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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 8, 2013. The grantors are JOHN H
<br /> SCHMID and BRENDA L SCHMID, HUSBAND AND WIFE, whose address is 524 LINDEN AVE.
<br /> GRAND ISLAND,Nebraska 68801-8667 ("Borrower"). Borrower is not necessarily the same as the Person or
<br /> Persons who sign the Home Equity Line of Credit Agreement, dated October 8, 2013 ("Contract"). The
<br /> obligations of Borrowers who did not sien the Contract are explained further in the section titled Successors and
<br /> Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend R. Haack,
<br /> Attorney whose address is P.O.Box 790,Grand Island,Nebraska 68802("Trustee").The beneficiary is Home
<br /> Federal Savings& Loan Association of Grand Island,which is organized and existing under the laws of the
<br /> United States of America and whose address is 221 South Locust Street. Grand Island, Nebraska 68801
<br /> ("Lender"). JOHN H SCHMID and BRENDA L SCHMID have entered into a Contract with Lender as of
<br /> October 8,2013,under the terms of which Borrower may,from time to time,obtain advances not to exceed, at
<br /> any time, a ""*MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of
<br /> Forty-nine Thousand Five Hundred and 00/100 Dollars (U.S. $49,500.00) ("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 he
<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:524 LINDEN AVE,GRAND ISLAND,Nebraska 68801-8667
<br /> Leeal Description: LOT TWO (2), EAGLE LAKE ESTATES SUBDIVISION, HALL COUNTY,
<br /> 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 /> 'F%2 004-26.2 Compuance System= no CECa-AFF6-201102:0500
<br /> Consumer Real Estate-Secur,ty Instrument DL2025 Page I of5 WWv c o mpliarcesyotern,cons
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