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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 October 7, 2013. The grantors are KENNETH D
<br /> CALDWELL and PAMELA R CALDWELL, HUSBAND AND WIFE, whose address is 3715 E
<br /> SEEDLING MILE RD, GRAND ISLAND,Nebraska 68801-8409("Borrower"). Borrower is not necessarily the
<br /> same as the Person or Persons who sign the Home Equity Line of Credit Agreement, dated October 7, 2013
<br /> ("Contract"). The obligations of Borrowers who did not sign the Contract 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"). KENNETH D CALDWELL and PAMELA R CALDWELL have entered into a Contract with
<br /> Lender as of October 7,2013, under the terms of which Borrower may, from time to time, obtain advances not to
<br /> exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE
<br /> ADVANCES)*** of Twenty-five Thousand and 00/100 Dollars (U.S. $25,000.00) ("Credit Limit"). Any party
<br /> interested in the details related to Lender's continuing obligation to make advances to Borrower is advised to
<br /> consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender will be
<br /> due on October 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:3715 E SEEDLING MILE RD,GRAND ISLAND,Nebraska 68801-8409
<br /> Legal Description: ALL OF LOT "B" AND THE NORTH TEN (10) ACRES OF LOT "C", IN
<br /> GARDEN SUBDIVISION OF LOT ONE (1), ON MAINLAND IN SECTION THIRTEEN (13),
<br /> TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL
<br /> 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 /> 2004-2012 Compliance Systems,Inc.CECA-852E-2011 L2 10.600
<br /> Consumer Real 6,tate-Security Instrument Di,2036 Page I of 5 www compliancesystems.corn
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