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<br />THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO:
<br />Home Federal SavLigs & Loan Association of Home Federal Savings & Loan Association of
<br />Grand Island Grand Island
<br />221 South Locust Street 221 South Locust Streef ,( o
<br />GRAND ISLAND, NE 68801 GRAND ISLAND, NE 68801 J
<br />i
<br />�
<br />(Space Above Tlus Line For Recording Data)
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCE5 ARE SECURED
<br />BY TI3IS DEED OF TRUST)
<br />THIS DEED OF TRU5T ("Security Instrument") is made on August 14, 2012. The grantors are MARK J
<br />ALLEN, whose address is 3114 BRENTWOOD BLVD, GRAND ISLAND, Nebraska 68801 , and JORDAN
<br />L ALLEN, HUSBAND AND WIFE, whose address is 3114 BRENTWOOD BLVD, GRAND ISLAND,
<br />Nebraska 68801-7251 ("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 Coniract aze explained
<br />fiurther in the secrion titled Successors and Assigns Bound; Joint and Several Liability; Accommodation
<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 5tates of America and whose address is 221 South Locust
<br />Street, Grand Island, Nebraska 68801 ("Lender"). MARK J ALLEN and JORDAN L ALLEN have entered
<br />into a Contract with Lender as of August 14, 2012, under the terms of which Borrower may; from time to time,
<br />obtain advances not to exceed, at any time, a�*�MAXIMiJM PRINCIPAL AMOiTNT (EXCLUDING
<br />PROTECTIVE ADYANCES)��* of Forty Thousand and 00/100 Dollars (U.S. $40,000.00) ("Credit Limit").
<br />Any party interested in the details related to Lender's continuing obligation to maice advances to Borrower is
<br />advised to consult directly with Lender. If not paid earlier, the sums owing under Bonower's Conlract with Lender
<br />will be due on August 15, 2017. This Security Instrument secures to Lender: (a) the repayment of the debt under
<br />the Contract, with interest, including future advances, and all renewals, extensions and modifications of the
<br />Contract; (b) the payment of all other sums, with interest, advanced to protect the security of ttris Security
<br />Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the
<br />performance of Bonower's eovenants and agreements under this Security Instrument and the Contract. For tlus
<br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants a.nd conveys to
<br />Trustee, in ttust, with power of sale, the following described properiy located in the COUNTY of HALL, State of
<br />Nebraska:
<br />Address: 3114 BRENTWOOD BLVD, GRAND ISLAND, Nebraska 68801
<br />Legal Description: LOT THIRTEEN (13), BLOCK ONE (1), BRENTWOOD SECOND
<br />SUBDNISION IN THE 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 properly. All replacements and additions sha11 also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security.Instcument 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 Properly 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 L,ender 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 5ecurity Instnunent, 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 a11 applicable final, non-appealable judicial opinions.
<br />� 2004-20I 1 Complimce Systems, Inc. 9BAD-3707 - 2011 L2.0.485 ,
<br />Consuma Real Estete - Security Iastrumeot DL2036 Page 1 of 5 w�v�v.complimcesystems.com
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