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<br />� THIS INSTRLTMENT PREPARED BY:
<br />—f Home Federal Savings & Loan Associabton of
<br />� Gr�nd 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
<br />Grand Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
<br />(Space Above This 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 March 21, 2012. The gantors are TIMOTHY E
<br />THIENEL and SHERRI L THIENEL, HU5BAND AND WIFE, whose address is 1502 WEST ST, Wood
<br />River, Nebraska 68883 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Equity - Line of Credit ("Contract"). The obligations of Borrowers who did not sign the Contract are explained
<br />further in the section titled Successors and Assigns Bound; Joint and Several Liability; AccommodaHon
<br />Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska
<br />68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand Island, which is
<br />organized and existing under the laws of the United States of America and whose address is 221 South Locust
<br />Street, Grand Island, Nebraska 68801 ("Lender"). TIMOTHY E THIENEL and SHERRI L THIENEL have
<br />entered into a Contract with Lender as of March 21, 2012, under the terms of which Borrower may, from time to
<br />time, obtain advances not to exceed, at any time, a*��MAXIMUM PRINCIPAL (EXCLUDING
<br />PROTECTIVE ADVANCES)�*� of Twenty Thousand and 00/100 Dollars (U.S. $20,000.00) ("Credit L'unit").
<br />Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is
<br />advised to consult directly with Lender. If not paid eazlier, the sums owing under Borrower's Contract with Lender
<br />will be due and payable on April 15, 2017. This Security Instrument secures to Lender: (a) the repayment of the
<br />debt under the Contract, with interest, including future advances, and all renewals, extensions and modifications of
<br />the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security
<br />Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Inshument and the Conlract. For tUis
<br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, State of
<br />Nebraska:
<br />Address: 1502 WEST ST, Wood River, Nebraska 68883
<br />Legal Description: LOT FIVE (S7, THELEN SUBDIVISION, FIItST ADDITION TO WOOD
<br />RIVER, HALL COUNTY, NEBRASKA
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtwes 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 />"Properly."
<br />BORROWER COVENANfS 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 />Bonower and Lender covenant and agree as follows:
<br />Payment of Princlpal 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 in this Security Instntment, the term "Applicable Law" 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.
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<br />� 2004-201 I Complimce Systems, Inc. ADCD-D674 - ZOIOLI.IS.461
<br />Consumer Rwl Eatate - Security Inatrummt DL2036 Pege I of5 www.complienc�vystems.com
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