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201206264 <br /> JULY 20, 2012. The Debt Insffument states that Borrower owes Lender, or may owe I,endar, an amount that <br /> may vary from time to time up to a ma�cimum principal sum outstanding at any one time of, FII�TY - <br /> THOUSAND AND 00/100THS Dollars (U.S. $50 000.00 plus iffierest.Borrower has promised to pay this debt <br /> in Periodic Payments and to pay the debt in full not later than seven(�calendar days after Auaust 20,2042. <br /> (F7 "Propei'ty" means the property d�at is described below under the heading "Transfer of Rights in the <br /> Property.,, <br /> (G) "Loan" means all amounts owed now or hereafter under the Debt Instrument,Including withouY limitation <br /> principal, inferest, any prepayment chazges, late charges and oWer fees and chazges due under the DebY <br /> Instrument,and also all sums due under this Security Instrnxnent,plus interest <br /> (� "RideYs" means all Riders to this Security Instrument that are execuYed by Borrower. The following <br /> Riders are to be executed by Borrower[chcck box as applicable]: <br /> N/ Leasehold Rider <br /> /A 1'hird Parry Rider <br /> /A Other(s) [specify] N/A <br /> (I) "Mastcr Form Deed of 'frust" means the Master Form Deed of Trust dated Auaust 14. 2007, and <br /> recorded on September 19. 2007, as Instrument No. 020D708091 in Book n/a at Page n/a in the Office of the <br /> Register of Deeds of Hail County, S[ate of Nebraska. <br /> TRANSFER OF RIGHTS IN THE PROPERTY <br /> This Security Instrnment secures to Iznder. (i) the repayment of the Loan, and all future advances, renewals, <br /> extensions and modifications of the Debt Instrument, including any furixre advances made at a time when no <br /> indebtedness is cwrently secured by this Security Inahument; and (ri)the perf'ormance of Borrower's covenants <br /> and agreements under this Security Instrument and the Debt Instnunent. For this purpose,Borrow� 'urevocably <br /> g*rants and conveys to'1'rustee,in trust,with power of sale,the following described properry located in the <br /> County of Hall <br /> [Type of Recording JurisdicGon] [Name of Recording Jurisdiction] <br /> THE ROLLOWINGDESCRIBED REAL ESTATE IN HALL CODNTY,NEBRASKA:LOT 57X(6), <br /> BLOCK FIVE(�BEL AIIZ ADDIT'ION,A1V ADDITION TO THE CITY OF GRAND ISLAND,HALL <br /> COUNTY,NEBRASKA. <br /> which currently has the address of 2415 DEL MONTE AVENiJF, <br /> [StreeY] <br /> GRAND ISLAND ,Nebraska 68803 ("Property Address"): <br /> [City] [Zip Code] <br /> TOGETFIER W17'H all the improvements now or hereafter erected on the property, and all <br /> easements, appurtenances, and fixhues now or hereafter a part of the property. All replacements and additions <br /> shall also be covered by tlus Securiry Instrument. All of the foxegoing is referred to in this Security Inahument <br /> as the"Property."The Property shall also include any additional property described in Section 20 of the Master <br /> Form Decd of Tmst. <br /> BORROWER COVENANI'S that Borrower is lawfully seised of the estate hereby conveyed and has <br /> the right to grant and convey the Properry and that the Property is unencumbered, except for encumbrances of <br /> record as of the execution date of thia Security Instrument. Borrower warrants and will dePend genetally the title <br /> lVEBRASKA—SHORT NORM OPEN-END SECIIRI'CY INSTRUMENT (page 2 of4 pages) <br /> HCgV� JF#�4g814-9165p-7985v2 D2(21/2009 y <br /> ����11�������111���������11������������ ���������� ��N� Doc�menis Prooessed 07-19-2012,]525:37 <br />