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<br />(Space Above'rhis Line For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUS"I ("Security Instrument") is made on November 19, 2009, The grantors are KIM L
<br />WILLMAN, husband and wife, and LISA L WILLMAN, whose address is 2103 W CHARLES, GRAND
<br />ISLAND, Nebraska 68803-5802 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who
<br />sign the Note. The obligations of Borrowers who did not sign the Note are explained furtlter in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. 'C'he trustee is Arend
<br />R. Baaek, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). 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 Island, Nebraska 68801
<br />("Lender"). KIM L WILLMAN and LISA L WILLMAN owe Lender the principal sum of Twelve Thousand
<br />Eighty and 00/100 Dollars (U.S. $12,080.00), which is evidenced by the note, consumer loan agreement, or
<br />similar writing dated the same date as this Security Instrument (the "Note"), which provides for periodic payments
<br />("Periodic Payments"), with the full debt, if not paid earlier, due and payable on November 18, 2012. This
<br />Security Instrument secures to Lender; (a) the repayment of the debt evidenced by the Nate, with interest, and all
<br />renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced to
<br />protect the security of this Security Instrument under the provisions of the section titled Protection. of Lender's
<br />Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Note. For this purpose, Borrower, in consideration of the debt and the trust herein created,
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />the COUNTY of HALL, State of Nebraska:
<br />Address: 2103 W CHARLES, GRAND ISLAND, Nebraska 68803-5802
<br />Legal Description: FRACTIONAL LOT ONE (1) AND THE EASTERIY TEN (10) b'EET OF
<br />FRACTIONAL LOT TWO (2) 1N FRACTIONAL BLOCK FIFTY FIVE (55) IN CHARLES
<br />WASMER'S THIRD ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, AND ITS COMPLEMENT FRACTIONAL I,OT ONE (1) AND THE EASTERLY TEN
<br />(10) FEET OF FRACTIONAL LOT TWO (2) IN FRACTIONAL BLOCK THIR"1'Y THREE (33) IN
<br />MORRILL'S ADllI'fION TO TIIE CITY OF GRAND ISLAND, 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 />Secured Indebtedness. The debt evidenced by the Note and which is secured by this Security Instrument is
<br />subject to the provisions of 12 CFR 226.32. Borrower acknowledges that Borrower has received the disclosures
<br />prescribed by 12 CFR 226.32 at least three business days prior to the execution of the Note and this Security
<br />Instrument, or as otherwise required by 12 CFR 226.31. Borrower and Lender further acknowledge and agree that
<br />this Security Instrument will secure additional debt subject to ].2 CFR 226.32 only if Lender satisfies the necessary
<br />requirements imposed on such debt imposed by 12 CFR 226.32 and Applicable Law.
<br />Borrower and Lender covenant and agree as follows:
<br />Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due the
<br />principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the
<br />Note.
<br />Applicable Law. As used in this Security instniment, 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 />Funds for faxes and Insurance. At Lender's request and subject to Applicable Law, Borrower shall pay to
<br />Lender on the day periodic payments are due under the Note, until the Note is paid in full, a sum ("Funds") for: (a)
<br />yearly taxes and assessments which may attain priority over this Security Instrument as a lien on the Property; (b)
<br />R9 2004.2009 Compliance Systems, Inc. 002U-BHF4 - 2009.12.368
<br />C'onsumcr Real Estate -Security Instrument UL2036 Page I ofF
<br />www, compliancesysteme. corn
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