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<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on April 14, 2010. The grantors are LEONDIS L
<br />LUCAS and MARY L LUCAS, HUSBAND AND WIFE, whose address is 4315 W SCHIMMER DR,
<br />GRAND ISLAND, Nebraska 68803-9628 ("Borrower"). Borrower is not necessarily the same as the Person or
<br />Persons who sign the Note. The obligations of Borrowers who did not sign the Note are explained further in the
<br />section titled Successo_.rs and Assigns Bound; Jolnt and Several Liability; Accommodation Signers. The
<br />trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee").
<br />The 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 68801 ("Leader"). LEONDIS L LUCAS and MARY L LUCAS owe Lender the principal sum of Six
<br />Thousand Ninety-seven and 50/100 Dollars (U.S. $6,097.50), which is evidenced by the note, consumer loan
<br />agreement, or similar writing dated the same date as this Security Instrument (the "Note"), which provides for
<br />periodic payments ("Periodic Payments"), with the full debt, if not paid earlier, due and payable on Apri121, 2013.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Nate, with interest, and
<br />all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced
<br />to 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: 4315 W SCHIMMER DR, GRAND ISLAND, Nebraska 68803-9628
<br />Legal Description: THE EAST HALF OF THE NORTH HALF OF THE NORTHWEST QUARTER
<br />OF THE NORTHWEST QUARTER (El/2N1/2NW1/4NW1/4) OF SECTION TWO (2), TOWNSHIP
<br />TEN (10) NORTH, RANGE TEN (10), WEST OF THE SIXTH PRINCIPAL MERH)IAN, IN HALL
<br />COUNTY, NEBRASKA, AND CONTAINING TEN (XO) ACRES, MORE OR LESS, OF WHICH 0.5
<br />ACRES IS IN THE PUBLIC ROAD RIGHT OF WAY.
<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; 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 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 />Funds far Taxes 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 />yearly leasehold payments or ground rents on the Property, if any; (c) yearly hazard or property insurance
<br />premiums; (d) yearly flood insurance premiums, if any; (e) yearly mortgage insurance premiums, if any; and (f)
<br />any sums payable by Borrower to Lender, in accordance with the provisions of the paragraph titled Mortgage
<br />Insurance, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items."
<br />Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a
<br />federally related mortgage loan may require for Borrower's escrow account under the federal Real Estate
<br />Settlement Procedures Act of 1974 as amended from time to time, 12 U.S.C. Section 2601 et seq. ("RESPA"),
<br />unless another Applicable Law that applies to the Funds sets a lesser amount. If so, Lender may, at any time,
<br />® 2004-2009 Compliance Syatema, Inc. 002D-F3D1 - 2009.12.368
<br />Consumer Real Estate -Security Instrument DL2036 Page 1 of 6 www.compliancesystems.com
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