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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 I5LAND, NE 68801
<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
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<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />THIS DEED OF TRUST ("Security Inshument") is made on June 25, 2012. The grantors are LEONARD
<br />MCCARTY JR and EUNICE J MCCARTY, HUSBAND AND WIFE, whose address is 4067 W CAPITA.L
<br />AVE, GRAND ISLAND, Nebraska 68803-1117 ("Borrower"). Borrower is not necessarily the same as the Person
<br />or Persons who sign the Equity - Line of Credit ("Contract"). The obligations of Borrowers who did not sign the
<br />Contract are explained further in the section titled Successors and Assigns Bound; 3oint and Several Liability;
<br />Accommodation Signers. The trustee is Arend R Baack, Attorney whose address is P.O. Bog 790, Grand
<br />Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Assoclation of Grand
<br />Island, which is organized and existing under the laws of the United 5tates of America and whose address is 221
<br />South Locust Street, Grand Island, Nebraska 68801 ("Lender"). LEONARD MCC,ARTY JR and EUNICE J
<br />MCCARTY have entered into a Contract with Lender as of June Z5, 2012, under the terms of which Borrower
<br />may, from time to time, obtain advances not to exceed, at any time, a*�*MAXIlVIL7M PRINCIPAL AMOUNT
<br />(EXCLUDING PROTECTIVE ADVANCES)�** of Forty-two Thousand Seventy-four and 50/100 Dollars
<br />(U.S. $42,074.50) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to
<br />make advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under
<br />Borrower's Contract with Lender will be due on July 15, 2017. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt under the Contract, with interest, including future advances, and all renewals, extensions and
<br />modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of
<br />this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property;
<br />and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Cvntract.
<br />For this purpose, Bonower, 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 properly located in the COUNTY of
<br />HALL, State of Nebraska:
<br />Address: 4067 W CAPITAL AVE, GRAND ISLAND, Nebraslca 68803-1117
<br />Legal Description: LOT FOURTEEN (14), SUNSET SUBDIVISION, IN THE CITY OF GRAND
<br />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 referted 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 wanants 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 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 fmal, non-appealable judicial opinions.
<br />� 2004-2011 Compli¢nce Sys[ems, Inc. 9BAD-E922 - 2011L2.0.485
<br />Corewner Real Estake - Security Iretcumem DL2036 Page 1 of 5 www.complianeasystems.com
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