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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 al <br />Truth-in-Lending Disclosures made by Borrower and dated the same day as this Security Instrument, and all modifications, amendments, extensions and renew, <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 <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 Securi <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 m <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 />THIRTY THOUSAND AND 00/100 DOLLARS <br />IS S 30000.00 ►. That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit Agreement as the Credit Limit. On the Fir <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 payabl <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 />LOTS SIXTY (60) AND SIXTY -ONE (61), LEHEIGHTS FOURTH <br />SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />has the address of <br />GRAND ISLAND <br />4226 MANCHESTER RD <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 11120 1 <br />: <br />n U) <br />O <br />M <br />M <br />- <br />MIn <br />R( n Z <br />rn <br />- <br />D <br />F"T <br />�. `_ 7 <br />—+ rT1 <br />� <br />- <br />o <br />CD n >- v <br />� <br />`� <br />-1 t <br />w <br />` <br />s <br />L2 <br />Fri <br />=:J <br />CD <br />I <br />r— <br />N <br />�a <br />co <br />C73 <br />cl <br />R` i <br />LIi <br />w <br />0 <br />SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />REVOLVING <br />CREDIT DEED OF TRUST <br />THIS DEED OF TRUST CONTAINS A DUE -ON -SALE PROVISION AND <br />SECURES <br />INDEBTEDNESS <br />UNDER A <br />CREDIT AGREEMENT WHICH PROVIDES FOR A REVOLVING LINE OF CREDIT <br />AND MAY CONTAIN A <br />VARIABLE <br />RATE OF INTEREST. <br />THIS DEED OF TRUST ( "Security Instrument ") is made on <br />01/16/2004 <br />The Trustor is <br />LARRY D MORRIS PATTY A MORRIS HUSBAND AND WIFE <br />('Borrower "). The Trustee is Centris Federal Credit Union <br />( "Trustee'). <br />The <br />Beneficiary is <br />Centris Federal Credit Union <br />a corporation <br />organized <br />and existing <br />under <br />the laws of <br />united States Federal Credit Union Act <br />whose address is <br />343 N 114 <br />Street, Omaha, <br />NE 68154 <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 al <br />Truth-in-Lending Disclosures made by Borrower and dated the same day as this Security Instrument, and all modifications, amendments, extensions and renew, <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 <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 Securi <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 m <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 />THIRTY THOUSAND AND 00/100 DOLLARS <br />IS S 30000.00 ►. That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit Agreement as the Credit Limit. On the Fir <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 payabl <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 />LOTS SIXTY (60) AND SIXTY -ONE (61), LEHEIGHTS FOURTH <br />SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />has the address of <br />GRAND ISLAND <br />4226 MANCHESTER RD <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 11120 1 <br />