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� <br />�� <br />� <br />�� <br />N � <br />0 � <br />� �� <br />N �� <br />0 = <br />� - <br />0 <br />— <br />�� <br />� <br />� <br />�� <br />� <br />AFTER RECORDING RETURN TO: <br />Home Federal Savings & Loan Association of / <br />Grand Island / C� � <br />221 South Locust Street �� ' <br />GRAND ISLAND, NE 68801 <br />(Space Above Tlus Line For Reconding Data) <br />DEED OF TRU�T <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 September 10, 2012. The grantors are SAM <br />ORTEGA and JANICE M ORTEGA, HUSBAND AND WIFE, whose address is 208 N CHEROKEE AVE, <br />GRAND ISLAND, Nebraska 68803-3803 ("Borrower"). Bonower is not necessarily the same as the Person or <br />Persons who sign the Equity - Line of Credit ("Contract"). The obligations of Bonowers who did not sign the <br />Contract are explained further in the section titled Successors and Assigns Bound; Joint and Several Liability; <br />Accommodation Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Boz 790, Grand <br />Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand <br />Island, which is organized and existing under the laws of the United States of America and whose address is 22l <br />South Locust Street, Grand Island, Nebraska 68801 ("Lender"). SAM ORTEGA and JANICE M ORTEGA <br />have entered into a Contract with Lender as of September 10, 2012, under the terms of which Borrower may, from <br />time to time, obtain advances not to exceed, at any time, a*'�*MAXIMUM PRINCIPAL AMOUNT <br />(EXCLUDING PROTECTIVE ADVANCES)*** of Ten Thousand and 00/100 Dollars (U.S. $10,000.00) <br />("Credit Limit"). Any parly interested in the details related to Lender's continuing obligation to make advances to <br />Bonower is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract <br />with Lender will be due on September 15, 2017. Tlus Security Instrument secures to Lender: (a) the repayment of <br />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 urider this Security Instrument and the Contract. <br />For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably gants 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: 208 N CHEROKEE AVE, GRAND ISLAI�ID, Nebraska 68803-3803 <br />Legal Description: LOT TWO (2) BLOCK FOUR (4) DALE ROUSH SECOND SUBDIVISION, <br />CITY OF GRAND ISLAND, HAI.L 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 Bonower 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 />Bonower 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. Bortower 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 />� <br />� <br />� <br />��� <br />� � 0e <br />�� I <br />i I <br />�� i � , <br />' i � <br />�� <br />� � <br />� <br />a <br />� �� <br />�. <br />s� <br />D <br />r <br />r • <br />� ���.L. <br />C� i , <br />� ��, <br />m <br />c, r �- .- <br />cn � <br />�� i <br />.� <br />c� ('� <br />.� <br />� � - <br />� � <br />rz � <br />c� <br />� <br />;._ <br />� <br />r r � <br />_;i <br />a--.+ <br />�=0 <br />� <br />� <br />� <br />P—; <br />i� <br />� � <br />o --i <br />c n <br />z --� <br />� rn <br />� O <br />o - n <br />- n � <br />z rT� <br />D C�o <br />r � <br />r n <br />G7 <br />� � <br />� <br />� <br />N <br />O <br />F--s <br />N <br />� <br />� <br />� <br />O� <br />O <br />�.:, <br />.;i <br />1 <br />.� <br />�. <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 />� 2004-2011 Complimce Systems, Inc. 9BAD-9007 - 201 IL2.0.485 <br />Consumer Real Estate - Security Instrum�t DL2036 Pege 1 of 5 www.compliancesystems.com <br />