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<br /> T��S�NSTRUMENT PREPARED BY: AFTER RE��RD�NG RETURN TC�:
<br /> �-Iome Federai Sa�ings&Loan ASsaciation�f Hame Federal Sav�ngs&Loan Assflciation of
<br /> �rand I�iand Grand Island
<br /> Z21 South Locus�Street 221 South Locust Street
<br /> �RANI]ISLAND,NE fr88�1 GRAND ISLAND,NE G88U1
<br /> {Spa�e Abave This Line For Recording Data}
<br /> LC�AN�RIGINAT�R C�MPANY NAME:Home Federa�Savings&Loan Ass�ciativn of Grand Is�and
<br /> NMLS CDMPANY�DENT�F�ER: 446443
<br /> L�AN�R.�GINAT�R NAME: �hris Kask�e
<br /> NN�LS�F�G�NAT�R IDENT�FIER:4g4G68
<br /> I��EI� �F TRUST
<br /> [P1�AUTII�RI��D (�PEN END} CREI�IT -FU'I'URE AI]VANCES ARE SECUREI�
<br /> BY T�IIS I��ED �F TRUS'T}
<br /> T��S DEED DF TRUST �"Se�uri�y�ns�rument"� �s made on Decem��r 19,2�14. The grantors are It�B�RT L
<br /> SCHAAF and LISA K SCHAAF, farmeriy knawn as LISA K GRE�N, HUSBAND AND �VIFE, whase
<br /> address is 4�� � 11TH ST, GRA►ND ISLAND,Nebraska�SS41-3�UZ �"B�rrower"�. Borravv�r is not necessariiy
<br /> the same as�he Person ar Per�ons who s�gn�he Horne �quity L�ne of Cred�t Agreement� dated I�ecember 1 g,
<br /> 2U14�"�ontract"}. The�b��gations of Barrovvers vvh�did no�szgn the Contract are ex�lained further xn the sec�ion
<br /> t��1ed �uccessors and Ass�gns Bound; J�in� and Severa� Liab�l�ty; Accommodat�an S�gners. The trustiee is
<br /> .Arend R. Baack, Attorney v�hase address is P.�. Bo� 7��, �rand Is�and, Nebraska 68SnZ �"Trustee"}. The
<br /> benef ciary �s Home Federal Sav�ngs & Loan Assaciat�on of Grand Island, which is organ�zed and exis�ing
<br /> under the laws of�he United 5tates of America and whose address �s Z�1 South Locust Street, Grand Island,
<br /> Ne�raska 65841 ("Lender"�. R�BERT L SCHAAF and LISA K SCHAAF ha�e entered into a C�ntract vvith
<br /> Lender as of December 19,2�14,under�h�terms af which Barro�er may, from tim��a time,ob�ain advances n��
<br /> to exce�d, at any �zme, a ***MAXIMUM PRINCIPAL AM�UNT �E�CLUDING PR�TECTIVE
<br /> AI�VANCES�*** of Tw���e Th�usand and U�Il�� Dollars �U.S. $12,4��.OU} ["Credzt L�mit"�. Any party
<br /> rr�terested in �he d��ails reia�ed �o Lender's continui.ng vbl�ga�ion �o make adWances ta Bnrrower is adv�sed to
<br /> consult direct�y with Lender. �f nat paid earlier, the sums owzng under Borrovver's Contra�t w�th Lender w��� be
<br /> due an January lSy 2�20. This Securi�y �nstrumen� se�ur�s �a Lender: (a} �he repaym�n� of the debt under the
<br /> �on�rac�, w��h interest, �nclud�ng future ad�ances, and a��renewals, extensions and madif�cations �f the Contra�t;
<br /> �b}the payment of a��other sums,v���h xnterest, advanced to pra��c��he security of thxs Secur��y�nstrument under
<br /> �he provisians of�he section t��led Pr�tectian of Lender�s Rights �n the Property; and �c} the performance of
<br /> Borrower's c�venan�s and agreements under�his Security�nstrumen�and�h�C�ntrac�.For�his purpose,BorroWer,
<br /> in conszdera�i�n of the deb� and the trust here�n crea�ed, irrevocably grants and ��n�eys�a Trustee, zn trust, vWith
<br /> power of sa�e,the foll�wxng described proper�y�oca�ed in�he C�UNTY of HALI.�, Sta�e of Nebraska:
<br /> Address: 42�� 11TH ST,GRAND ISLAND,Nebraska GSS�1-38�Z
<br /> Lega� Des�rip�ian: L�T TEN (14�, BL(��K THIRTY-SEVEN (37�, IN RUSSELL '�VHEELER'S
<br /> ADDITI�N T�THE CITY[�F GRANI]ISLANI],HALL C4UNTY,NEBI�ASKA
<br /> T�GET�ER WITH al� �he improvements novv ar hereafter erected �n the pr�per�y, and a11 easements,
<br /> appurtenances, and fix�ur�s now or hereafter a par� of�he property. Al� replacements and addz�zons sha�l a�so be
<br /> co��red by th�s Secur�ty Instrumen�. AI� of the foreg��ng zs r�ferred �o �n this Secur�ty �ns�rument as �he
<br /> "Proper�y."
<br /> B�RR��V�R C�VENANTS �ha�B�rrov�er �s �awful�y se�sed af the �state hereby con�eyed and has the righ��a
<br /> gran� and convey the Property and �ha� �he Prop�r�y �s unencumbered, exc�pt for encumbrances of record.
<br /> B arrovver vWarrants and wi�� defend genera��y�he ti��e �o the Property agaans� al� clazms and demands, sub�ect �o
<br /> any en�umbrances of record.
<br /> Borrav�er and Lender covenant and agr�e as follows:
<br /> Payment of Pr�ncipal and Interest; �ther Charges.Borrower shal�promptly pay vvhen due�h�princrpa�flf and
<br /> interes��n�he deb��wed und�r�he Con�ract and la�e�harges or any oth�r fees and charges due under the Contract.
<br /> Q 2Q�4-2�I4 Cvmplaance Systems,inc.4958-729A-Z�I3L2.3,I.843
<br /> Cvnsumer Reat Estate-Security Instrumen�DL2035 Page 1 of 5 www.c�mpliar�cesystems.cam
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