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<br />LOAN NUMBER: 0100610900
<br />(Space Above This Line For Recording Data)
<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 July 24, 2009. The grantor is RUSSELL D ROPTE
<br />and PAMELA J ROPTE, HUSBAND AND WIFE, whose address is 4207 MICHIGAN AVE, Grand Island,
<br />Nebraska 68803-1013 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Contract. The obligations of Borrowers who did not sign the Contract are explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend
<br />R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("'T'rustee"). The beneficiary
<br />is Home Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws
<br />of the United States of America and whose address is 221. South Locust Street, Grand lslaud, Nebraska 68801.
<br />("Lender"). RUSSELL D ROPTE and PAMELA J ROPTE have entered into aEquity -Line of Credit
<br />("Contract") with Lender as of July 24, 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 Twenty Thousand and 00/100 Dollars (U.S. $20,000.00) ("Credit Limit").
<br />Any party interested in the details related to Lender's continuing obligatian to make advances to Borrower is
<br />advised to consult directly with Lender. if not paid earlier, the sums owing under Borrower's Contract with Lender
<br />will be due and payable on August 15, 2014. 'This Security Instrument secures to Lender: (a) the repayment of the
<br />debt under the Contract, with interest, including future advances, and all renewals, extensions and modifications of
<br />the 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 tv
<br />Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, State of
<br />Nebraska:
<br />Address: 4207 MICHIGAN AVE, Crand Island, Nebraska 68803-1013
<br />Legal Description: LOT NINE (9)', BLOCK ONE (1), CAPITAL HEIGHTS FOURTH
<br />SUBDIVI510N IN HALL COUNTY, NEBRASKA
<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 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 />Payment of Principal and luterest; Uther Charges. Borrower shall promptly pay when due the principal of and
<br />interest an 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 over this Security Instrument, and leasehold payments or ground rents, if any.
<br />At the request of Lender, Borrower shall promptly furnish to Lender receipts evidencing tlae 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 to 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 />4A 2004.2009 Compliance Systems, Inc. 3 5 78-17501 - 2UU9.U4.57
<br />Consumer Real Estate -Security Instrument ~L2036 Pagc 1 of 5 www.cumpliancesystcros.cnm
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