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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 <br />Grand Island <br />221 South Locust Street <br />GRAND ISLAND, NE 68801 <br />C, <br />cn <br />(Space Above This Line For Recording Data) <br />DEED OF TRUST <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 June 24, 2013. The grantor is GLENDA J <br />LEININGER, A SINGLE PERSON, whose address is 102 SOUTH STREET, Doniphan, Nebraska 68832- <br />0008 ( "Borrower "). Borrower is not necessarily the same as the Person or Persons who sign the Home Equity <br />Line of Credit Agreement, dated June 24, 2013 ( "Contract "). The obligations of Borrowers 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. Box 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 221 <br />South Locust Street, Grand Island, Nebraska 68801 ( "Lender "). GLENDA J LEININGER has entered into a <br />Contract with Lender as of June 24, 2013, . under the terms of which Borrower may, from time to time, obtain <br />advances not to exceed, at any time, a ** *MAXIMUM PRINCIPAL AMOUNT (EXCLUDING <br />PROTECTIVE ADVANCES) * ** of Thirty Thousand and 00 /100 Dollars (U.S. $30,000.00) ( "Credit Limit "). <br />Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is <br />advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender <br />will be due on July 15, 2018. This Security Instrument secures to Lender: (a) the repayment of the debt under the <br />Contract, with interest, including future advances, and all renewals, extensions and modifications of the Contract; <br />(b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument under <br />the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance of <br />Borrower's covenants and agreements under this Security Instrument and the Contract. For this purpose, Borrower, <br />in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with <br />power of sale, the following described property located in the COUNTY of HALL, State of Nebraska: <br />Address: 102 SOUTH STREET, Doniphan, Nebraska 68832 -0008 <br />Legal Description: SEE "EXHIBIT A" ATTACHED <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 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 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. 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 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 />Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines and impositions attributable to the <br />Property which may attain priority over this Security Instrument, and leasehold payments or ground rents, if any. <br />At the request of Lender, Borrower shall promptly furnish to Lender receipts evidencing the payments. <br />0 2004 -2012 Compliance Systems, Inc. CECA -8871 - 2011L2.10.600 <br />Consumer Real Estate - Security Instrument DL2036 Page 1 of 5 www.compliancesystems.com <br />O <br />W c <br />e� <br />rn <br />