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<br /> GRAND ISLAND NE 68802-1129 cn Z
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<br /> SPACE ABOVE THIS LINE IS FOR RECORDERS USE ONLY �
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<br /> REVOLVING CREDIT DEED OF TRUST
<br /> AMOUNT OF PRINCIPAL INDEBTEDNESS:S 26,500.00
<br /> THIS DEED OF TRUST IS DATED 09-17-99 ,amonfl GEORGE SOLT AND CONNIE G. SOLT.
<br /> HUSBAND AND WIFE
<br /> whoseaddressis 3523 E. SEEDLING MILE, GRAND ISLAND, NEBRASKA 68801__ ii�;
<br /> (referred to below as "Grantor"); NAFCO NE Federol Credit Union, whose address is�S�W���y���d, P.O. Box 44at� Grond
<br /> Island, NE 63802�i�`9 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation orysniaed and existiny
<br /> under the laws of NEBRASKA ;�d
<br /> ,whose address is
<br /> (reterred to below as"Trustee").
<br /> 1. CONVEYANCE AND GRANT. For valuable considerotion, GraMor conveys to Trustee in trust, WITH POWER OF SALE,for the benefit of
<br /> Lender as BEneflclary,all of Grantor's nght,title,and interest in and to the following described real propeRy,together with all exisGng 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 all other righis,royalties,and profits relating to the real property,including without limita6on
<br /> any�hts Grantor leter acquires in the fee simple title to the land,subject to a Lease, ii any,and all minerals, al,gas,geothermal and similar matters,
<br /> located in HALL COUNTY , State of Nebraska (the "Real Property"):
<br /> SASS SUBDIVISION N 206.25' LOTS 1 & 2
<br /> HALL COUNTY, GRAND ISLAND, NEBRASKA
<br /> The Real Property or its address is commonly known as 3523 E SEEDLING MTLF
<br /> GRAND ISLAND ,NE, 6880]
<br /> Grflntor presently assigns 10 Lender(also known as Beneficiary in this Deed of Trust)all of Grantor's nght, title,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 /> BeneflClary. The word"Beneficiary"means NAFCO NE Federal Credit Union,its successors and assigns. NAFCO NE Feder8l C�edit Union also
<br /> is referred to as"Lende�'in this Deed of Trust.
<br /> Borrower. The word"Borrower'means each and every person who signs the LOANLINER�Home Equity Plan Credit Agreement secured by this
<br /> Deed of Trust.
<br /> Credlt Ayreement. The words"Credit Ayreement"mean the revolving credit agreement dated 09-17-99 ,wlth a crodit limft
<br /> in the amount of S 26,500.00 , between Grantor and Lender, together with all renewals, extensions,
<br /> modificafions, refinancings,and substitutions tor the redit Agreement. The matun�y date of this Deed of Trust, which is the date by which all
<br /> Indebtedness under the Gedft Apreement and this Deed of Trust is due is 09-17-09 . NOTICE TO GRANTOR: ThE CRmIT
<br /> AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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