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THIS INSTRUMENT PREPARED BY: Home Federal Savings & Loan Association of Grand Island 221 South Locust Street GRAND ISLAND, NE 68801 NMLS COMPANY IDENTIFIER: 446443 a 2 (Space Above This Line For Recording Data) / N AFTER RECORDING RETURN TO: Home Federal Savings & Loan Association of Grand Island 221 South Locust Street GRAND ISLAND, NE 68801 v) r ' DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument ") is made on December 12, 2012. The grantors are DOUGLAS M WESTERBY and MIKAELA N WESTERBY, husband and wife, whose address is 3620 CATFISH AVE, GRAND ISLAND, Nebraska 68801 -1820 ( "Borrower "). Borrower is not necessarily the same as the Person or Persons who sign the Note. The obligations of Borrowers who did not sign the Note are explained further in the section titled Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ( "Trustee "). The beneficiary is Home Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws of the United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ( "Lender "). DOUGLAS M WESTERBY and MIKAELA N WESTERBY owe Lender the principal sum of Ten Thousand Four Hundred Thirty -two and 76/100 Dollars (U.S. $10,432.76), which is evidenced by the note, consumer loan agreement, or similar writing dated the same date as this Security Instrument (the "Note "), which provides for monthly payments ( "Periodic Payments "), with the full debt, if not paid earlier, due on December 24, 2017. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, State of Nebraska: Address: 3620 CATFISH AVE, GRAND ISLAND, Nebraska 68801 -1820 Legal Description: LOT FOURTEEN (14) RAINBOW LAKE SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. Secured Indebtedness. The debt evidenced by the Note and which is secured by this Security Instrument is subject to the provisions of 12 CFR 226.32. Borrower acknowledges that Borrower has received the disclosures prescribed by 12 CFR 226.32 at least three business days prior to the execution of the Note and this Security Instrument, or as otherwise required by 12 CFR 226.31. Borrower and Lender further acknowledge and agree that this Security Instrument will secure additional debt subject to 12 CFR 226.32 only if Lender satisfies the necessary requirements imposed on such debt imposed by 12 CFR 226.32 and Applicable Law. Borrower and Lender covenant and agree as follows: Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. ®2004 -2012 Compliance Systems, Inc. EECO-210D - 201IL2.6.544 Consumer Real Estate - Security Instrument DL2036 Page 1 of 6 www.compliancesystems.com s n 30 '