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<br /> °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 September 18, 2013. The grantors are MARIO
<br /> ESCOBAR and MARIA ESCOBAR, husband and wife, whose address is 115 E CHARLES ST, GRAND
<br /> ISLAND,Nebraska 68801 ("Borrower").Borrower is not necessarily the same as the Person or Persons who sign
<br /> the Note. The obligations of Borrowers who did not sign the Note are explained further in the section titled
<br /> Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend
<br /> R.Baack,Attorney whose address is P.O.Box 790,Grand Island,Nebraska 68802("Trustee").The beneficiary
<br /> is Home Federal Savings&Loan Association of Grand Island,which is organized and existing under the laws
<br /> of the United States of America and whose address is 221 South Locust Street, Grand Island,Nebraska 68801
<br /> ("Lender"). MARIO ESCOBAR and MARIA ESCOBAR owe Lender the principal sum of Sixteen Thousand
<br /> Six Hundred Thirteen and 00/100 Dollars (U.S. $16,613.00), which is evidenced by the note, consumer loan
<br /> agreement, or similar writing dated the same date as this Security Instrument (the "Note"), which provides for
<br /> periodic payments("Periodic Payments"),with the full debt, if not paid earlier, due on September 25,2017. This
<br /> Security Instrument secures to Lender: (a)the repayment of the debt evidenced by the Note,with interest, and all
<br /> renewals, extensions and modifications of the Note; (b)the payment of all other sums, with interest, advanced to
<br /> protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's
<br /> Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security
<br /> Instrument and the Note. For this purpose, Borrower, in consideration of the debt and the trust herein created,
<br /> irrevocably grants and conveys to Trustee, in trust,with power of sale,the following described property located in
<br /> the COUNTY of HALL,State of Nebraska:
<br /> Address: 115 E CHARLES ST,GRAND ISLAND,Nebraska 68801
<br /> Legal Description: THE WEST 67.5 FEET OF THE EAST 135 FEET OF LOT THIRTEEN(13), OF
<br /> THE COUNTY SUBDIVISION OF THE WEST HALF (W1/2) OF THE SOUTHWEST QUARTER
<br /> (SW 1/4) OF SECTION FIFTEEN (15) TOWNSHIP ELEVEN (11), NORTH, RANGE NINE (9)
<br /> WEST OF THE 6TH P.M.,IN 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 /> 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 /> Application of Payments. Unless Applicable Law provides otherwise, all payments received by Lender shall be
<br /> applied: first, to any prepayment charges due under the Note; second, to interest due;third, to principal due; and
<br /> last,to any late charges due under the Note.
<br /> ©2004-2012 Compliance Systems,Inc.CECA-84DC-2011L2.10.600
<br /> Consumer Real Estate-Security Instrument DL2036 Page 1 of 5 www.compliancesystems.com
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