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<br />(Space Above This I,ine For Rccording Dala)
<br />_ D�E� OF. TRUS'�_
<br />THIS DEED OF TRUST ("Security lnstrument") is made on Octaber 26, 2010. The grantor is CAROL A
<br />SAG.EHURN, A SING�� FERSON, whose address is 1119 PLEASANT VI.EW DR, GRANI) ISLAND,
<br />Nebraska 68801-8080 ("Borrower"), �3orrower is not necessarily the same as the Person or Persons who sign the
<br />Note. The obligations of Borrowers who did not sign the Note ara explained further in the section citled
<br />Successors and Assigns Bound; Joint and Several Liability; AccommodAtion Sigtters. The lrustee is Arend
<br />R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary
<br />is Hame Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws
<br />of the United States of America and wl�ose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). CAROL A SAGEHORN owes I.,ender the principal sum of Eight Thousand Five IIundred
<br />Eighty-six and SO/100 Dollars (U.S. $8,5$6.50), which is evidenced by the note, consumer loan a�reement, or
<br />si�nilar writing dated the satne date as this Security instrument (the "Note"), which provides for rnonthly payments
<br />("Periadic Payments"), with the fii11 debt, if not paid eatlier, due and payable ��n March _5, 2011. This Security
<br />lnstrument secures to Lender: (a) tlie repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modiCcalions of tlae Note; (b) the payment of all other sums, with interest, advanced to protect the
<br />security of this Security Instrutnent under the provisions of the section titled Protection of Lender's Rights in the
<br />Property; and (c) the perforn�ance of Borrower's covenants and agreements under this Security Instrurnent and d�e
<br />Note. For this purpose, Borrower, in consideration of the debt and the tnast herein created, irrevocably grants and
<br />conveys to Trustee, in tntst, widi power of sale, the following described property located in the COiJN1'Y of
<br />FIALL, State of Nebraska:
<br />Address: 1119 PLEASANT VIEW DR, GR�,ND ISLAND, Nebraska 68801-8080
<br />Legal Description: BLOCK TWO (2) LOT EIGHT (8) PLEASANT VIF,W 12th SUBDIVISION,
<br />CITY OF GRAND ISLAND, �IALL COUNTY, NEBRASKA
<br />TOGETHER WITH all the improvements now or hereafter eracted an the property, and all easements,
<br />appurtenances, and fixtures npw or hereafter a part of the pcoperty. 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 />BORROW�R COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has tl�e 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 pf 12 CFR 226.32. Borrower acknowledges tlaat Borrower has received the disclosures
<br />prescribed by 12 CFR 226.32 at least three business days prior to the execulion of the Note and this Security
<br />lnstrument, or as otherwi5e required by 12 CFR 226.31. Borrower and Lender further acknowledge and agree that
<br />this Security Instrument will secure additional debt subject to l2 CFR 226.32 only if I,ender satisfies the necessary
<br />requirements imposed on such debt imposed by 1.2 CFR 226.32 and Applicable Law.
<br />Borrower and Lender covenant and agre� as follaws:
<br />Yayment 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 u��der tlze
<br />Nvte.
<br />Applicable Law. As used in this Security lnstruxnent, the term "Applicable Law" shall mean all controlling
<br />applicable federal, state and local stahrtes, regulations, ordinances and administrative rules and orders (tliat have
<br />the effect ot'law) as well as all applicable final, non-appealable judicial opinions.
<br />Funds for Taxes and Insurance. At L,ender's request and subject to Applicable Law, Borrower sl�all pay to
<br />Lender on the day periodic payments are due under the Note, until the Note is �aid in full, a sum ("Funds") for: (a)
<br />yearly taxes and assessments which may attain priority over this 5ecurity Instrument as a lien on the Property; (b)
<br />yearly leasehold payments or ground rents on the Froperty, if any; (c) yearly hazard or property insurance
<br />premiums; (d) yearly flood insurance premiums, it' any; (e) yearly mortgage insurance premiums, if any; and (fl
<br />any sums payable by Borrower to Lender, in accocdance with the provisions of tkie paragraph titled Mortgage
<br />Insurance, iz� lieu of the paymex�t of mortgage insurance premiums. T�hese items are called "Escrow Items."
<br />c�� zuoa-�uo9 compiiancz s mc. oozn-sn��a - zoov. iz.�6s
<br />CnnswnZr Renl �slnte - Szcurity Instrumenl 17I.2036 Pag@ I ot�6
<br />� www.cnmplia�icesystems.cnm
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