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<br /> RECORDATION RE�UESTED BY:
<br /> � NAFCO NE FEDERAL CREDIT UNION �o Cl +
<br /> • 112 N. CEDAR, P.O. BOX 1129 -mn rn � � � M �,;
<br /> ~ GRAND ISLAND NE 68802-1129 = D � � � CD � � ; � _
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<br /> WHEN RECORDED MAIL T0: � = N � � � � � � �
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<br /> NAFCO NE FEDERAL CREDIT UNION ° ` C..� -n � �„# �
<br /> 112 N. CEDAR, P.O. BOX ��1129 � o � � � 0 N
<br /> � GRAND ISLAND NE 68802-1129 � � �� � � � � �
<br /> SEND TAX NOTICES T0: � � � � �
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<br /> N/A 9 9 10 6 31$ � °
<br /> SPACE ABOVE THIS LINE IS FOR RECORDERS USE ONLY
<br /> REVOLVING CREDIT DEED OF TRUST , t
<br /> AMOUNT OF PRINCIPAL IND�TEDNESS:S 29,000.00 � �
<br /> THIS DEED OF TRUST IS DATED June 22, 1999 ,amo�� RICHARD L. SOK AND JoANN
<br /> SOK, HUSBAND AND WIFE
<br /> whose address is 832 SWEETW 0 NE
<br /> (referred to below as "Grantor"); NAFCO NE Federal Credit Union, whose address is�xl�test�$tdlpt�PlOt�E��, P•0. Box , Grand
<br /> Island, NE 68802�09� (referred to below sometimes as "Lender" and sometimes as "Beneftciary"), a co�porotion orpanized and existing
<br /> under the laws of NEBRASKA '�
<br /> TICOR TITLE INSURANCE CO , � GI ABSTRA('T, F��unw �G TTTTF ('(1MPA7�� ,whosesddressis
<br /> 113 WEST 2ND, GRAND ISLAND NE 6RA�1 (reterred to below as"Trustee").
<br /> t. CONVEYANCE AND GRANT. For valuable consideratfon, Grantor conveys to Trustee in trust, WITH POWER OF SALE,for the beneflt of
<br /> Lender as Beneflclary,all of Grantors right,title,and interest in and to the following described real property,together with all ebsting or subsequently
<br /> erected or effixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights
<br /> (including stock in utilities with ditch or irtigation rights);and all other rights,royalties,and profits relating to the real property,including without limitation
<br /> any right5 Grantor Iater ac Quires in the fee simple title to the land,subject to a Lease,if any,and all minerals, oil,gas,geothermal and similar matters,
<br /> located in �LL COUNTY , State of Nebraska (the "Real Property"):
<br /> LOT 9, WESTWOOD PARK SUBDIVISION,
<br /> HALL COUNTY, GRAND ISLAND, NEBRASKA
<br /> The Real Property or its address is Commonly known as 823 SWEETWOOD DRIVE GRAND TST ANn.
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<br /> Grantor presently assigns 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 leases of the Property.
<br /> 2. DEFINITIONS. The follawing 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 /> BeneAclary. The word Beneficiary'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"Borrower"means each and every pe►son who signs the LOANLINER�Home Equity Plan Credit Nqreement secured by this
<br /> Deed of Trust.
<br /> Credlt Aprcement. The words"Credit Ayreement"mean the revolving credit agreement dated 06-22-99 ,with a credlt Ifmit
<br /> in the amount of S 29,000.00 . betwee� Grantor and Lender, together with all renewais, extensioru,
<br /> modifications, refinancings, end substitutions for the Credit Agreement. The maturity date of this Deed of Trust, which is the date by which ell
<br /> Indebtedness under the Gedft Agreement and this Deed of Trust is due is 06-22-09 . NOTICE TO GRANTOR: THE CRm1T
<br /> AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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