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RECORDATION REQUESTED BY:
<br />NAFCO NE FEDERAL CREDIT UNION
<br />2115 W. STATE, PO BOX 11508
<br />GRAND ISLAND NE 68802 -1508
<br />�AIHE ECORDED MAIL T0:
<br />CO N- ERAL CREDIT UNION
<br />2115 W. STATE, PO BOX 11508
<br />GRAND ISLAND NE 68802 -1508
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<br />SPACE ABOVE THIS LINE IS FOR RECORDERS USE ONLY
<br />REVOLVING CREDIT DEED OF TRUST
<br />AMOUNT OF PRINCIPAL INDEBTEDNESS: $ 35.000.00
<br />THIS DEED OF TRUST IS DATED February 1. 2001 , among
<br />EDWIN R SISSON AND MARIAN G SISSON- HUSBAND AND WIFE
<br />whose address is 4410 STONERIDGE PATH, GRAND Tsi AND NF 68801
<br />(referred to below as "Grantor "); NAFCO NE Federal Credit Union, whose address Is
<br />Island, NE 68=— (referred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation organized and existing
<br />under the laws of NEBRASKA ;and
<br />RONALD DePUE . ATTORNEY , whose address is
<br />Z NORWEST BANK BUILDING 202 W 3RD, GRAND T9ir AND NE 68801 (referred to below as "Trustee ").
<br />1. CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys to Trustee Intrust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Grantor's right, title, and interest in and to the following described real property, together with all existing or subsequently
<br />erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights
<br />(including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation
<br />any rights Grantor later acquires in the fee simple title to the land, subject to a Lease, if any, and all minerals, oil, gas, geothermal and similar matters,
<br />located in HALL COUNTY , State of Nebraska (the "Real Property"):
<br />LOT FIFTEEN (15), EAGLEWOOD ACRES SUBDIVISION, HALL COUNTY, GRAND ISLAND, NEBRASKA
<br />The Real Property or its address is commonly known as
<br />4410 STONERIDGE PATH, GRAND ISLAND ,NE, 68801
<br />Grantor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Grantor's right, title, and interest in and to all present and
<br />future leases of the Property.
<br />2. DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise defined in this Deed
<br />of Trust shall have the meanings attributed to such terms in the Nebraska Uniform Commercial Code.
<br />Beneficiary. The word "Beneficiary" means NAFCO NE Federal Credit Union, its successors and assigns. NAFCO NE Federal Credit Union also
<br />is referred to as "Lender" in this Deed of Trust.
<br />Borrower. The word "Borrower" means each and every person who signs the LOANLINERO Home Equity Plan Credit Agreement secured by this
<br />Deed of Trust.
<br />Credit Agreement. The words "Credit Agreement" mean the revolving credit agreement dated 02 -01 -01 , with a credit limit
<br />in the amount of $35,000.00 , between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and substitutions for the Credit Agreement. The maturity date of this Deed of Trust, which is the date by which all
<br />Indebtedness under the Credit Agreement and this Deed of Trust is due is 02 -01 -11 NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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