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<br /> 99 �109304
<br /> RECORDATION RE�UESTED BY: �
<br /> NAFCO NEBRASKA FEDERAL CREDIT UNION '�
<br /> 112 N. CEDAR, P.O. BOX ��1129 �
<br /> GRAND ISLAND NE 68802-1129
<br /> WHEN RECORDED MAIL TO:
<br /> NAFCO NEBRASKA FEDERAL CREDIT UNION
<br /> 112 N. CEDAR, P.O. BOX 4�1129
<br /> GRAND ISLAND NE 68802-1129
<br /> SEND TAX NOTICES TO:
<br /> N/A
<br /> SPACE ABOVE THlS LINE IS FOR RECORDER'S tlSE Olo1L.Y
<br /> REVOLVING CREDIT DEED OF TRUST
<br /> AMOUNT OF PRINCIPAL INDEBTEDNESS:S 31,800.00
<br /> THIS DEED OF TRUST IS DATED AUGUST 16, 1999 ,amony DANIEL C. JARES ANll
<br /> JEAN JARES HUSBAND AND WIFE
<br /> whose address�s 3200 W. CHAPMAN ROAD, GRAND ISLAND, NEBRASKA 68803
<br /> (referred to below as "Grontor"); NAFCO NE Federol Credit Union, whose address is�i�lr@y'x8�C1K74li�ttl, P.O. Box 4�Z'�Grand
<br /> Island, NE 68802-31�fi (referred to below li�di� as "Lender" ����cB���), a corporotlon orpantacd and existfny
<br /> under ihe laws ot NEBRASKA x�v1d
<br /> �
<br /> ���
<br /> 1. CONVEYANCE AND GRANT. For valuable considerotion, Grantor conveys to$Le �ir�trust, WITH POWER OF SALE,for the beneHt of
<br /> Lender as Beneflclary,all of Grantors nght,title,and interest in end to the(ollowing described real property,iogefher with all exisGng or subsequently
<br /> erected or alfixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights
<br /> (includinq stock in utilities with ditch or irrigation rights);and ell other rights,royalties,and profits relating to the real property,including without IimitaGon
<br /> any�g hts GrBntor leler acguires in ihe fee simple title to the land,subject to a Lease,if any,and all minerels, oil,gas,geothermal and similar metters,
<br /> located in HALL COUNTY , State of Nebraska (the "Real Property"):
<br /> �
<br /> LOT 1, RAUERT SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as '�2�n W_ (:HAPMAN unan,
<br /> �RANn T�T,ANn ,NE, (�$$�..,�
<br /> Grantor presently assigns to Lender(also known as Beneficiary in this Deed of Trustj all of Grantor's right, title, and interest in and to ell present and
<br /> future leases of the Property.
<br /> 2. DEFINITIONS. The following words shall have the fotlowing meanings when used in this Deed of Trust. Terms not otherwise defined in this Dsed
<br /> ot Trust shall have the meenings aftributed to such terms in the Nebraska Uniform Commercial Code.
<br /> Beneflclery. The word"Beneficiary'means NAF�O NE Federal Credit Union, its successors and assigns. NAFCO NE Federal Credit Union also
<br /> is referred to es lende�'in this Deed of TrusL
<br /> Borrower. The word"Borrowe�'meflns each end every person who signs the LOANLINER�Home Equity Plan Credit Agreement secured by this
<br /> Deed ot Trust.
<br /> Credlt Apreement. The words"Credit Apreement"meen the revolvinp credit ayreement dated 08-16-99 ,wlth e crodlt limlf
<br /> in the amount of S 31,800.00 , between Grantor and Lender, together with all renewals,extensions,
<br /> modificetions, refinananps, and subsHtuNons for ihe redit Agreement. The maturity date oi this Deed of Trust, which is the date by which all �
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