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SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />REVOLVING CREDIT DEED OF TRUST
<br />AMOUNT OF PRINCIPAL INDEBTEDNESS: S 11,500.00
<br />THIS DEED OF TRUST IS DATED April 2, 2000 , among JOYCE A. TAYLOR q
<br />AND JOHNNY TAYLOR WIFE AND HUSBAND
<br />whose address Is 1124 WEST 11TH STREET GRAND TSLAND. NF 689111
<br />(referred to below as "Grantor "); NAFCO NE Federal Credit Union, whose address is 112 N' CEDAR, "PO BOX 1508, GRAND
<br />Island, HE 68802 (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 />NORWEST BANK BUILDING 202 WEST 3RD, GRAND ISLAND, NE 68801 (referred to below as -Trustee ").
<br />1. CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Grantors 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 />anX hts 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 CnTTNTV , State of Nebraska (the "Real Property"):
<br />LOT 6, BLOCK 4, GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 1124 WEST 11TH STREET,
<br />GRAND ISLAND NE, 68801
<br />Grantor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Grantors 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 LOANLINERM 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 04 -02 -2000 , with a credit limit
<br />in the amount of $ 11,500.00 between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and substitutions for the redit 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 04 -02 -2010 NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />REVOLVING CREDIT DEED OF TRUST
<br />AMOUNT OF PRINCIPAL INDEBTEDNESS: S 11,500.00
<br />THIS DEED OF TRUST IS DATED April 2, 2000 , among JOYCE A. TAYLOR q
<br />AND JOHNNY TAYLOR WIFE AND HUSBAND
<br />whose address Is 1124 WEST 11TH STREET GRAND TSLAND. NF 689111
<br />(referred to below as "Grantor "); NAFCO NE Federal Credit Union, whose address is 112 N' CEDAR, "PO BOX 1508, GRAND
<br />Island, HE 68802 (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 />NORWEST BANK BUILDING 202 WEST 3RD, GRAND ISLAND, NE 68801 (referred to below as -Trustee ").
<br />1. CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Grantors 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 />anX hts 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 CnTTNTV , State of Nebraska (the "Real Property"):
<br />LOT 6, BLOCK 4, GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 1124 WEST 11TH STREET,
<br />GRAND ISLAND NE, 68801
<br />Grantor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Grantors 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 LOANLINERM 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 04 -02 -2000 , with a credit limit
<br />in the amount of $ 11,500.00 between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and substitutions for the redit 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 04 -02 -2010 NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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