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200610071 9902200463 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purposc, 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: THE NORTHERLY EIGHTY-TWO AND NINE TENTHS FEET (82.9') OF LOT ONE (1) IN BLOCK FOUR (4) WINDOLPH'S ADDITION TO TtlE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. Tax Parcel No. which has the address of 1203 W LOUISE S'I' GRAND ISLAND [City] , Nebraska [State] [Street] 68801 (herein "Property Address"); [Zip Code] TOGETHER WITH all the improvements 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 shall also be covered by this Security lnstmment. All of the foregoing, is referred to in this Security Instrument as the "Property." 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 dcfend generally the title to the Property against all claims and demands, subject to encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Nebraska Subordinate Deed of Trust FAND# NESSI-2 Rev. 08-18-03 Page 2