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rv <br />© --i <br />m <br />C o <br />~ <br />o <br />O <br />N~ <br />~ <br />~ <br />C.a <br />Q <br />N - <br />66f <br />p <br />rZ <br />r1%3 <br />O <br />F = <br />~ <br />n <br />OD <br /> <br />C <br />CJ1 <br />C0 <br />THIS INSTRUMENT PREPARED BY: <br />AFTER RECORDING RETURN TO: <br />Home Federal Savings & Loan Association of <br />Home Federal Savings & Loan Association of <br />Grand Island <br />Grand Island <br />221 South Locust Street <br />221 South Locust Street <br />GRAND ISLAND, NE 68801 <br />GRAND ISLAND, NE 68801 <br />J <br />-30 <br />(Space Above This Line For Recording Data) <br />DEED OF TRUST <br />THIS DEED OF TRUST ("Security Instrument") is made on March 20, 2012. The grantor is MARY ANN M <br />ELSBERND, A SINGLE PERSON, whose address is 403 N SHERIDAN AVE, GRAND ISLAND, Nebraska <br />68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Note. The <br />obligations of Borrowers who did not sign the Note are explained further in the section titled Successors and <br />Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend IL Baack, <br />Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home <br />Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws of the <br />United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801 <br />("Lender"). MARY ANN M ELSBERND owes Lender the principal sum of Sixteen Thousand Four Hundred <br />Twenty-four and 00/100 Dollars (U.S. $16,424.00), which is evidenced by the note, consumer loan agreement, or <br />similar writing dated the same date as this Security Instrument (the "Note"), which provides for periodic payments <br />("Periodic Payments"), with the full debt, if not paid earlier, due and payable on March 27, 2017. This Security <br />Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, <br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced to protect the <br />security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the <br />Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the <br />Note. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the COUNTY of <br />HALL, State of Nebraska: <br />Address: 403 N SHERIDAN AVE, GRAND ISLAND, Nebraska 68803 <br />Legal Description: LOT FIFTY-FOUR (54), WEST HEIGHTS ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <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 Borrower 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; Prepayment and Late Charges. Borrower shall promptly pay when due the <br />principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the <br />Note. <br />Applicable Law. As used in this Security Instrument, 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. <br />Funds for Taxes and Insurance. At Lender's request and subject to Applicable Law, Borrower shall pay to <br />Lender on the day periodic payments are due under the Note, until the Note is paid in full, a sum ("Funds") for: (a) <br />yearly taxes and assessments which may attain priority over this Security Instrument as a lien on the Property; (b) <br />yearly leasehold payments or ground rents on the Property, if any; (c) yearly hazard or property insurance <br />premiums; (d) yearly flood insurance premiums, if any; (e) yearly mortgage insurance premiums, if any; and (f) <br />any sums payable by Borrower to Lender, in accordance with the provisions of the paragraph titled Mortgage <br />Insurance, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items." <br />v 2004-2011 Compliance Systems. Inc. ADCD-395C - 20I OLI.15.461 <br />Consumer Real Estate - Security Instrument DL2036 Page I of 6 www.compliancesystems.com <br />