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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
<br />Grand Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
<br />(Space Above This Line For R�oidiug Data)
<br />NMLS COMPANY IDENTIFIER: 446443
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<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUS1�
<br />THIS DEED OF TRUST ("Security Instrument") is made on May 17, 2012. The grantor is KEITH L STEWART,
<br />A SINGLE PERSON, whose address is 2905 HANCOCK PL, GRAND ISLAND, Nebraslca 68803-3401
<br />("Bonower"). 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; Accommodation 5igners. The trustee is Arend
<br />R Baack, Attorney whose address is P.O. Boz 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary
<br />is Home Federal Savings & Loan Associahon of Grand Island, which is organized and exisfing under the laws
<br />of the United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). KETTH L STEWART has entered into a Contract with Lender as of May 17, 2012, under the terms
<br />of which Bonower may, from time to time, obtain advances not to exceed, at any time, a***MAXI1VIiTM
<br />PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)**'� of Twenty-five Thousand and
<br />00/100 Dollars (iT.S. $25,000.00) ("Credit Limit"). Any party interested in the details related to I.ender's
<br />continuing obligation to make advances to Bonower is advised to consult directly with Lender. If not paid earlier,
<br />the sums owing under Bonower's Contract with Lender will be due on June 15, 2017. This Security Instrument
<br />secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and
<br />all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with interest,
<br />advanced to protect the security of this Security Instrument under the provisions of the section titled Protection of
<br />Lender's Rights in the Property; and (c) the performance of Bonower's covenants and agreements under this
<br />Security Instrument and the Contract. For this purpose, Bonower, in consideration of the debt and the trust herein
<br />created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following descnbed property
<br />located in the COUNTY of HALL, State of Nebraska:
<br />Address: 2905 HANCOCK PL, GRAND ISLAND, Nebraska 68803-3401
<br />Legal Description: LOT TWO (2), BLOCK THREE (3), COLONIAL ESTATES 5UBDIVISION, IN
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRA5KA.
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and a11 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 Instrumen� 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 tt►e Properly and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Properly 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 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 (tUat have
<br />the effect of law) as well as all applicable final, non appealable judicial opinions.
<br />� 2004-2011 Compliaace Syetema, Inc. 9BAD-1F9E - 2011I.2.0.485
<br />Consumes Real Estate - Secucity Ivstn�eot DL2036 Page 1 of 5 �•�P��YB�ema•wm
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