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201008730 amount that may vary from time to time up to a maximum principal sum outstandiuig at any one time of, FIFTY- NTNE TH iTSAND NINE HiJNDRED FORTY AND 00/100T S Dollars ([T.S. $59�40•QO) plus interest. Sorrower has promised to pay tl�is debt in Perindic Payments and to pay the debt in full not later than seven (7) calendar days after Decembear 08 2050. � (F) "Propexty" means th� property that is descril�ed below under the heading "Transfer of Rights in the Property." (G) "Loan" means all amounts owed now or h�reafter under the Debt Instrument, including without lirnitatian pri.ncipal, interest, any prepayment charges, late charges and other fees and charges due under the Debt Instrument, and also all sums due under this Security Tnswment, plus interes� (� "R�iders" means all Riders to this Security Tnstrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: /� Leasehpld Rider Pi/ Third Party Rider � Other(s) [sp�crfY� N/A (n "MBSter Form Deed of Trust" means the Master Form Deed o�' Trust dated Au�ust 14, 2007, aud recorded on Se em�ber 19 z007 as Instrument Na. 02�10 ,'�'Q�3091 iu Book n/a at Page Na i�n the Of�'ice of the Register of Deeds of Hall County, State of Nebraska. TRANSFER �F RIGHTS IN THE PROPERTY This Security Tnstrument secures to L�nder: (i) the repayment of the Loan, and all future advances, renewals, extensions and modifications of the Debt Instrument, izicluding any future advances made at a time whean no indebtedness is currently secured by this Security Instrument; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Debt Jnstrument. For this purpase, Bonower irrevacably grants an,d conveys to Trustee, in trust, vvith power of sale, the following described pmperty located in the Coun of Hall [Type of Reaording Jurisdictian] [Name of Recording Jurisdiction] THE FOLLOWING DESCRIBED REAL ESTATE HALL C�UNTY, NEBR,A►SKA: LOT TWENTY TWO (22) MEADOW LANE FOURTH (4TH) SUBDIVISION, HALL COUNTY NEBRASKA. APN:400213850 which cuixently has the address of �912 GOLDENROD DRIVE [Street] GRAND ISLAND , Nebraska 6$$Ol ("Property Address"): �C�h'] [Zip Code� TOGETHER WITH all tha improvcments now or hereafter erected on the property, and all easements, appu�rtenancea, and fixtures now or hereafter a part of the property. All replacements and additions ahall also be covercd by t�is Security Znstrument. All of tb.e foregoing is referred to in this Security Instru,ment as the "Property," The Froperty shall also include any additional property described in Secdon 20 of the Master Form Deed of Trust. BORR,OWER COVENANTS that Borrower is lavvfully seised of the estate hereby conveyed and has khe right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record as of the execution date of tlus S�curity Ins�ent Borrower w�raxits and will defend generally the title NEBYtASKA — SHUBT FORM OP�N-kNp SECC7WTY INSTRUMENf (page l of4 pages) ii�wi�iiii��Miiiiiii��i�ii�i� Documents Processeci 11-08-2010, 09:55:53