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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 /> NMLS COMPANY IDENTIFIER: 446443
<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 August 19, 2013. The grantor is MICHAEL T
<br /> JAKUBOWSKI, A SINGLE PERSON, whose address is 3510 S BLAINE ST, GRAND ISLAND, Nebraska
<br /> 68801-8804 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Home
<br /> Equity Line of Credit Agreement, dated August 19, 2013 ("Contract"). The obligations of Borrowers who did
<br /> not sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint and
<br /> Several Liability; Accommodation Signers. The trustee is Arend R. Baack, Attorney whose address is P.O.
<br /> Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan
<br /> Association of Grand Island, which is organized and existing under the laws of the United States of America and
<br /> whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ("Lender"). MICHAEL T
<br /> JAKUBOWSKI has entered into a Contract with Lender as of August 19, 2013, under the terms of which
<br /> Borrower may, from time to time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL
<br /> AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Seventy Thousand and 00/100 Dollars (U.S_
<br /> $70,000.00)("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make
<br /> advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under
<br /> Borrower's Contract with Lender will be due on August 15,2018. This Security Instrument secures to Lender: (a)
<br /> the repayment of the debt under the Contract,with interest, including future advances,and all renewals, extensions
<br /> and modifications of the Contract;(b)the payment of all other sums,with interest, advanced to protect the security
<br /> of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the
<br /> Property; and(c)the performance of Borrower's covenants and agreements under this Security Instrument and the
<br /> Contract. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants
<br /> and 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: 3510 S BLAINE ST,GRAND ISLAND,Nebraska 68801-8804
<br /> Legal Description: LOTS THREE (3) AND FOUR (4), HEAVENLY HAVEN THIRD
<br /> SUBDIVISION,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 /> 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 /> ©2004-2012 Compliance Systems,Inc.CECA-964D-20111_2 10 600
<br /> Consumer Real Estate-Security Instrument DL2036 Page I of 5 wwsv_compliancesystems corn
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