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<br /> RECORDATION RE�UESTED BY: � � ,, (
<br /> � NAFCO NE FEDERAL CREDIT UNION .�, � ��,, .,` � � u, r,r.y
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<br /> ..e. 112 N. CEDAR � N Z � � D � �
<br /> P.0. BOX ��1129 � � �' '`
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<br /> G R A N D I S L A N D N E 68802-1129 � _ � - - rn � -c o �
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<br /> WHEN RECORDED MA1L T0: o`�`� t,n -r, Z ti—• `".
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<br /> NAFCO NE FEDERAL CREDIT UNION � o L',� � n � � �-
<br /> � 112 N. CEDAR "� a 3 � � � �
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<br /> P.0. BOX ��1129 �' � � ro
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<br /> GRAND ISLAND NE 68802-1129 ,,_,,�
<br /> SEND TAX NOTICES T0: � U' � o
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<br /> n/a ��_ 1t.l399`�
<br /> SPACE ABOVE THIS LINE IS FOR RECORDERS USE ONLY
<br /> �
<br /> REVOLVING CREDIT DEED OF TRUST �
<br /> „�
<br /> AMOUNT OF PRINCIPAL IND�TEDNESS:S 20,OOO.00
<br /> THIS DEED OF TRUST IS DATED
<br /> 03-29-99 ,amonfl BYRON KARR AND KARLA KARR,
<br /> HUSBAND AND WIFE
<br /> whose address is 2828 INDEPENDENCE AVENUE, GRAND ISLAND, NE 68803
<br /> (referred to below as "Gran2or"); NAFCO NE Federol Credit Union, whose address is 3636 West Stoiley Park Road, P•O• Box 4911, Grend
<br /> Island, NE 6a802-49t 7 (referred ta be�aW sometimes as "Lender" and sometimes as "Beneficiary"), a corporation orqani2ed and existing
<br /> ;end
<br /> under the laws ot NEBRASKA
<br /> TICOR TITLE INSURANCE COMPANY � GI ABSTRACT, ESCROW & TITLE COMPANY (reterred to beiow���ustee'1•
<br /> P.O. BOX � 627, GRAND ISLAND, NE 68802
<br /> 1. CONVEYANeflcia�DaU oAG antors rightable,an d in eres�n and o�he�ol ow ng descnbed real psopertY to9et eEwitOh als�g or sub q ently
<br /> Lender es Be �Y+
<br /> erected or affixed buiidin9s, improvements an d fi x tu r e s; a l l e a s e m e n t s, r i g h t s o f w a y, a n d a p purtenances; all water, water nghts and ditch ng
<br /> (inctuding stock in utilitie5 with ditch or irrigation rights);and all other nghts,royalties,and profits relating to the real property,inc lu ding wi t h o u t l i m i t a t i o n
<br /> any nghts Grantor later acquires in the fee simple title ��State of Nebraskae(the�f"ReainPropen�Y Ij:oil,gas, geothermal and similar matters.
<br /> located in HALL COUNTY —
<br /> LOT 10, CnPITAL HEIGHTS 6TH SUBDIVISION .
<br /> IN THE CITY OF GRAND ISLAND, HALL COUNTY, NF.BRASKA
<br /> 2828 INDEPENDENCE AVENUE, GRAND ISLAND,
<br /> The Real Propertv or its address is commonly known as , NE, �
<br /> NrBx�s� 68g03
<br /> Grantor presantly assigns to Lender(also known as Beneflciary in this Deed of Trust) all of Grantor's right, titie, 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 /> Beneflctary. The word"8eneficlarY'means NAFCO NE Federal Credit Union,its successors and assigns. NAFCO NE Federal Credit Union atso
<br /> is reterted to as'l_ender'in this Deed of Trust.
<br /> gprrowtr. The wo�d Borrower"means each and every person who signs the LOANLINER�Home Equity Plan Credit Agreement secured by this
<br /> Deed of Trust. ,with a credit limit
<br /> Cre�dit A9reement. The words"Credit Agreement" mean the revotving credit agreement dated 03-29-99
<br /> in the amount of S 20�000.00 , between Grantor and Lender, together with all renewals, extensions,
<br /> modifications, refinancings, and substitutions for the Credit AgreemenL The matunty date of this Deed NOTICE TO GRAN OR:teTF� CREDT1
<br /> Indebtedness under the Credit Agreement anC this D«3ed of Trust is due is 03-29-09
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