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may vary from time to time up to a maximum principal sum outstanding at any one time of, TEN THOUSAND <br />AND 00 /100THS Dollars (U.S. $10,000.00) plus interest. Borrower has promised to pay this debt in Periodic <br />Payments and to pay the debt in full not later than seven (7) calendar days after May 12, 2036. <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 <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 />N/A Leasehold Rider <br />N/A Third Party Rider <br />N/A Other(s) [specify] <br />N/A <br />(I) "Master Form Deed of Trust" means the Master Form Deed of Trust dated August 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 PROPERTY <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 <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 />of Hall <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />THE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUNTY, NEBRASKA: <br />NORTHERLY EIGHTY TWO (82) FEET OF LOT FOUR (4) AND THE NORTHERLY EIGHTY TWO <br />(82) FEET OF THE WESTERLY FIVE (5) FEET OF LOT THREE (3) ALL IN FRACTIONAL BLOCK <br />FIVE (5), IN WALLICH'S ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA. SUBJECT <br />TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS, OIL, GAS OR MINERAL <br />RIGHTS OF RECORD, IF ANY. <br />which currently has the address of <br />GRAND ISLAND <br />Nebraska <br />1215 WEST 9TH STREET <br />[Street] <br />68801 ( "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 FORM OPEN -END SECURITY INSTRUMENT (page 2 of 4 pages) <br />iHiFww�Miini6wi�i85i 02/21/20091 1 <br />Documents Processed 04 -11 -2011, 12:37:15 <br />