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<br /> RECORDATION RE�UESTED BY: n = � r c.c� � U,
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<br /> NAFCO NE FEDERAL CREDIT UNION p � � Z -A-� --Q�
<br /> 112 N. CEDAR, P.O. BOX ��1129 � � � � � o c[��
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<br /> GRAND ISLAND NE 68802-1129 �,���1 ►-' o -r, ta �
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<br /> REVOLVING CREDIT DEED OF TRUST °'
<br /> AMOUNT OF PRINCIPAL INDEBTEDNESS:S 1 O,150.00
<br /> THIS DEED OF TRUST IS DATED September 15, 1999 ,amonp FRANCIS W. JOHNSON, JR. AND
<br /> LAURIE K. JOHNSON, HUSBAND AND WIFE
<br /> whoseaddressis 2128 VIKING PLACE, GRAND ISLAND. NE 68803
<br /> (referred to below as "Grontor"); NAFCO NE Federal Credit Union, whose address is 3636 West Stolley Park Road, P.O. Box 4911, Grand
<br /> Island, NE 68802-4911 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation orpanixed and existinp
<br /> under the laws of NEBRASKA ;and
<br /> ,whose address is
<br /> (refened to below as"Trustee").
<br /> 1. CONVEYANCE AND GRANT. For vduable consideration, Grantor conveys to Trustee in trust, WITH POWER OF SALE,for the benetit of
<br /> Lender as BenefiCiary,all of Grantor's right,title,and interest in and to the following described real propeRy,together with all existing or subsequently
<br /> erected or atfixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; ali water, water riqhts 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�9 hts Grantor leter acquires in the tee 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 52, LeHEIGHTS 4TH SUBDIVISION, GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA
<br /> The Reat Property or its address is commonly known as 2128 VIKING PLACE,
<br /> GRAND ISLAND ,NE, 68803
<br /> Grantor presently assigns to Lender(also known as BenefiCiary in this Deed of Trust)all oi Grantor's right, title,and interest in and to all present and
<br /> future 1e85es of the Property.
<br /> 2. DEFINITIONS. The following words shall have the following me8nings 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"Beneflciary'means NAFCO NE Federal Credit Union,its successors and assigns. NAFCO NE Federal Credit Union also
<br /> is refeRed to as"Lender"in this Deed of Trust.
<br /> Borrower. The word"Borrower'means each and every person who signs the LOANLINER�Home Equity Plen Credit Agreement secured by this
<br /> Deed of Trust.
<br /> Credfl Apreement. The words"Credit Apreement" meen the revolvinp credit agreement dated 09-15-99 ,with a crcdlt limit
<br /> in the amount of s 10,150.00 , between Grantor and Lender, together with alI renewals,extensioru,
<br /> modificaHons, refinancinps,and subsHtuHons tor the redit Agreement. The mgturity date of this Deed of Trust, which is the date by which all
<br /> Indebiedness under the Gedit Agreement and this Deed of Trust is due is OJ-15-09 . NOTICE TO GRANTOR: TFE CRmIT
<br /> AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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