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201200868 JANLJARY 20. 2012. The Debt Instrument states that Bonower owes Lender, or may owe Lender, an amount that may vary from time to time up to a ma�mum principal sum ou[standing at any one time of, TR'ENTY- TIVE THOUSAND AND 00/100TH5 Dollars (U.S. $25 000.00 plus interest. Borrower has promiced to pay this debt in Periodic Payments and to pay the debt in full not later than seven ('n calendar days after Februarv 20,2052. (F) "Property" means the properry that is described below under the heading "Transfer of Rights in the Property." (G) "Loan"means all amounts owed now or hereafter under the Debt Insuument,including without limitation principal, interest, any prepayment charges, late charges and other fees and chazges due under the Debt Instrument, and also all sums due under This Security Instrument,plus interest (I� "Riders" means all Riders to this Security Inshument that aze executed by Borrower. The following Riders are to be executed by Borrower[check box as applicable]: N/A Leasehold Rider � Third Party Rider /A Other(s) [specify] N/A (n "Master Form Deed of Trust" means the Master Form Deed of Trust dated Aueust 14, 2007, and recorded on September 19. 2007, as Instnxment No. 0200708091 in Book n/a at Page n/a in the Office of the . Register of Deeds of Hall County, State of Nebraska. TRANSPER OF RIGHTS IN THE PROPERTY Tlus Security Iustrument secares to Lend�r: (i)the iepayment of the Loan, and all future advances,renewals, extensions and modifications of the Debt Instrument, i�cluding any future advances made at a time when no indebtedness is currently secured by this Securiry Instrument; and(ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Debt Instrttuient. For ttris purpose,Borrower irrevocably grants and conveys to Trustee,in trust,with power of salc,the following described property located in the County of Hall [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] THE FOLI,OWING DESCRLBED REAL PROPERTY IN HALL COUNTY,NEBRASKA;LOTS 1,2 AND 3,BLOCK 2,POWELLS ADDI'fION TO THE VILLAGE OF ALDA,IIALL COUNTY, NEBRASKA.#400-174-723 which currently has the address of 313 EAST 3RD STREET [Street] ALDA ,Nebraska 68810 ("Property Address"): [City] [Zip Code] TOGETHER WITH all the unprovements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions ehall alao be covered by this Security Instruvient. All of the foregoing is referred to in this Security Instiument as the`Troperty." The Property shall also include any addirional property described in Section 20 of the Master Form Deed of Tmst. BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Properry and that the Property is unencumbered, except for encumbrances of NEBRASKA—SHORT FOR11 OPEN-L1ND SECURI7'Y iNSTRUMENT (poge 2 of 4 pagesJ H�pCWFIt 4p814�p-9p16p5��-79ryR5✓92� (0�2/2p12q��009pg ��II��IH��INII��I��II��N��I��II��II�IIIi��II�N� Doc�ents Processed O1-20-2012,0&3327