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<br />.. <br /> <br />~ <br /> <br />200809286 <br /> <br />that may vary from time to time up to a maximum principal sum outstanding at anyone time of, TWELVE <br />THOUSAND FIVE HUNDRED AND OO/lOOTHS Dollars (U.S. $12.500.00) plus interest. Borrower has promised <br />to pay this debt in Periodic Payments and to pay the debt in full not later than seven (7) calendar days after <br />October 19,2033. <br />(F) "Property" means the property that 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 without limitation <br />principal, interest, any prepayment charges, late charges and other fees and charges due under the Debt Instrument, <br />and also all sum; due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders <br />are to be executed by Borrower [check box as applicable]: <br /> <br />~ Leasehold Rider <br />~ Third Party Rider <br /> <br />~ Other(s) [specify] <br /> <br />N/A <br /> <br />(I) "Master Form Deed of Trust" means the Master Form Deed of Trust dated AUlZust 14. 2007, and recorded <br />on September 19. 2007, as Instrument No. 0200708091 in Book n/a at Page n/a in the Office of the Register of <br />Deeds of Hall County, State of Nebraska. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all future advances, renewals, <br />extensions and modifications of the Debt Instrument, including any future advances made at a time when no <br />indebtedness is currently secured by this Security Instrument; and (ii) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Debt Instrument. For this purpose, Borrower irrevocably grants <br />and conveys to Trustee, in trust, with power of sale, the following described property located in the <br /> <br />County <br />[Type of Recording Jurisdiction] <br /> <br />of Hall <br />[Name of Recording Jurisdiction] <br /> <br />SEE ATTACHED EXHIBIT <br /> <br />which currently has the address of <br /> <br />GRAND ISLAND <br />[City] <br /> <br />4223 PENNSYLVANIA AVE <br />[Street] <br />, Nebraska 68803 ("Property Address"): <br />[Zip Code] <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All ofthe foregoing is referred to in this Security Instrument as the "Property." <br />The Property shall also include any additional property described in Section 20 of the Master Form Deed of Trust. <br /> <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the <br />right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record as <br />of the execution date of this Security Instrument. Borrower warrants and will defend generally the title to the <br />Property against all claims and demands, subject to any encumbrances ofrecord. <br /> <br />NEBRASKA - SHORT FORM OPEN-END SECURITY INSTRUMENT <br /> <br />Ilii'iiimlllllliillllllllillll <br /> <br />(page 2 of 4 pages) <br /> <br />Documents Processed 09-17-2008, 10:53:38 <br /> <br />~,. <br />