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� <br />�� <br />�� <br />N � <br />0 <br />� <br />� �� <br />N �� <br />0 �� <br />W <br />rn � <br />W �� <br />� — <br />� <br />� <br />� <br />t�'a <br />� <br />C <br />� � �• <br />� � <br />� � <br />�� i <br />�:, _� <br />� � <br />Iv �' <br />' i <br />� <br />_� <br />m <br />r <br />r �, <br />� � <br />0 <br />.Y� P4 �. <br />r� P^ . <br />c,7 �- <br />rn <br />� <br />� � <br />c� � -, <br />r� <br />r� r <br />a �_.�, <br />cn <br />r .� <br />� � � <br />C?* —� <br />—� C D� <br />� Z —1 <br />� � rn <br />`� T o <br />� � 'I <br />T <br />� <br />� <br />t--+ <br />C':) <br />� <br />C�O <br />2 <br />.= m <br />D �n <br />r � <br />r n <br />cn <br />� <br />A <br />cn� <br />� <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 <br />AFTER RECORDINC RETURN TO: <br />Home Federal Suvings & Loan Association of <br />Grand Island <br />221 South Locust Street <br />GRAND 1SLAND, NE 68801 <br />(Space Above This Line For Recording Data) <br />NMLS COMPANY IDENTIFIER: 446443 <br />DEED OF TRUST <br />N <br />0 <br />F— <br />TV <br />O <br />� <br />� <br />W <br />C!� <br />� �( U <br />� N <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 April 30, 2012. The grantor is KATHRYN M <br />HEADLEE, A SINGL� PERSON, whose address is 115 E 13TH ST, GRAND ISLAND, Nebraska 68801-3833 <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 further in the section titled <br />Successors and Assigns Bound; Joint and Several Liability; Accommodatiou 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"). KATHRYN M HEADLEE has entered into a Contract with Lender as of April 30, 2012, under the <br />terms of which Botrower may, from time to time, obtain advances not to exceed, at any time, a�'�*MAXIMUM <br />PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)'��� of Two Thousand Five <br />Hundred and 00/100 Dollars (U.S. $2,500.00) ("Credit Limit"). Any party interested in the details related to <br />Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not <br />paid earlier, the sums owing under Borrower's Contract with Lender will be due on May 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 tlus 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: 115 E 13TH ST, GRAND ISLAND, Nebraska 68801-3833 <br />Legal Description: LOT TWO (2) IN WHEELER & BENNETT'S SECOND ADDITION, IN THE <br />CITY OF 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; Other Charges. Borrower 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 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 />u <br />i <br />� <br />�a <br />Y � <br />� <br />� <br />C� 2004-2011 Compliance Systems, Inc. 96AD-OE46 - 201 I L2.0.485 <br />Consuma Real Estate - Security Instrument DL2036 Page 1 of 5 www.compliencesystems.com <br />