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RECORDATION RE�UESTED BY: �, n �
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<br /> NAFCO NEBRASKA FEDERAL CREDIT UN�N� � � c.�G o n , �
<br /> 112 N. CEDAR rn c,s � � � z —+
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<br /> � P.O. BOX ��1129 � � � m --�'c ..�� rn � �
<br /> ' GRAND ISLAND NE Fi8802-1129 _ ' o ►•-� °
<br /> � WHEN RECORDED MAIL T0: � '� � z ,�.,. �'
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<br /> � NAFCO NEBRASKA FEDERAL CREDIT IO m "� � � �' �
<br /> � 112 N. CEDAR �°, � � � -� �
<br /> P.O. BOX ��1129 � � � �
<br /> (� GRAND ISLAND NE 68802-1129 , � �--� � ,r:.,r.
<br /> � SEND TAX NOTICES T0: �"� "' �"'" �
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<br /> g9_ 1�4991
<br /> SPACE ABOVE THIS LINE IS FOR RECORDERS USE ONLY
<br /> REVOLVING CREDIT DEED OF TRUST �'
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<br /> AMOUNT OF PRINCiPAL IND�TEDNESS:S 35,000.00 �V�
<br /> THIS DEED OF TRUST iS DATED 04-23-99 ,amony DANNY KUNZE AND SUSAN M. KUNZE,
<br /> HUSBAND AND WIFE
<br /> whosE address Is 1423 N PIPER GRAND T ST AND, NF FiRRfI'�
<br /> (reterred to below as "Grantor"); NAFCO NE Federal Credit Union, whose address is 11'l N. Cedar, P.O. Box 1129, Grand
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<br /> Island, NE 688U2�referred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation orpanized and existing
<br /> _ _
<br /> under the laws of NEBRASKA 's"d
<br /> TICOR TITLE COMPANY � GRAND ISLAND A�SZ$B,�T.. FSrRnw £� TTTT F �,�p,�Ty ,wrwse adaress is
<br /> 113 WEST 2ND, GRAND ISLAND NE 68801 (reterred to below as"Trustee").
<br /> 1. CONVEYANCE AND GRANT. For vduable considerotion, Grantor conveys to Trustee in trust, WITH POWER OF SALE,fw the benetit of
<br /> Lender as Beneftcfary,all of Grantors right,title,and interest in and to the foltowing described real property,together with all e�sting or subsequently
<br /> erected or atfixed buildings, improvemenis and fixtures; all easements, rights of way, and appu�tenances; all water, water rights and ditch rights
<br /> (includin9 stock in utilities with ditch or irtigation rights);and all other rights,royalties,and profits relating to the real property,including without limita6on
<br /> any�9 hts Grantor later acquires in the fee simple title to the fand,subject to a Lease,if any,and all minerals, oil,gas,geothermal and similar matters,
<br /> located in HALL COUNTY , State of Nebraska (the "Real Property"):
<br /> The Southerly Sixty and Eighty Six Hundredths (60.86) feet of Lot One (1)
<br /> and all of Lot Two (2) , Island Acres No. 13 Subdivision, in the City of
<br /> Grand Island, Hall County, Nebraska. -
<br /> The Real Property or its address is commonly known as 1423 North Piper, Grand Island
<br /> ,NE, 68803
<br /> Grantor presently assiqns to Lender(also known as Beneficiary in this Deed of Trust) all of Grantor's right,title,and interest in and to all present and
<br /> future leflses of the Properly.
<br /> 2. DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise defined in this Oeed
<br /> of Trust shalt have the meanings attributed to such terms in the Nebraska Uniform Commercial Code.
<br /> Beneflclary. The word"BeneficiaN'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"BoROwer'means each and every person who signs the LOANLINER�Home Equity Plan Credit Agreement secured by this
<br /> Deed of Trust.
<br /> Credlt Aflreement. The words"Credit Ayreement"mean the revolving credit agreement dated 04-23-99 ,wlth a credtt limit
<br /> in the amount of S 35,000.00 , between Grantor and Lender, together with all renewals, extensions,
<br /> modifications, refinancings,and substitutions for the Credit Agreement. The maturity date of this Deed of Trust, which is the date by which ell
<br /> Indebtedness under the Gedit Agreement and this Deed of Trust is due is 04-23-09 . NOTICE TO GRANTOR: Tt� CRmIT
<br /> AGREEMENT CONTAINS A YARIABLE INTEREST RATE.
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