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201904069
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Last modified
12/9/2019 6:25:39 PM
Creation date
7/15/2019 3:31:46 PM
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DEEDS
Inst Number
201904069
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rzt FIT <br />CD <br />N REVOLVING CREDIT DEED OF TRUST <br />THIS DEED OF TRUST CONTAINS A DUE -ON -SALE PROVISION AND SECURES INDEBTEDNESS <br />UNDER A CREDIT AGREEMENT WHICH PROVIDES FOR A REVOLVING LINE OF CREDIT AND <br />MAY CONTAIN A VARIABLE RATE OF INTEREST. <br />THIS DEED OF TRUST ("Security Instrument") is made on 06/17/2019 . The Trustor is <br />WHEN RECORDED, MAIL TO: TRIUS FEDERAL CREDIT UNION <br />PO BOX 1329 <br />KEARNEY, NE 68848 <br />Greg E. Nielsen, a single person <br />("Borrower"). The Trustee is TRIUS FEDERAL CREDIT UNION ("Trustee"). <br />The Beneficiary is Trius Federal Credit Union <br />a corporation oraanized and existina under the laws of <br />THE STATE OF NEBRASKA ., whose address is <br />Trius Federal Credit Uninn <br />Kearney. NE 68848-1329 <br />KEARNEY. NE 68847-0000 ("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 <br />of the LOANLINER Home Equity Plan Credit Agreement and Truth -in -Lending Disclosures <br />made by Borrower and dated the same day as this Security Instrument, and all <br />modifications, amendments, extensions and renewals thereof (herein "Credit Agreement"). <br />Lender has agreed to make advances to Borrower under the terms of the Credit <br />Agreement, which advances will be of a revolving nature and may be made, repaid and <br />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 <br />one time under the Credit Agreement (not including finance charges thereon at a rate <br />which may vary from time to time, and any other charges and collection costs which may <br />be owina from time to time under the Credit Aareementl shall not exceed <br />NINETEEN THOUSAND AND SIX HUNDRED FIFTY <br />($ 19,650.00 ). That sum is referred to herein as the Maximum Principal Balance and <br />referred to in the Credit Agreement as the Credit Limit. On the Final Payment Date, 20 <br />years from the date of this Security Instrument, the entire indebtedness under the Credit <br />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 <br />this Security Instrument, with finance charges thereon at a rate which may vary as <br />described in the Credit Agreement. <br />(3) The performance of Borrower's covenants and agreements under this Security Instrument <br />and under the Credit Agreement. <br />C CUNA MUTUAL GROUP, 1991, 2005, 11, ALL RIGHTS RESERVED ENE998-e <br />9474 <br />ENTERED AS INSTRUMENT NO <br />
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