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<br />(Space Above This Line Fot Recording Data)
<br />LOAN NUMBER: O100b013S9
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT -FUTURE ADVANCES ARE SECURED
<br />SY THIS DEED OF TRUST)
<br />THIS DEED OF TRUST ("Security Instrument") is made on June 4, 2009. The grantor is ROY A GRIFFIN,
<br />HUSBAND AND WIFE, and JUDY GRIFFIN, HUSBAND AND WIFE, whose address is 1724 N CLEBURN,
<br />Grand Island, Nebraska 68801 ("Borrower"). Borrower is not necessarily the same as the Person or Persons wha
<br />sign the Cantract. The obligations of Borrowers wha did not sign the Cantract are explained further in the section
<br />titled Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is
<br />Arend R. Baack, Attorney whose address is P.O. Sox 790, Grand Island, Nebraska b8802 ("Trustee"). The
<br />beneficiary is Home Federal Savings & Loan Association of Grand Island, which is organized and existing
<br />under the laws of the United States of America and whose address is 221 South Locust Street, Grand Island,
<br />Nebraska b$801 ("Lender"). RUY A GRIFFIN and JUDY GRIFFIN have entered into aEquity -Line of Credit
<br />("Contract") with Lender as of .tune 4, 2009, under the terms of which Borrower may, from time to time, obtain
<br />advances not to exceed, . at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING=
<br />PROTECTIVE ADVANCES)*** of Five Thousand and 00/100 Dollars (U.S. $5,000.00) ("Credit Limit"). Any
<br />party interested in the details related to Lender's continuing obligation to make advances to Borrower is advised to
<br />consult directly with Lender. if not paid earlier, the sums owing under Borrower's Contract with Lender will be
<br />due and payable on .Tune 15, 201.4. 'This Security Instrument secures to Lender: (a) the repayment of the debt
<br />under the Contract, with interest, including future advances, and all renewals, extensions and modifications of the
<br />Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security
<br />Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this
<br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, state of
<br />Nebraska:
<br />Address; 1724 N CLEBURN, Grand island, Nebraska b$$O1
<br />Legal Description: LOT ONE (1), BLOCK TWENTY-TWO IN SCIIIMMER'S ADDITION,
<br />CITY OF GRAND ISLAND, HALL COUNTY.
<br />TOGETHER WITH all the improvements now or 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 Property and that the Property is unencumbered, except far encumbrances of retard.
<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 />Payment of Principal and Interest; Other Charges. $orrower shall promptly pay when due the principal of and
<br />interest on the debt owed under the Contract and late charges or any other fees and charges due under the Contract.
<br />Applicable Law. As used in this Security Instrument, the term "Applicable Law" shall mean all controlling
<br />applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have
<br />the effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines and impositions attributable to the
<br />Property which may attain priority aver this Security Instrument, and leasehold payment`s ar ground rents, if any.
<br />At the request of Lender, Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security instrument unless Borrower: (a)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b)
<br />contests in good faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the
<br />Lender's opinion operate tv prevent the enforcement of the lien; or (c) secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any
<br />~ 2004-2008 Copyright Compliance Sysletns, Ina 741?U-2nU2 - 2008.10289 wwtiv.camplianecsystems.com
<br />Consumer Rcal Estate -Security Ipslrmnetu UL203C, Pagc 1 of 5 800-968-8522 -Fax 616-956-1868
<br />P2S, So
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