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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
<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of S b
<br />Grand Isla.nd
<br />221 South Locust Street •� D'
<br />GRAND ISLAND, NE 68801 �
<br />(Space Above This Line For Recorcling Data)
<br />NMLS COMPANY IDENTIFIER: 446443
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on September 25, 2012. The grantors are L D DUBBS
<br />and JACEEL K DUBBS, HUSBAND AND WIFE, whose address is 647 MEMORIAL DR, GRAND ISLAND,
<br />Nebraska 68801 ("Borrower"). Bonower is not necessarily the same as the Person or Persons who sign the Note.
<br />The obligations of Borrowers who did not sign the Note are explained further in the section titled Successors and
<br />Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend R. Baack,
<br />Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home
<br />Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws of the
<br />United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). L D DUBBS and JACEEL K DUBBS owe Lender the principal sum of Forty-nine Thonsand
<br />Ninety-three and 50/100 Dollars (U.S. $49,093.50), which is evidenced by the note, consumer loan agreement, or
<br />similar writing dated the same date as this Security Instnzment (the "Note"), which provides for periodic payments
<br />("Periodic Paytnents"), with the full debt, if not paid earlier, due on September 25, 2022. T'his 5ecurity Instrument
<br />secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions
<br />and modifications of the Note; (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 5ecurity Instxument and the Note. For
<br />this purpose, Borrower, in cansideration of the debt and the trust herein created, inevocably grants and conveys to
<br />Tntstee, in trust, with power of sale, the following described properiy located in the COUNTY of HALL, State of
<br />Nebraska:
<br />Address: 643 MEMORIAL DR, GRAND I5LAND, Nebraska 68801
<br />Legal Description: LOT THREE (3) BLOCK TWO (2) IN MEVE5 FIRST SUBDIVISION IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRA.SKA
<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 />"Properly."
<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 unenc�tmbered, 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 />Bonower and Lender covenant and agree as follows:
<br />Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due the
<br />principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the
<br />Note.
<br />Applicable Law. As used in this Security Instrument, the term "Applicable I.aw" 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 judiciaT opinions.
<br />Funds for Tages and Insurance. At I.ender's request and subject to Applicable Law, Borrower shall pay to
<br />L.ender on the day periodic payments are due under the Note, until the Note is paid in full, a sum ("Funds") for: (a)
<br />yearly talces and assessments which may attain priority over this Security Instrument as a lien on the Property; (b)
<br />yeazly leasehold payments or ground rents on the Property, if any; (c) yeazly hazard or property insurance
<br />premiums; (d) yearly flood insurance premiums, if any; (e) yearly mortgage insurance premiums, if any; and ( fl
<br />� 2004-201 I CompGevice Systems, Inc. 9BAD-348B - 201 I L2.0.485
<br />Consumer Ree{ Estate - Serurity Ivstrument DL2036 Page 1 of 6 m�nv.comp6ancesystems.com
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