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THIS INSTRUMENT PREPARED BY: Pathway Bank 306 S High St Cairo, NE 68824 LOAN ORIGINATOR COMPANY NAME: Pathway Bank NMLS COMPANY IDENTIFIER: 440169 LOAN ORIGINATOR NAME: Daniel Roth NMLS ORIGINATOR IDENTIFIER: 464864 A =a rn U A = (Space Above This Line For Recording Data) AFTER RECORDING RETURN TO: Pathway Bank 3333 W State Street PO Box 5318 Grand Island, NE 68803 L r N ca cD n) DEED OF TRUST (PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED BY THIS DEED OF TRUST) THIS DEED OF TRUST ( "Security Instrument ") is made on May 26, 2016. The grantor is Myriam E. Alvarez, whose address is PO Box 712, Grand Island, Nebraska 68801 ( "Borrower "). Borrower is not necessarily the same as the Person or Persons who sign the Home Equity Line of Credit Agreement, dated May 26, 2016 ( "Contract "). The obligations of Borrowers who did not sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ( "Trustee "). The beneficiary is Pathway Bank, which is organized and existing under the laws of the State of Nebraska and whose address is 306 S High St, P 0 Box 428, Cairo, Nebraska 68824 ( "Lender "). Myriam E. Alvarez has entered into a Contract with Lender as of May 26, 2016, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a ** *MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES) * ** of Five Thousand and 00 /100 Dollars (U.S. $5,000.00) ( "Credit Limit "). Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender will be due on May 26, 2019. This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall, State of Nebraska: Address: 1103 E 6th, Grand Island, Nebraska 68801 Legal Description: Fractional Lot Four (4) in Fractional Block Sixteen (16) of Lambert's Addition to the City of Grand Island and the westerly Thirteen and Two tenths (13.2) feet of Fractional Lot Four (4) and all of Fractional Lot Five (5) in Fractional Block Seven (7) in Evan's Addition to the City of Grand Island, Hall County, Nebraska TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. Borrower and Lender covenant and agree as follows: ® 2004 -2015 Compliance Systems, Inc. 8C54 -I4DB - 2015.11.3.1098 Consumer Real Estate - Security Instrument DL2036 • Page 1 of 5 www.compliancesystema.com Initials N O W 0) cs —c co