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<br />THI5 INSTRUMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 5outh Locust Street
<br />GRAND ISLAND, NE 68801
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<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust 5treet
<br />GRAND ISLAND, NE 68801
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST� ,�� S �
<br />THIS DEED OF TRUST ("Security Instrument") is made on October 21, 2011. The grantors are JAMES F
<br />GREEN and VANESSA A GREEN, HUSBAND AND WIFE, whose address is 607 SWAN LN, GRAND
<br />ISLAND, Nebraska 68801-8628 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who
<br />sign the Equity - Line of Credit ("Contract"). The obligations of Bonowers who did not sign the Contract are
<br />explained further 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. Boz 790, Grand
<br />Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & 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 />South Locust 5treet, Grand Island, Nebraska 68801 ("Lender"). JAMES F GREEN and VANESSA A GREEN
<br />have entered into a Contract with Lender as of October 21, 2011, under the terms of which Borrower may, from
<br />time to rime, obtain advances not to exceed, at any time, a**�MAXIMiJM PRINCIPAL AMOLTNT
<br />(EXCLUDING PROTECTIVE ADVANCES)�'�* of Five Thousand and 00/100 Dollars (U.S. $5,000.00)
<br />("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make advances to
<br />Borrower is advised to consult directly with I.ender. If not paid earlier, the sums owing under Bonower's Contract
<br />with Lender will be due and payable on November 15, 2016. This Security Instrument secures to Lender: (a) the
<br />repayment 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 performance of Bonower's covenants and agreements under this Security Instnnnent and the Contract.
<br />For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and
<br />conveys to Trustee, in trust, with power of sale, the following described property located in the COLTNTY of
<br />HALL, State ofNebraska:
<br />Address: 607 SWAN I:N, GRAND ISLAND, Nebraska 68801-8628
<br />Legal Description: LOT SEVEN ('n, EAGLEWOOD ACRES SUBDIVISION, HALL COUNTY,
<br />NEBRASKA
<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 Securiry Insmzment. All of the foregoing is referred to in this 5ecurity 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 Properiy and that the Properiy is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Properiy against all claims and demands, subject to
<br />any encumbrances of record.
<br />Borrower and Lender 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 charges due under the Contract.
<br />Applicable Law. As used �n 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 effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />� 2004-201 I Compliance Systems, Inc. ADCD11D9D - 2010LI.15.46I
<br />Cousuma Real Estate - Security Ivstrument DL2036 Page I of 5 www.complieacesystems.com
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