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201300329
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Last modified
8/19/2014 2:21:48 PM
Creation date
1/15/2013 8:07:28 AM
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DEEDS
Inst Number
201300329
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t <br />..41 \ <br />6 <br />r <br />0 r o aim <br />A , \ <br />co G - <br />Z <br />G � <br />co \ H <br />h <br />D <br />t <br />S,� <br />SPACE ABOVE THIS LINE FOR RECORDERS USE <br />REVOLVING CREDIT DEED OF TRUST <br />THIS DEED OF TRUST CONTAINS A DUE -ON -SALE PROVISION AND SECURES INDEBTEDNESS UNDER A CREDIT AGREEMENT WHICH <br />PROVIDES FOR A REVOLVING LINE OF CREDIT AND MAY CONTAIN A VARIABLE RATE OF INTEREST. <br />THIS DEED OF TRUST ( "Security Instrument ") made on December 28, 2012 <br />TheTrustoris Daniel J Nitzel, a single person <br />which has the address of 2231 1 1 0th St <br />(Street) <br />, Nebraska 68803 <br />(CM (Zip Code) <br />® CUNA MUTUAL INSURANCE SOCIETY, 1991, 2001, ALL RIGHTS RESERVED <br />PAGE 1 <br />I <br />O <br />Lot 8, Block 8, Dill and Huston's Addition and east 1/2 of <br />vacated Beta Street, Grand Island, Ne <br />ENE997 <br />The Trustee is Central Nebraska Federal Credit Union ("Borrower ("Trustee <br />( Trustee e "). <br />The Beneficiary is Central Nebraska Federal Credit Union <br />a corporation organized and existing under the laws of Nebraska <br />whose address is 609 S Locust, Grand Island, NE 68801 <br />( "Lender "). <br />IN CONSIDERATION of the indebtedness herein recited and the trust herein created; <br />TO SECURE to Lender: <br />(1) The repayment of all indebtedness due and to become due under the terms and conditions of the LOANLINER® Home Equity <br />Plan Credit Agreement and Truth -in- Lending Disclosures made by Borrower and dated the same day as this Security <br />Instrument, and all modifications, amendments, extensions and renewals thereof (herein "Credit Agreement "). Lender has <br />agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of a revolving nature <br />and may be made, repaid, and remade from time to time. Borrower and Lender contemplate a series of advances to be <br />secured by this Security Instrument. The total outstanding principal balance owing at any one time under the Credit <br />Agreement (not including finance charges thereon at a rate which may vary from time to time, and any other charges and <br />collection costs which may be owing from time to time under the Credit Agreement) shall not exceed <br />Rlpvpn Thousand ThrPP hnncired Twenty Five dollars & Thirty two cents <br />($ 11,3 ). That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit <br />Agreement as the Credit Limit. On the Final Payment Date, 5 years from the date of this Security Instrument, <br />the entire indebtedness under the Credit Agreement, if not paid earlier, is due and payable. <br />(2) The payment of all other sums advanced in accordance herewith to protect the security of this Security Instrument, with <br />finance charges thereon at a rate which may vary as described in the Credit Agreement. <br />(3) The performance of Borrower's covenants and agreements under this Security Instrument and under the Credit Agreement. <br />BORROWER irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall , State of Nebraska: <br />Grand Island (herein "Property Address "); <br />
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