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<br />(Space Above This Line Frn• Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on August 16, 2010. The grantors are ADAM
<br />CASTANEDA and ANGELA L CASTANEDA, A/K/A ANGELA L MLTIRIIEAD, HUSBAND ANU WIRE,
<br />whose address is 923E 7TH ST, GRAND ISLAND, Nebraska 68801 ("Borrower"), Borrower is not necessarily
<br />the same as the Person or Persons who sign the Note. The obligations of Borrowers who did not sign the Note are
<br />explained further in the section titled Successors and Assigns Bound; Joint and Several Liability;
<br />Accommodation Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand
<br />Island, Nebraska 65802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand
<br />Island, which is organized. and existing under the laws of the United States of America and whose address is 221
<br />South Locust Street, Grand Island, Nebraska 6$801 ("k.ender"). ADAM CASTANEDA and ANGELA L
<br />CASTANEDA owe Lender the principal sum of 'I"hirty Thousand Seventy-nine and 50/100 Dollars (U.S.
<br />$30,079.50), which is evidenced by the note, consumer loan agreement, or similar writing dated the same date as
<br />this Security Instrument (the "Note"), which provides far periodic payments ("Periodic Pay>nents"), with the full
<br />debt, if not paid earlier, due and payable on September 1, 2015. This Security Instrument secures to Lender: (a)
<br />the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modircations of
<br />the Note; (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 .l.,ender's Rights in the Property; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Note. 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 IIALL, State of
<br />Nebraska:
<br />Address: 923E 7TII ST, GRAND ISLAND, Nebraska 6$801
<br />Legal Description: LOT ONE (1) LINCOLN SUBDIVISION IN THE CITY OF GRAND ISIaAND,
<br />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 12 CFR 226.32 only if Lender satisfies the necessary
<br />requirements imposed on such debt imposed by 12 CFR 226.32 and Applicable Isaw.
<br />Borrower and Lender covenant and agree as follows:
<br />PayKnent 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 die
<br />Note.
<br />Applicable Law. As used. in this Security Instrument, the terra "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 lnstrument as a lien on the Property; (b)
<br />yearly leasehold payments or ground rents on tlae 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 awns payable by Borrower to I_,ender, in accordance with the provisions of the paragraph titled Mortgage
<br />tt~ 2004-2009 Compliance Systems, Inc. 002D-24FD - 2009.12.368
<br />Consumer Rca] Eslatc - Sceurity Instrument DL20.9fi Pagc I of 6 www.ernnplinncesystetns.com
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