Instrument No. 0200708091 in Book n/a at Page n/a in the Office of the Regieter of Deeds of Hall County, Stale of Nebraska. TRANSFER OF RIUHTS iN TAE PROPERTY This Security Instrument secures to Lender: (i)the repayment of the Loan, and all future advances, renewals, extensions and modifications of the Debt Insh-ument, including any fu[urz advanccs made at a time when no indebtedness is ciurenfly secured by true Security Inshument; and(ii) the performance of Borrower's covenants and a�eements under this Secm-ity Instrument aud the Debt InsuumenL For this purpose,Borrower irrevocably �Rants and conveys to Tmstee,in trust,with power of sale,the following described property located in the Connty of HaII [Type of Recording 7urisdictionj [Name of Recording Jurisdiction] T'I�FOLLOWING DES('RIBED REAL ESTATE LOCATED IN HALL COIIN'I`Y, NEBRASKA:SUl'CE TWO(2),FAIItWAY ESTATES CONDOMIN[UM PROPERTY R�GIME I. which currendy has the address of 555 STAGECOACH ROAD UNiT#2 [Street] GRAND ISLrL\TD ,Nebraska 65801 ("Property Address"): [City] [Zip Code] TOGETHER uTITH all the improvements now or hereafter erected on the propercy, and all easements, appurtenances, and fixtures now ox hereafrer a paz[of the property. All rcplacements and additions shall also be covered by 8us Security Instrument. All of the foregoing is referred to in this Security Instnunent as the"Property."The Property sha11 also include any additional property described in Section 20 of the Master Porm Deed of Tmst. BORROW�R COVENANTS that Bonower is lawfully seised of the estate hereby com eyed and has the right to grant and convey the Property and that the Properry is unencumbercd, except for encumbrances of record as of the cxecution date of this Security Instrument. Boaower wu-rants and will def'end generally the title to the Property against all claims and demands,subject to any encumbrances of recoxd. NEBRASKA—SHORT FORM OPEN-END SECURITY IN57'RUM11 F.NT (p¢Re 1 of4 pages) HyCWpF#4p814-9165p�m79p85pv2p 02YZp1/2p009)p . ��1��8��I��I��Itlllli�ll��lE��IB��I�V��II��I��II�� Doc�nems Processed O1-03-2012,07:00:06