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<br />THIS INSTRUMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
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<br />AFTER RECORDING RETURN TO: �
<br />Home Federal Savings & Loan Association of 3 � ��
<br />Grand Island
<br />221 5outh Locust Street
<br />GRAND ISLAND, NE 68801
<br />(Space Abave'fhis Line For Recording Data)
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />THIS DEED OF TRUST ("Security Instrument") is made on December 22, 2011. The grantor is SHEILA R
<br />HULME, A SINGLE PERSON, whose address is 1521 W KOENIG ST, GRAND ISLAND, Nebraslca 68801
<br />("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Equity - Line of Credit
<br />("Contract"). The obligations of Borrowers who did not sign the Contract are explained fiuu�thher in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend
<br />R Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary
<br />is Home Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws
<br />of the United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). SHEILA R HULME has entered into a Contract with I,ender as of December 22, 2011, under the
<br />terms of which Bonower may, from time to time, obtain advances not to exceed, at any time, a***MAXIMUM
<br />PRINCIPAL AMOiJNT (EXCLUDING PROTECTIVE ADVANCES)*�* of Sizty Thousand and 00/100
<br />Dollars (U.S. $60,000.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing
<br />obligation to make advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums
<br />owing under Borrower's Contract with Lender will be due and payable on January 15, 2017. This Security
<br />Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future
<br />advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with
<br />interest, advanced to protect the security of this Security Instrument under the provisions of the section titled
<br />Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the
<br />trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 624 YUND ST / 208 S CHERRY ST, 512 W LOUISE ST AND 326 S SYCAMORE 5T,
<br />GRAND ISLAND, Nebraska 68801
<br />Legal Description: SEE ATTACBED EXHIBIT "A" FOR LEGAL DESCRIPTIONS
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the
<br />"Property."
<br />BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />any encumbrances of record.
<br />Borrower and Lender covenant and agree as follows:
<br />Payment of Principal and Interest; Other Charges. Bonower shall promptly pay when due the principal of and
<br />interest on the debt owed under the Contract and late charges or any other fees and charges due under the Contract.
<br />Applicable Law. As used xn this Security Instrument, the term "Applicable I,aw" shall mean all controlling
<br />applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have
<br />the effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines and 'unpositions attributable to the
<br />Property which may attain priority over this Security Instrument, and leasehold payments or ground rents, if any.
<br />At the request of Lender, Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br />� 2004-2011 Compliance Systems Inc. ADCD-4B23 - 20IOL1.15.461
<br />Consumer Real Estate - Security [aatrumeot DL2036 Page I of 5 www.compliancesystems.com
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