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201008946 VEMBER 15 201 . Thc Debt Tnstrument statea that Borrower owea Lender, or may owe Lender, an amount that znay vary from ti�nn,e to tune up to a maxinaum principal sum outstanding at any one time of, FIFTY THOUSAND AND 00/100THS Dollars (U.S. $5U 0, 00•QO) plus interest. Borrawer has promised to pay this debt in Periodic Paym�nts and to pay the debt in full not later than seven (7) cale�udar days after Decem�l er 15, 2050. (� "Property" means the property that is described below under t�e heading "Transfer of Rights in the Property." (G) "Lo�tu" means all amounts owed now or hereafter under tlie Debt InsCrument, it�cluding without limit�ttion principal, interest, any prepayment charges, late charges and other fees and charges due under the Debt Instrument, and also all suuns due under this 5ecurity Instrument, plus interest. (I� "Riders" me.ans all Riders to this Security Inswment that are executed by Borrawer. The following R'rders are to be eacecuted by Bonrower [check box as applicable]: /l� A Leasehold Rider T/ Third Party Rider �/ Other(s) [specify] N/A (n "Master Form Deed of Trust" rneans the Master Fnrm Deed of Trust dated Au ust 14 2007, and recorded on �Qptember 19. 2007, as Tnstrument No. 020070$091 in Book n/a at Page n/a in the O#�'i.ce of the Register of Decds of H$l� County, State of Nebraska. TRANSFER OF RIGHTS IN THE PROPERTY This Secw7ity Instrvment secures to Lendcr: (i) the repayxnent of the Loan, and all futu�re advances, renewals, ext�nsions and modi�ications of ths Debt Instrument, including any future advances made at a tune whsn no indebtedness ig curr�ntly secured by this Security Instrument; and (ii) the performance of Borrower's covenants aud agreements ur�der this Security Instrument and th� Debt Xnstrument. Fvr this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power o� sale, the following described property lvcated in the Couu of Hatl [Type of Recording Juriadiction] [Na�ne of Recording Jurisdiction] LQT TWENTY-EIGHT (ZSj IN BLOCK THREE (3) IN' OLDE MILL SUBDNISION, CITY O�' GRAND ISLAND, HALL COU1�iTY, NEBRASKA. which currently has th� address of GRAND ISLAND [City] 2528 STAGECUACH RD [street] Nebraska 68801 [Zip Code] ("Property Address"): TOGE'I�iER WITH a�, the improvements now or hereafter erected an the property, and all easements, appurtenancea, and fixtures now or hereafter a part of the praperty. A11 replacements and additions shall also be covered by this Sevurity Instrument. All af tbe £aregoing is refened to in this Securi�ty �anstrument as the "Property." The Property shall also ivaclude any additional property described in Section 20 of the Master Forrn Deed of Trust. BORROWER COVENANTS that Boxrower is lavvfully seised af the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encum�brances oF reeord as of the execution date of this Security Instrumcnt. Borc�ower warrants and will defend generally the title NEBRA3KA -- SHORT FORM OP�N-END SECURCI'Y YIVSTRUMEN'I' i��M�i�iii�iii��i��i�i��N (page 2 of 4 pages) I)ocuments Procesaed 11-09-2010,15:13:39