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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 /> LOAN ORIGINATOR NAME: Lisa Mayer
<br /> NMLS COMPANY IDENTIFIER: 446443
<br /> NMLS ORIGINATOR IDENTIFIER: 494669
<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 July 1,2014. The grantors are William R Earl and
<br /> Karen L Earl, Husband and Wife, whose address is 137 Ponderosa Dr, GRAND ISLAND, Nebraska 68803
<br /> ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Home Equity Line of
<br /> Credit Agreement, dated July 1,2014("Contract"). The obligations of Borrowers who did not sign the Contract
<br /> are explained further in the section titled Successors and Assigns Bound; Joint and Several Liability;
<br /> Accommodation Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand
<br /> Island, Nebraska 68802 (°Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand
<br /> Island, which is organized and existing under tk►e laws of the United States of America and whose address is 221
<br /> South Locust Street, Grand Island, Nebraska 68801 ("Lender"). William R Earl and Karen L Earl have
<br /> entered into a Contract with Lender as of July 1,2014,under the terms of which Borrower may,from time to time,
<br /> obtain advances not to exceed, at any time, a xx'`MAXIMUM PRINCIPAL AMOUNT (EXCLUDING
<br /> PROTECTIVE ADVANCES)x** of Fifty Thousand and 00/100 Dollars (U.S. $50,000.00) ("Credit LimiY').
<br /> Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is
<br /> advised to consult directly with Lender.If not paid earlier,the sums owing under Borrower's Contract with Lender
<br /> will be due on July 15,2019. 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, advance�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 foilowing described property located in the County of Hall, State of Nebraska:
<br /> Address: 137 Ponderosa Dr, GRAND ISLAND,Nebraska 68803
<br /> Legal Description: Lot Four (4), Ponderosa Lake Estates Third Subdivision in the city of Grand
<br /> Island,Hall Conty,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 Securiry 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 /> �2004-2013 Compliance Systems,Inc.9F96-4157-2013L2.OJ21
<br /> Consumer Real Estate-Security Instrument DL2036 Page I of 5 www.compliancesystems.com
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