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<br /> THIS INSTRUMENT PREPAREI]BY: AFTER RECC]RD�N�RETURN TC3:
<br /> Hame F�deral Sav�ngs&L�an Asso��afivn of H�me Federa�Sav�ings&I.�uan As�ac�ation af
<br /> Grand Island Grand Island
<br /> 2�1 Sauth Locust Street 221 South Lacust Street
<br /> GRAND ISLAND,NE GS 8�1 GRAN�]ISLAND,NE 68 8�1
<br /> {5pa�e AboWe Th�s Line For Recording I]ata}
<br /> L�]AN�RIC�INAT�R C�MPANY NAME:I3ome Federa�.Sav�ngs&Laari�ssv�ia�ion�f Grand Isiand
<br /> NMLS��]MPANY�I)ENT�F�ER: 446443
<br /> LDAN�RIGINAT�R�N.AN.[E: Chris Kaskie
<br /> NMLS�RIGINAT�R�DENTIFIER:4g466S
<br /> DL��D �F TRjJST
<br /> [PREAU'T�-I�RI�ED [�PEN END} �REDIT -FUT�CTR� ADVANCES AR� SECURED
<br /> BY THIS I3EED ��TRiJST}
<br /> TH�S I3EED �F TRUST �"Security �ns�rumen�"} is made on Fe'�ruary 19, �416. The gran�ors are DAVID G
<br /> PALU and BETTY L PALU, �-IUSBAND AND WIFE, vvhose address �s Z724 PR�SP��T ST, GRAN�
<br /> ISLAND,Nebraska G$803-1913 �"Borr�wer"}.B�rrow�r�s not necessar�ly�he same as�he Person�r Persons Who
<br /> s�gn the Home Equ�ty Line of Credxt Agreement, dated February 19, 2�1� �"�on�rac�"}. The obligatians of
<br /> Borrowers �vha d�d not sign the ContraG� are exp�ain�d fi�her in �he sec�ion tz��ed Successors and Ass�gns
<br /> Baund�Joxnt and SeveraX Lxability;A�c�m�t�dat�on S�gners.Th�trustee is Arend R.Baa�k,At�arney whose
<br /> address is P.(]. �ax 794, Grand Isiand, Nehraska 65842 �"Trustee"}. The benef ciary is H�me �`edera�
<br /> Sav�ngs & Loan Assoc�atian �f Grand Is�and, which is organized and e��s��ng under �he laws of the Uni�ed
<br /> 5ta�es of America and whose address is Z21 Sauth Lo�us� Street, Grand Is�and, Nebraska 68841 ("Lender"}.
<br /> DA�ID � PALi� az�d BETTY L PALU have entered into a C�ntrac� w�th Lender as of February 19, 201�,
<br /> under the �erms of whi.�h BarraWer may, from t�me �a time, obtai�tl advances no� �a exceed, at any �ime, a
<br /> ***M.A�IMUM PRINCIPAL .A.NIC]UNT �E�CLUDING PR�TECTIVE ADVAI��ES}*�� of Twenty
<br /> Thousand and U011OU Dollars ��J.S. $ZU,40�.44} �"Credi�Limi�"}. .Ar�y par�y�n�ere��ed in �he d��ails related to
<br /> Lender's cflntznuing oblzgatior� to make advances ta BarrQwer is advzsed �a consu�� dzrec��y wi�. Lender. If na�
<br /> pa�d ear�ier,�he sums otiving un.der Borrvtiver's Contract w��h Lender Wil�be due on�Viarch 15,ZQZ1.This Security
<br /> �nstrumen� secures to Lender: �a} �he repayme�.ti af�he debt under �he �on�rac�, wi�h interes�, includir�g fu�ure
<br /> advanGes, and aIl rene�va�s, �x�ens�ons and mod�fzca�ions of�he �o�trac�; �b} �he paymen�of a1I other sums, wi�h
<br /> �nteres�, advanc�d �a pro�ect �he security of�his 5ecurity Instrument under the provisions of the section t���ed
<br /> Prote�tion of Lenderts R�ghts in the Property; and�c}the performance of Borrower's�ovenants and agreemen�s
<br /> under�his 5ecur��y Ins�rument and�he Con�rac�. For th�s purpose, BorraWer, �n consideratz�n�f�he debt and�he
<br /> �rus�here�n created, �rrevo�ably grants and conveys ta Trustee,in trus�,wi�a potiver of sal�,the fo��vwing descr�bed
<br /> property lacated in�he�UUNTY of I�3ALL, 5�a�e of Nebraska:
<br /> 11�.ddress: �7Z4 PR�SPECT ST, GRAND ISLAND,Nebraska 68SU3-1913
<br /> Lega� Descript�an: L�T SL�TEEN �16} AND THE S�UTH HALF �5112} �F I1�T F�URTE�N �14},
<br /> �L�CI� ELEVEN �11�, IN UNIVERSITY PLACE, AN ADDITIDN T� THE CITY �F GRAND
<br /> ISLAND,I-�.A.LL C�UNTY,NEBRASI�A
<br /> TQ�'rETI-�ER �ITH al� the zmpro�remen�s notiv �r hereafter erected or� �he proper�y, and alI eas�ments,
<br /> appurtenances, and f�xtures now or hereaf�er a par�af th� pr�perty. A�� replaceme�ts and add�tions sha�� a�sa be
<br /> covered by �h�s Se�urity Instrum�nti. A�l of �he foregoing �s referred to ir� th�s Security �nstrumen� as the
<br /> r�Proper�y.r�
<br /> BflRR�]WER��]VENANTS �that I3orr�wer is �awfu���seised af the esta�e hereby conv�yed and has the r�ght ta
<br /> grant and convey �he Property and tha� �he Property is unencumbered, except far erzcumbrances of record.
<br /> Barrn�wer vvarrants and wil� defend generally the t�t1e �o the Property agains� a�� claims and demands, subj ec� to
<br /> an�encumbrances of record.
<br /> Borravver a�d Lender covenan�and agree as follovt�s:
<br /> C�2�04-2d I 5 Cvmpliance Systems,�nc.8C54-Ad74-20l 5.i 1.3.1498
<br /> Cansumer Rea�Estate-Secu�ity Instrument DL2035 Page 1�f 5 www.campliancesystems.cvm
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