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<br /> DEED OF TRUST
<br /> (PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br /> BY THIS DEED OF TRUST)
<br /> THIS DEED OF TRUST ("Security Instrument") is made on March 29, 2010. The grantor is Yvonne G Brandt,
<br /> a single person, whose address is 102 Turner Ln, Cairo, Nebraska 68824 ("Borrower"). Borrower is not
<br /> necessarily the same as the Person or Persons who sign the Contract, The obligations of Borrowers who did not
<br /> sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint and Several
<br /> Liability; Accommodation Signers. The trustee is Pathway Bank whose address is PO sox 428, Cairo,
<br /> Nebraska 68824 ("Trustee"). The beneficiary is Pathway Bank, which is organized and existing under the laws of
<br /> the State of Nebraska and whose address is 306 S High St, P O Box 428, Cairo, Nebraska 68824 ("Lender").
<br /> Yvonne G Brandt has entered into a Equity - Line of Credit ("Contract") with Lender as of March 29, 2010,
<br /> under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a
<br /> ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Ten
<br /> Thousand and 00/100 Dollars (U,S. $10,000.00) ("Credit Limit"). Any party interested in the details related to
<br /> Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not
<br /> paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on April 1, 2013.
<br /> This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest,
<br /> including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all
<br /> other sums, with interest, advanced to protect the security of this Security Instrument under the. provisions of the
<br /> section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants
<br /> and agreements under this Security Instrument and the Contract, For this purpose, Borrower, in consideration of
<br /> the debt and the,,"st herein created, irrevocably grants and conveys to"`"Tr-STCe to-lMgf " wt; pu.vyer of sale ,the
<br /> following described property located in the County of Hall, State of Nebraska:
<br /> Address: 102 Turner Ln, Cairo, Nebraska 68824
<br /> Legal Description: Lot 8, in Block 3, in Ingalls-Turner Addition to the Town of Cairo, Hall County,
<br /> 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 Interest; Other Charges. Borrower 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 over this Security Instrument, and leasehold payments or ground rents, if any.
<br /> At the request of Lender, Borrower shall promptly furnish to bender 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 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 detennines that any
<br /> part of the Properly is subject to a lien which may attain priority over this Security, Instrument, Lender may,give
<br /> ® 2004.2009 Compli4nce Sysiems, Inc. .002D-SF,41 - 2009.12.368
<br /> Consumer Real Estate - Security Instrumant OL2036 Pa e 1 of 5
<br /> www.comliancesslams.com
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