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REVOLVING CREDIT DEED OF TRUST 31
<br />THIS DEED OF TRUST CONTAINS A DUE -ON -SALE PROVISION AND SECURES INDEBTEDNESS UNDER A
<br />CREDIT AGREEMENT WHICH PROVIDES FOR A REVOLVING LINE OF CREDIT AND MAY CONTAIN A VARIABLE
<br />RATE OF INTEREST.
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on
<br />JAMES D MCCLELLEN SHARI L MCCLELLEN HUSBAND AND WIFE
<br />01/05/2004 . The Trustor is
<br />orrower "). The Trustee is Centris Federal Credit Union
<br />Centris Federal Credit Union I a corporation organized
<br />'cited States Federat Credit Union Act whose address is 343 N 114
<br />( "Trustee "). The Beneficiary is
<br />and existing under the laws of
<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 Plan Credit Agreement and
<br />Truth -in- Lending Disclosures made by Borrower and dated the same day as this Security Instrument, and all modifications, amendments, extensions and renewals
<br />thereof (herein "Credit Agreement "). Lender has agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of a
<br />revolving nature and may be made, repaid and remade from time to time. Borrower and Lender contemplate a series of advances to be secured by this Security
<br />Instrument. The total outstanding principal balance owing at any one time under the Credit Agreement (not including finance charges thereon at a rate which may
<br />vary from time to time, and any other charges and collection costs which may be owing from time to time under the Credit Agreement) shall not exceed
<br />TEN THOUSAND AND 00/100 DOLLARS
<br />($ $ 10000.00 1. That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit Agreement as the Credit Limit. On the Final
<br />Payment Date, years from the date of this Security Instrument, 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 finance charges thereon at a rate which
<br />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 County of
<br />HALL , State of Nebraska:
<br />LOT SEVEN (7) AND THE NORTHERLY TEN (10) FEET OF LOT NINE
<br />(9), BLOCK NINETEEN (19), IN UNIVERSITY PLACE, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />has the address of
<br />GRAND ISLAND
<br />2020 N SHERMAN BLVD
<br />(City)
<br />CUNA MUTUAL INSURANCE SOCIETY, 1991, ALL RIGHTS RESERVED
<br />(Street)
<br />Nebraska 68803 (herein "Property Address ");
<br />(Zip Code)
<br />ENE995 (LASER) 6849LL Revised 10/2001
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<br />REVOLVING CREDIT DEED OF TRUST 31
<br />THIS DEED OF TRUST CONTAINS A DUE -ON -SALE PROVISION AND SECURES INDEBTEDNESS UNDER A
<br />CREDIT AGREEMENT WHICH PROVIDES FOR A REVOLVING LINE OF CREDIT AND MAY CONTAIN A VARIABLE
<br />RATE OF INTEREST.
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on
<br />JAMES D MCCLELLEN SHARI L MCCLELLEN HUSBAND AND WIFE
<br />01/05/2004 . The Trustor is
<br />orrower "). The Trustee is Centris Federal Credit Union
<br />Centris Federal Credit Union I a corporation organized
<br />'cited States Federat Credit Union Act whose address is 343 N 114
<br />( "Trustee "). The Beneficiary is
<br />and existing under the laws of
<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 Plan Credit Agreement and
<br />Truth -in- Lending Disclosures made by Borrower and dated the same day as this Security Instrument, and all modifications, amendments, extensions and renewals
<br />thereof (herein "Credit Agreement "). Lender has agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of a
<br />revolving nature and may be made, repaid and remade from time to time. Borrower and Lender contemplate a series of advances to be secured by this Security
<br />Instrument. The total outstanding principal balance owing at any one time under the Credit Agreement (not including finance charges thereon at a rate which may
<br />vary from time to time, and any other charges and collection costs which may be owing from time to time under the Credit Agreement) shall not exceed
<br />TEN THOUSAND AND 00/100 DOLLARS
<br />($ $ 10000.00 1. That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit Agreement as the Credit Limit. On the Final
<br />Payment Date, years from the date of this Security Instrument, 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 finance charges thereon at a rate which
<br />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 County of
<br />HALL , State of Nebraska:
<br />LOT SEVEN (7) AND THE NORTHERLY TEN (10) FEET OF LOT NINE
<br />(9), BLOCK NINETEEN (19), IN UNIVERSITY PLACE, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />has the address of
<br />GRAND ISLAND
<br />2020 N SHERMAN BLVD
<br />(City)
<br />CUNA MUTUAL INSURANCE SOCIETY, 1991, ALL RIGHTS RESERVED
<br />(Street)
<br />Nebraska 68803 (herein "Property Address ");
<br />(Zip Code)
<br />ENE995 (LASER) 6849LL Revised 10/2001
<br />
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