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<br />200904763 <br />may vary from time to time up to a maximum principal sum outstanding at any one time of, TWENTY-FIVE <br />THOUSAND AND 00/100THS Dollars (U.S. $2S 000.00 plus interest. Borrower has promised to pay this debt <br />in Periodic Payments and to pay the debt in full not later than seven (7) calendar days after June 29, 2049. <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 paw 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 <br />Instrument, and also all sums due under this Security Instrument, plus interest. <br />(I~ "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />Leasehold Rider <br />Third Party Rider <br />Other(s) [specify] <br />N/A <br />(n "Master Form Deed of Trust" means the Master Form Deed of Trust dated August 14, 2007, and <br />retarded on September 19, 2007, as Instrument No. 0200708091. in Book n/a at Page n/a in the Office of the <br />Register of Deeds of Hall County, State of Nebraska. <br />TRANSFER OF RIGHTS IN THE FROPERTY <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 trade at a time when no <br />indebtedness is currently secured by this Security Instrument; and (ii) the performance of Borrower's covenants <br />and agreements under this Security Instrument and the Debt Instrument. For this purpose, Borrower irrevocably <br />grants and conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County __ of <br />[Type of Recording Jurisdiction] <br />Hall <br />[Name of Recording Jurisdiction] <br />THE FOLLOWING DESCRIBED REAL ESTATE (AS DEFINED IN NEB. REV. STAT. 76-201) IN <br />HALL COUNTY, NEBRASKA: LOT FORTY (40), WESTWOOD PARK SUBDIVISION, HALL <br />COUNTY, NEBRASKA. <br />which currently has the address of 828 DRIFTWOOD CT 828 DRIFTWOOD COURT <br />[Street] <br />GRAND ISLAND ,Nebraska 68803 ("Property Address"): <br />[City] [Zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions <br />shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument <br />as the "Property." The Property shall also include any additional property described in Section 20 of the Master <br />Form. Deed of Trust. <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of <br />record as of the execution date of this Security Instrument. Borrower warrants and will defend generally the title <br />to the Property against all claims and demands, subject to any encumbrances of record. <br />NEBRASKA -SHORT FORM OPEN-END SECURITY INSTRUMENT (page 2 of 4 pages) <br />iiiiii~iiii~iiiiiiii~iiriiiiii~ <br />Documents Processed OS-27-2009, 15:13:58 <br />