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<br /> THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO:
<br /> Home Federal Savings&Loan Association of Home Federal Savings&Loan Association of
<br /> Grand Island Grand Island
<br /> 221 South Locust Street 221 South Locust Street
<br /> GRAND ISLAND,NE 68801 GRAND ISLAND,NE 68801
<br /> (Space Above This Line For Recording Data)
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST("Security Instrument") is made on August 14,2013. The grantors are MONTY R
<br /> KYHN and KATHRYN M KYHN, HUSBAND AND WIFE, whose address is 2304 PARKVIEW DR,
<br /> GRAND ISLAND,Nebraska 68801("Borrower").Borrower is not necessarily the same as the Person or Persons
<br /> who sign the Note. The obligations of Borrowers who did not sign the Note are explained further in the section
<br /> titled Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is
<br /> Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island,Nebraska 68802 ("Trustee").The
<br /> beneficiary is Home Federal Savings& Loan Association of Grand Island,which is organized and existing
<br /> under the laws of the United States of America and whose address is 221 South Locust Street,Grand Island,
<br /> Nebraska 68801 ("Lender").MONTY R KYHN and KATHRYN M KYHN owe Lender the principal sum of
<br /> One Hundred Thirty-nine Thousand One Hundred Thirteen and 00/100 Dollars(U.S.$139,113.00),which is
<br /> evidenced by the note,consumer loan agreement,or similar writing dated the same date as this Security Instrument
<br /> (the"Note"),which provides for Single payments("Periodic Payments"),with the full debt,if not paid earlier,due
<br /> on February 10,2014.This Security Instrument secures to Lender:(a)the repayment of the debt evidenced by the
<br /> Note,with interest,and all renewals,extensions and modifications of the Note;(b)the payment of all other sums,
<br /> with interest,advanced to protect the security of this Security Instrument under the provisions of the section titled
<br /> Protection of Lender's Rights in the Property;and(c)the performance of Borrower's covenants and agreements
<br /> under this Security Instrument and the Note.For this purpose,Borrower,in consideration of the debt and the trust
<br /> herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale,the following described
<br /> property located in the COUNTY of HALL,State of Nebraska:
<br /> Address:2304 PARKVIEW DR,GRAND ISLAND,Nebraska 68801
<br /> Legal Description: LOT NINETEEN (19) BLOCK SIX (6), COUNTRY CLUB SUBDIVISION IN
<br /> 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 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 /> Secured Indebtedness. The debt evidenced by the Note and which is secured by this Security Instrument is
<br /> subject to the provisions of 12 CFR 226.32. Borrower acknowledges that Borrower has received the disclosures
<br /> prescribed by 12 CFR 226.32 at least three business days prior to the execution of the Note and this Security
<br /> Instrument,or as otherwise required by 12 CFR 226.31.Borrower and Lender further acknowledge and agree that
<br /> this Security Instrument will secure additional debt subject to 12 CFR 226.32 only if Lender satisfies the necessary
<br /> requirements imposed on such debt imposed by 12 CFR 226.32 and Applicable Law.
<br /> Borrower 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 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 /> 02004-2012 Compliance Systems,Inc CECA-3180-2011L2 10 600
<br /> Consumer Real Estate-Secunty Instrument DL2036 Paee 1 of 5 teem comphancesystems.com
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