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<br />THIS INSTRUMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />Grand Island, NE 68801
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<br />AFTER RECORDING RETURN TO:
<br />Home Federal5avings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />Grand Island, NE 68801
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<br />(Space Above This Line For Recording Data)
<br />D�EI) OF �RUST
<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 29, 2011. The grantors are JOSHUA R
<br />SIKES and KASSANDRA E SIKES, HUSBAND AND WI�E, whose address is 3821 ROCHDALE CIRCLE,
<br />GRAND ISLAND, Nebraska 68803 ("Borrower"). Bonower is not necessarily the same as the Person or Persons
<br />who sign the Equity - L'vne of Credit ("Contract"). The obligations of Bonowers wha did ttot aign the Contract
<br />aze explained fiuther 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 68802 ("Trustee"). The beneficiary is Home Federal 5avings & 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 />Sauth Locnst Street, Grand Island, Nebraska 68801 ("Lender"). JOSHUA R SII�5 and KASSANDRA E
<br />SIKE5 have entered into a Contract with Lender as of August 29, 2011, under the terms of which Borrower may,
<br />from time to time, obtain advances not to exceed, at any time, a**�MAXINIiJM PRINCIPAL AMOUNT
<br />(EXCLUDING PROTECTIVE ADVANCES)*** of Seventeen Thousand and 00/100 Dollars (U.S.
<br />$17,000.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make
<br />advances to Bonower is advised to consult directly with L�nder. If not paid earlier, the sutns owing under
<br />Borrower's Contract with Lender will be due and payable on August 23, 2016. This Security Instrument secures to
<br />Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and all
<br />renewals, extensions and modifications of the Coniract; (b) the payment of all other sums, with interest, advanced
<br />to protect the security of this Security Instrument under the provisions of the section titled Pxotection of Lender's
<br />Rights in the Property; and (c) the perFormanae of Bonower's covenants and agreemeuts under this Security
<br />Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust hereln created,
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />the COUNTY of HALL, State of Nebraska:
<br />Address: 3821 ROCHDALE CIRCLE, GRAND ISLAND, Nebraska 68803
<br />Legal Description: LOT EIGHT (8) KENTISH HILLS SUBDIVISION IN THE CITY OF GRAND
<br />I5LAND, HALL COUNTY, NEBRASKA.
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all aasements,
<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 refened to in this Security Instrument as the
<br />"Property."
<br />BORROWLR COVENANTS that Borrower is lawfully seised of the estate hereby aanv�yed and has the right ta
<br />grant and convey the Property and that the Property is unencumbered, except far encuinbrances of record.
<br />Borrower warrants and will defend generally the tifle to the Property against all claims �nd demands, subject to
<br />any encumbrauces of record.
<br />Bonower and Lender covenant and agree as follows:
<br />Payment of Principal and Interest; Other Charges. Borrower shall promptly pay wheA dus the principal of and
<br />interest on the debt owed under the Contract and late charges or any other fees and char$es due ullder the Contract.
<br />Applicable Law. As used in this Security Instrument, the term "Applicable Law" shall �an 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 />� 2004-2011 Compliance Systems, Inc. ADCD-3('85 - 2010L1.15.461
<br />Conswner Real Eatate - Security Instrument DI,2036 Page 1 of 5 www.compliancesyatems.com
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