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<br /> RECORDATION RE�UESTED BY: C � `, �� � � o �
<br /> � NAFCO NEBRASKA FEDERAL CREDTT UN€�N D v � � c n 0 �
<br /> • 112 N. CEDAR, P.O. BOX ��1129 n �.' N � �Q- :�'; � m �y
<br /> '~ GRAND ISLAND NE 68802-1129 � � � ° -< o � �'
<br /> � - _ �.' � "*� CO
<br /> .T?G�'' -�] `�1 � !—� �'
<br /> WHEN RECORDED MAIL T0: � ;; �,� � D W o �
<br /> r, � r � � c3v
<br /> NAFCO NEBRASKA FEDERAL CREDIT UN N d v� �� N r c�n N .�-�
<br /> 112 N. CEDAR, P.O. BOX 4�1129 ''' a a
<br /> GRAND ISLAND NE 68802-1129 4n N `"� � �
<br /> � � �
<br /> SEND TAX NOTICES T0: �
<br /> N�A 99 1.� ��35
<br /> SPACE ASOVE THlS UNE IS FOR R�CORDER'S USE�6���a
<br /> REVOLVING CREDIT DEED OF TRUST �,
<br /> ��
<br /> AMOUNT OF PRINCIPAL IND�TEDNESS:S 11,350.00 ��^�
<br /> THIS DEED OF TRUST IS DATED SEPTEMBER 7. 1999 �
<br /> ,amony ERIC N. RAYBURN AND CHLOE
<br /> RAYBURN, HUSBAND AND WIFE _
<br /> whose address is 808 EAST 8TH GRAND ISLAND. NEBRASKA 68801 , .,�
<br /> (referred to below as "Grantor"); NAFCO HE Federal Credit Union, whose address is$BCii�iliC9t�iG����d�TA, P.O. Box x�, Grand
<br /> IsJand, NE 68802-4911 (referred to below sometimes as "Lender" and sometimes as "BeneBciary"), a corporation oryani�ed and existing
<br /> under the laws of NEBRASKA ��d
<br /> TICOR TITLE COMPANY � GRAND ISLAND ABSTRACT, ROW & TTT . . AMPANY ,whose address Is
<br /> 113 WEST SECOND STREET, GRAND ISLAND. NEBRASI�A 68801 (reterred to below as"Trustee").
<br /> t. CONVEYANCE AND GRANT. For valuable consideration, Granto� conveys to Trustee in trust, WITH POWER OF SALE, for the Denefit of
<br /> Lender as Beneflclary,all of Grantors right,tiNe,and interest in and to the foltowing described real property,together with all e�dsGng or subsequently
<br /> erected or aifixed 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 irrigation rights);and ell other rights,royaities,and profits relating to the real property,including without IimitaGon
<br /> any�g hts Grantor later acquires 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 HALL COUNTY , State of Nebraska (the "Real Property"):
<br /> LOT SIXTEEN (16) , IN BLOCK THREE (3) , BETTER HOMES SUBDIVISION TO
<br /> THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as 9n� SniiTH ('.T ARK, �RANI� TST.ANTI
<br /> ,NE, 68801
<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 leeses of the Property.
<br /> 2. DEFINITIONS. The following words shall h3ve 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"Beneficiary"means NAFCO NE Federal Credit Union,its successors and assigns. NAFCO NE Federal Credit Union also
<br /> is referred to as'1.ender'in this Deed oi 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 A�reement. The words"Cred(t Aflreement"mean the revolving c�edit agreeme�t dated 09-07-99 ,wlth a credlt Iimit
<br /> in the amount of S 11,350.00 , between Grantor and Lender, together with all renewals, extensions,
<br /> modifications, refinancings,and substitutions tor the Credit Agreement. The maturity date of this Deed of Trust, which is the date by which all
<br /> Indebtedness under the Gedit Agreement and this Deed of Trust is due is 09-07-09 . NOTICE TO GRANTOR: Tt� CREDIT
<br /> AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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