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<br /> THIS INSTRUMENT PREPARED BY: AFTER REC4RDIN�RETURN T�:
<br /> �I�me Federal Saving�&Laan Assfl��ation of Home Federal Savings&Laan Assoc�ation of
<br /> Grar�d Island G�rand I��and
<br /> 221 S�uth Locust Street 221 Sauth L�cust Street
<br /> GRAND ISLAND,NE 688D1 GRAND ISIIAND,NE 688�1
<br /> {5pa�e Abo�e This Line For Recvrding Data}
<br /> L�AN�RI�`rTNATQR��MPANY NANIE: Home Federa�.Sa�vi,ngs&�aan Asso�i.at�on of Grand Island
<br /> NMLS CDMPANY�DENT�F�ER: 44G443
<br /> L�AN�RIG�NATC�R NAME: Chr�S I�ask��
<br /> NMLS�R�GINAT�R II�ENT�FIEl�:494�5 S
<br /> I�EED �F TRUST
<br /> (PR�AUTH[]RI�EI] t[�PEN END} CI�DIT -FIJTUT2E AI3VAN��S A1�E SE�URED
<br /> BY THIS I3EEI� �F TRZ.TST)
<br /> TH�S DEED �F TRUST �"Security Ins�rum.e�t"� zs made an April 4, Z�15. The grantors are STEPHEN T
<br /> B�WEN and JAC�UELINE E BU�V�N,HUSBAND AND�IF�,whose address is 17�5 GRET�HEN AVE,
<br /> GRAND ISLANI3, Nebraska �SS�3-635U ("Barrawer"}. Borrovver is not necessarily �he same as the Person �r
<br /> Pers�ns wha s�gn �he Hom� Equity L�ne flf Credit Agreemen�, dated Apri� 4, ��1� �"�ontract"}. The
<br /> ob�zga�.ians of Borrowers who did no�.sign the �antract are�xp�a�ned fur�her i.n.the section tz��ed Suc�essars and
<br /> Ass�gns Bound; Join� and S��eral Liab�l�ty; Accommodation Signers. The trus�ee zs Arend R. �aa�k,
<br /> Attorney�rhase address is P.�. Box 7g�, Grand Island, Nebraska G8842 �"Trust�e"}. The�enef ciary�s I3ame
<br /> Federal Savi�ngs & L�an Asso��atian vf Grand Is�and, wh�ch �s �rganized and ex�sting wn.der �h� laws af�he
<br /> Un�x�d S�ates af Am�rica and whose address �s z21 South La�ust Street, �rand Is�and, Nebraska �8501
<br /> �"Lender"). STEPHEN T B�WEN and JAC�UEIIINE E B�WEN have en�ered zn�a a Can�rac�w��h Lender as
<br /> of Apri14,��1�,u�der�he�erms of�whz�h Borravver may,from t�me���ime,ob�a�n advances not to exceed,at any
<br /> time, a �*�MA�IM�CJM PRINCIPAL AM�UNT �E�CLTJDING PR�TECTIVE AI3VANCES}*�* ❑f
<br /> Twenty-�ve Thausand and O�11U4 Doi�ar� �U.S. $25,QO�.UD� �"Credi� L�mit"}. Any party intereste� in �he
<br /> de�azls rela�ed ta Lender's con�inuing ab��ga�ian�o make advances to Borrawer xs advised�o consult dire�tXy v�ri�h
<br /> Lender. �f not paid earlier,�he sums awing u�.der BorroWer's�on�rac�w��h Lender w�l�be du�on Apr�1 15,Z421.
<br /> T�115 Security �nstru.ment secures �a Lender: �a} �he repayment of tihe deb� under �he Co�.�rac�, v�ith z�.�eres�,
<br /> inc�uding futu.re advan�es, and aI1 renewals, extens�ans and mod�fica�ions of the Cantract; (b} �he payment of a��
<br /> o�her sums, wi�h ���eres�, advan�ed to pratec��he secur�ty of�his 5e�urity Instrumen�under the provis�ans of�he
<br /> section ����ed Protect�an of Lender's Rights in �he Property; and (c� the performance of Bvrrower's covenan�s
<br /> and agreemen�s under�his 5ecurity Ins�rumen� and �1a.e �on�rac�. For�his purpase, Borrovver, �ri considera�zon of
<br /> the debt and the trus�herein crea�ed, irrevocab�y gran�s and conve�s �o 'Trus�ee, in trus�, with pativer of sale, �he
<br /> follovv�ng described�r�per�y�oca�ed in�he CDUNTY of HALL, Sta�e c�f Nebraska:
<br /> .Address: 1705 GRET�HEN AVE,GRAND ISLAND,Nebraska�SS�3-�35U
<br /> Lega1 Descr�p�ion: L�T THREE �3}, IN BL�CK T�'PV� �2�, IN KAY-I]E� SI3BDNISI�N, IN THE
<br /> CITY�F GRAND ISLAND,HALL CDUNTY,NEBRASKA
<br /> T��ETHER ��TH aIl �he improvemen�s now ar hereafter erec�ed an �he propex-�y, ar�d alI easemen�s,
<br /> appur�enanc�s, and f xtures noW or hereaf�er a part of the proper�y. Al� rep�acemen�s and add��zons shall a�so be
<br /> covered by �his Security �nstrumen�. AlI of �he forego�ng �s referred to �n �his Secur�ty Instrument as the
<br /> "Property.,`
<br /> BDRRfl�ER �DVENANTS tha�B�rrawer is �awfu�iy se�sed of the es�a�e here�y conveyed and has the righ��o
<br /> grant and convey �he Praper�y and �hat the Praper�y zs unencumbered, excep� for e�.�umbranc�s af recard.
<br /> Borr�wer vvarran�s and will defend generally �he ����� ta the Proper�y against a�l claims and dem.ar�d�, subjec� �o
<br /> any encumbrances af record.
<br /> Barrawer ar�d L�nder covena�x�and agree as fo�lnWs:
<br /> Q 2�44-2415 CompIiance Systems,Inc,8C54-DOB7-�DIS,t 1.3.I098
<br /> C�nsumer Real Estate-Secunty Instru�nent DL2a3d Page 1 of 5 www,campliancesystems.c�m
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