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<br /> THIS 1NSTRUMENT 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 22l South Locust Street
<br /> GRAND ISLAND,NE 68801 GRAND ISLAND,NE 68801
<br /> (Space Above This Line For Recording Data)
<br /> LOAN ORIGINATOR COMPANY NAME:Home Federal Savings& Loan Association of Grand Island
<br /> NMLS COMPANY IDENTIFIER: 446443
<br /> LOAN ORIGtNATOR NAME: Lisa Mayer
<br /> NMLS ORIGINATOR IDENTIFIER: 494669 � �
<br /> DEED OF TRU5T
<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 April 23, 2015. The grantors are HARLEN R
<br /> PAPKE and VICKI L PAPKE, HUSBAND AND WIFE, whose address is 4239 TEXAS AVE, GRAND
<br /> ISLAND,Nebraska 68803("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign
<br /> the Home Equity Line of Credit Agreement, dated April 23,2015 ("ContracY'). The obligations of Borrowers
<br /> who did not sign the Contract are explained further in the section titled Successors and Assigns Sound; Joint
<br /> and Several Liability; Accornmodation Signers. The trustee is Arend R. Baack, Attorney whose address is
<br /> P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan
<br /> Association of Grand Island, which is arganized and existing under the laws of the United States of America and
<br /> whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ("Lender"). HARLEN R PAPKE
<br /> and VICKI L PAPKE have entered into a Contract with Lender as of April 23, 2015, under the terms of which
<br /> Borrower may, from time to time, obtain advances not to exceed, at any time, a xx*MAXIMUM PRINCIPAL
<br /> AMOUNT (EXCLUDING PROTECTIVE ADVANCES)x*x of Fifty Thousand and 00/100 Dollars (U.S.
<br /> $50,000.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make
<br /> advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under
<br /> Borrower's Contract with Lender will be due on May 15,2020. This Security Instrument secures to Lender:(a)the
<br /> repayment of the debt under the Contract,with interest, including future advances, and all renewals, extensions and
<br /> modifications of the Contract; (b)the payment of all other sums, with interest, advanced to protect the security of
<br /> this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property;
<br /> and(c)the performance of Borrower's covenants and agreements under this Security Instrument and the Contract.
<br /> For this purpose, Borrower; in consideration of the debt and the trust herein created, irrevocably grants and
<br /> conveys ta Trustee, in trust, with power of sale, the following described properiy located in the COLTNTY of
<br /> HALL, State of Nebraska: �
<br /> Address: 4239 TEXAS AVE, GRAND ISLAI�iD,Nebraska 68803
<br /> Legal Description: LOT FIVE (5) IN CAPITAL HEIGHTS FIFTH SUBDIVISION, BEING A
<br /> TRACT OF LAND COMPRISING A SOUTHWEST QUARTER; (SW 1/4) OF SECTION TWO (2)
<br /> TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6P.M., HALL COUNTY,
<br /> NEBRASKA.
<br /> TOGETHER WITH all the improvements now ar 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 Properiy 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 /> �2004-2014 Compliance Systems,Inc.FD60-C250-2013L210.1.895
<br /> Consumer Real Es[ate-Security Instrument DL2036 Page 1 of 5 www.compliancesystems.com
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