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<br />(Sp�ice Above'I'his Line For Recording Data)
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />THIS DEED OF TRUS`I" ("Securily Instxument") is made on November 19, 2010. The grantors are A,E. VAN
<br />WIE and CONNIE J VAN WIE, VAN WIE REAL ESTATE, LTD. A NEBRASKA LIMITED
<br />�._ PARTNERSHIP BY A.E. VAN WIE, GENERAI, PARTNER AND CONNIE J. VAN W1E, GENERAL
<br />PARTNER, whose address is 2203 W FAIDLEY, GRAND ISLAND, Nebraska b8803 ("Borrower"). I3�rrower
<br />is not necessarily the same as the Person or Persons who sign the Contract. The obligations of Borrowers who did
<br />not sigtt the Contract are explained further in the section titled Successors and Assigns Bound; Joint and
<br />Several Liability; Accommodation Signers. The trustee is Arend R. BaACk, Attorney whose address is P.O.
<br />Sox 790, Grand Island, Nebraska b8802 ("Trustee"). The beneficiary is Home Federal Savings & Loan
<br />Association of Grand Isl�nd, which is organized and existing under the laws of the United States of America and
<br />whose address is 221 South Locust Street, Grand Island, Nebraska b8801 ("I,ender"). A.E. VA1V WIE and
<br />CONNIE J VAN WIE have entered anto a Equity - Line of Credit ("Contract") with I.,ender as of November
<br />19, 201U, under the terms of which Borrower may, frprn time to time, obtain advances not to exceed, at any time, a
<br />***1VIAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Twenty
<br />Thousand and 00/l0U Dollars (U.S. $20,000.00) ("Credit Limit"). Any party i�iterested in the details relaled to
<br />Lender's continuing obligation to make advances ta Bonrower is advised tp cansult diarectly with Lender. If not
<br />paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on December 15,
<br />2015. This Security Instrument secures to Lender: (a) the repayment of Che debt under the Contract, with interest,
<br />including future advances, az�d all renewals, extensions az�d modifications of the Contract; (b) the payment of all
<br />ather sums, with interest, advanced to protect the security of this Security Instrument under the provisio��s o�' the
<br />section titled �rotection of Lender's Rights in the Property; and (c) the performance of Borrower's cove��a��ts
<br />and agreements under this Security Instrument and the Contract. For this purpose, Borrow�r, in consideration of
<br />the debt and the trust herein created, ircevocably grants and conveys to Trustee, in trust, with power nf sale, the
<br />following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 2203 W FAIDLEY, GRAND ISLAND, Nebraska 68803
<br />Legal Description: ALI., OF LUTS ONE (1) AND 7'WO (2), AND ALL OF LOT TI�REE (3),
<br />FXCEP'T THE SOUTII SEVENTEEN FF;.�'I' (S17') T�IEREOF, ALL IN BELMON't' ADDITION TO
<br />THE CITY OF GRANll 1SLAND, HALL COUNTY,,NEI3RASKA
<br />T'OGETHER WITH all tfie improveznents now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or herea£ter a part pf the property. All replacements and additions �hall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this 5ecurity Instrument as the
<br />��Property."
<br />BORROWER CQVENANTS tktat 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 Lendcr covenant and agree as follows:
<br />Payment of Principal and Interest; Other Charges. Borrower shall promptly pay when due the �rancipal 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 effcct of law) as well as all applicable final, non-appealable judicial opinions.
<br />Charges; Liens. Borrower shall pay all taxes, assessments, charges, rnes and impositions attributable to t�ie
<br />Property wliicla may attain priority over this Security Instrutnet�t, 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 Bormwer: (a)
<br />agrees in writing to the payment af the obligation secured by the lien in a manner acceptable to Lender; (b)
<br />contesCs in good faith the lien by, or defends against enforceznent of the lien in, le�al proceedings which in the
<br />Lender's opinion operate to prevent the �nforcement of the licn; or (c) sec'ures from the holder of the lien an
<br />C� 2004-2009 Compliunee Systems, Inc, 002U-52U9 - 2009.1236R
<br />Cnnsumer Real Estate - Security Insnument 6L2036 Page 1 of 5 � www.compliancesystems.com
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