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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 DF,ED OF TRUST ("Security Instrument") is made on August 31., 2UlU. The grantor is JANA .T MF,YER,
<br />A SINGLE PERSON, whose address is 3027 W CAPI'1'AL AVE STE 18, GRAND ISLAN[), Nebraska (18803-
<br />1809 ("Borrower"). Borrower is not necessarily the same as the .Person or Persons who sign the Contract. The
<br />obligations of Borrowers who did not sign the Contract are explained further in the section titled. Successors and
<br />Assigns Bound; .Taint and Several I.,lability; Accommodation Signers. The ^trustee is Arend R: Baack,
<br />Attorney whose address is P.O. Box 790, Grand Island, Nebraska b8802 ("Trustee"). The beneficiary is Home
<br />Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws of the
<br />United States of America and whose address is 221 South .Locust Street, Grand Island, Nebraska 6880.1
<br />("Lender"). JANA J MEYER has entered into a Equity -Line of Credit ("Contract") with Lender as cif August
<br />31, 2010, under the terms of which Borrower may, Irc7m time to time, obtain advances not to exceed, at any time, a
<br />*~*MAXIMUM PRINCIPAL AMOUNT (EXCLIIDiNG PROTEC`T'IVE ADVANCES)'** of Five
<br />Thousand and 00/100 Dollars (U.S. $5,000.00) ("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 September 15,
<br />2015. Phis 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 trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the
<br />following described property located in the COLINT'Y of HALL, State of Nebraska:
<br />Address: 3027 W CAPITAL AVE STE 18, GRAND ISLAND, Nebraska 68803-1809
<br />Legal Description: SU['I'E NO EIGIITEEN (18) AND GARAGE II, "B" WINDSOR. SQLJARE
<br />CONDOMINIUM PROPERTY REGIME, BEING PART OF UNIT TWO (2) LOT TWO (2) BLOCK
<br />EIGHT (8) REPEAT' CONTINENTAL GARDENS, AN ADDITION TO 'THE CITY OF GRAND
<br />ISLAND, HALL, COUNTY, NEBRASKA
<br />"1"OGETHER 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 Instnunent 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 az~d that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants acad. 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 azad
<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 teen "Applicable Law" shall mean all controlling
<br />applicable federal, state and local statutes, regulations, ordinances and administrative nzles and orders (that have
<br />the effect of law) as well as all applicable real, non-appealable ,judicial opinions.
<br />Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines and impositions attributable to the
<br />Property wlaiclz znay 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 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 flae
<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 />¢? 2004-2(109 Compliance Systems, Inc 00217-45(.73 - 2009,1236N
<br />Consumer' ReFl) ~stnte - Saau~ity Instrument UL207(; Page 1 of 5 ~~ww,compliancesystems.com
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