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202204941 (3) The performance of Borrower's covenants and agreements under this Security Instrument and under the Credit Agreement. BORROWER irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall State of Nebraska: A tract of land comprising of a part of the Northeast Quarter of the Southeast Quarter of Section Ten (10), Township Nine (9) North, Range Twelve (12) West of the 6th P.M., Hall County, Nebraska, more particularly described as follows: Beginning at a point on the East line of said Section 10, said point being 215.00 feet South of the Northeast corner of said Southeast Quarter, thence southerly along the East line of said Southeast Quarter a distance of 454.0 feet; thence deflecting right 90° 28', and running westerly, a distance of 504.0 feet; thence northerly parallel to the East line of said Southeast Quarter, a distance of 669.0 feet, to the North line of said Southeast Quarter; thence easterly along the North line of said Southeast Quarter, a distance of 297.75 feet; thence southerly parallel to the East line of said Southeast Quarter, a distance of 215.0 feet; thence easterly parallel to the North line of said Southeast Quarter, a distance of 206.25 feet to the place of beginning. which has the address of 11580 S. Cameron Road Wood River (City) 68883 (herein "Property Address"); (Street) , Nebraska (Zip Code) TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and fixtures, all of which shall be deemed to be and remain a part of the property covered by this Security Instrument; and all of the foregoing, together with said property (or the leasehold estate if this Security Instrument is on a leasehold) are hereinafter referred to as the "Property". Complete if applicable: This Property is part of a condominium project known as: This Property includes Borrower's unit and all Borrower's rights in the common elements of the condominium project. This Property is in a Planned Unit Development known as: Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to encumbrances of record. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Finance Charges and Other Charges. Borrower shall promptly pay when due all amounts borrowed under the Credit Agreement, all finance charges and applicable other charges and collection costs as provided in the Credit Agreement. Page 2 of 7 ENE999•E (NE)