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20100050 <br />amount that may vary from time to time up to a maximum principal sum outstanding at any one time of, <br />TWENTY-FIVE THOUSAND AND 00/100TH5 Dollars (U.S. $25 0. 00.001 plus interest. Borrower has <br />promised to pay this debt in Periodic Payments and to pay the debt in full not later than seven (7) calendar days <br />after October 1b,,,.,2049. <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Cosa" 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 <br />Instrument, and also all sums due under this Security Instrument, plus interest. <br />(H) "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 Au ust 14 2007, and <br />recorded 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 PROFERTY <br />This Security Instrument secures to Iwender: (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 <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 />Count of <br />[Type of Recording Jurisdiction] <br />Hall <br />[Name of Recording Jurisdiction] <br />THE FOLLOWING DESCRIBED REAL ESTATE IN HAL COUNTY, NEBRASKA: LOT THREE (3), <br />IN BLOCK ONE (1), OF SECOND ADDITION TO HOLCOMB'S HIGHWAY HOMES SUBDIVISION, <br />A SUBDIVISION OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER <br />(NEl/4NE1/4) OF SECTION TWENTY-EIGHT (28), TOWNSHIP ELEVEN (11), NORTH, RANGE <br />NINE (9), WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA. <br />which currently has the address of 321 HOLCOMB S~'R.~ET <br />[Street] <br />GRAND ISLAND ,Nebraska b8801 ("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 />NEBRASKA -SHORT FARM OPEN-END SECURITY INSTRUMENT (page l of 4 pages) <br />iiiiiiiiiii~iN~iiii~~iieiiiii~ <br />Documents Processed 09-16-2009, 07:0$:50 <br />