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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 DEED OF TRUST ("Security Instrument") is made on August 9, 2011. The grantors are DANIEL R
<br />ZABKA and DENI5E R ZABKA., TRUSTEES, or their successars in trust, under the DENISE R ZABKA
<br />LIVING TRUST, dated December 18 ,2002, whose address is 2319 RIVERVIEW DR, GRAND ISLAND,
<br />Nebraska 68801 ("Bonower"). Bonower is not necessarily the same as the Person or Persons who sign the
<br />Equity - Line of Credit ("Contract"). The obligations of Borrowers who did not sign the Contract are explained
<br />further in the section titled Successors and Assigns Bound; Joint and Several Liability; Accommodation
<br />Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska
<br />68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand Island, which is
<br />organized and existing under the laws of the United States of America and whose address is 221 South Locust
<br />Street, Grand Island, Nebraska 68801 ("Lender"). DANIEL R ZABKA and DENISE R ZABKA have entered
<br />into a Contract with Lender as of August 9, 2011, under the terms of wlvich Borrower may, from time to time,
<br />obtain advances not to exceed, at any tinne, a�*�MAXIMUM PRINCIPAL AMOUNT (EXCLUDING
<br />PROTECTIVE ADVANCES)'�*� of One Hundred Thousand and OOJ100 Dollars (U.S. $100,000.00) ("Credit
<br />Limit"). Any party interested in the details related to Lender's continuing obligation to make advances to Borrower
<br />is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with
<br />Lender will be due and payable on August 15, 2016. This Security Instrument secures to Lender: (a) the
<br />repayrnent of the debt under the Contract, with interest, including future advances, and all renewals, extensions and
<br />modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of
<br />this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property;
<br />and (c) the perfortnance of Borrower's covenants and agreements under this Security Instrument and the Contract.
<br />For this purpose, Borrower, in consideration of the debt and the mzst herein created, inevocably grants and
<br />conveys to Trustee, in trust,, with power of sale, the followiug described property located in the COLJNTI' of
<br />HALL, State of Nebraska:
<br />Address: 2319 RNERVIEW DR, GRAND ISLAND, Nebraska 68801
<br />Legal Description: LOT ONE (1) IN LIVERMORE SUBDIVISION IN THE CITY OF GRAND
<br />I5LAND, HALL COLTNTY, NEBRA5KA
<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 wartants and will defend generally the title to the Property against all claims and demands, subject to
<br />any encumbrances of record.
<br />Bonower and L,ender covenant and agree as follows:
<br />Payment of Principal and Interest; Other Charges. Borrower shall promptly pay when due the principal of and
<br />interest on the debt owed under the Contract and late charges or any other fees and chazges 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 admuiistrative rules and orders (that have
<br />the effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />Charges; Liens. Borrower shall pay all ta�ces, assessments, charges, fines and impositions attributable to the
<br />Property which may 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 payrnents.
<br />Bonower 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 the
<br />L,ender'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 deterxrunes that any
<br />8 2004-20I0 Compliance Systems, Inc. EEOB-8BF1 - 2010.03378
<br />Consumer Real Estate - Security Instrument DL2036 Page 1 of 5 www.compliancesystems.com
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