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<br />THIS INSTRUMENT PREPARED BY:
<br />� Home �'ederal �avings �c �oara Associataon of
<br />.� Grand Isl�nd
<br />� 221 South Loeust Street
<br />Grand Is➢and, N� 6880�
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<br />AFTER RECOIKDING RETURN TO:
<br />��o�ne �ederal S�vings & L,oan �►ssociation of
<br />�;rae►d dsl�aad
<br />221 S�aath Locust Street
<br />Grand �sl�nd, NF 68�0➢
<br />(Sp1ce Above This Line For Recording Data)
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<br />����AU�����Zi�� ����� ���� ����I�' - ���'��� l���E����� l��� .�����E�
<br />�I' '�'HIS DEED OF 'I'�2L1S'T)
<br />THIS DEED OF TRUST ("Security Instrument") is made on Septeml�er 1�, 8011. The gr•antors are ddICFIARD
<br />lt M[AS'TEN and ELJNICE J 1�![AS'1'EN, �YC1SI3t�1�1D �loiD �'Ik'E, whose address is �552 �.AiJItEi flVE,
<br />GR�ND I5I,AND, Nebraska 6�803-6522 ("Borrower"). Borrower is not necessarily the same as the Person or
<br />Persons who sign the Eq�ity - I.ine o+f CreaD�� ("�ontract"). The obligations of Borrowers who did not sign the
<br />Contract are explained further in the section tiYled Stoccessors ancl Assigrss JBoa�nd; Joent and Sever�l fi.iabiiity;
<br />Accommodation Segmers. The trustee is AYend I8. ��acflc, Attorney whose address is �'.O. �ox 790, Grand
<br />Island, Nebraska 68802 ("Trustee"). The beneficiary is I�oane �'edera9 Savings &�,o�n Associataon of Grand
<br />Isiand, which is organized and existing under tlie laws of the United States of America and whose address is 2Bl
<br />South I.ocust StY Grand Islanc�, Nebraska 68�01 ("Lender"). RICH.e►I2ID R 1VYEiSTEN and ELJI�IICE .➢
<br />MASTEN have entered into a Contract with Lender as of Septe�nber 15, BO11, under tlie terms of which
<br />Borrower may, from fime to time, obtain advances not to exceed, at any time, a**�1NIA%Il6'diJN� PItI1VC�PAL
<br />A1�OUN'I' (EXCI.iJDiNG PItO'3'EC"I"IVE �V�10ES)**�' of '�'vventy 'g'hoaesancl anel 00/100 Doll�rs (U.S.
<br />$20,000.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make
<br />advances to Borrower is advised to consult directly with Lender. If not paid earlier, t�e sums owing under
<br />Borrower's Contract with Lender will be due and payable on Oetolbe�- fl5, �Ofl6. This Security Instrument secures
<br />to Lender: (a) the repayment of 4he debt under the Contract, with interest, including fiiture advances, and all
<br />renewals, extensions and modifications of the Contract; (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 Prmtectioae of �.ender's
<br />lZights in the Property; and (c) the performance of Bonower's covenants and agreements under this Security
<br />Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust l�erein created,
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />the COUN'I`Y of H.�I.I., State of 1�lebraska:
<br />Address: 3�52 �,ESiJ� AVE, G�iVI) ISI.�IVI➢, Nebraska 68803-(S2B
<br />Legal Description: L�'I' 'Y'�ENTl' (20), IN VVES'I'IY�A➢)5 I:S'�'.4'I'ES '➢'I�YRY9 S�J�IDIV�STON,
<br />gIALL COiJlOi'1'Y, N��12A5�
<br />TOGETHER WITH all the improvemen�� naw or hereafter erected on the pmperty, 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 estata 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, subjecc to
<br />any encumbrances of record.
<br />Borrower and Lender covenant and agree as follows:
<br />Payment of Princ�pal and Interest; �9ther Chxrges. Borrower shall promptiy pay when due the principal 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 />ApplieaPole 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 admini�trative rules and orders (fihat have
<br />the effect of law) as well as all applicable final, non-appealable judicial opinions.
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<br />Consumer Real Estate - Security Instrument DL2(1?6 Page 1 oF5 �t�v�v.compliances�Rtems.com
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