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<br />Prepared by: Wells Fargo Financial Bank, 3201 N. 4th Ave., Sioux Falls, SD 57104
<br />Return to: Wells_ Fargo hinancial Bank, 3201 N. 4th Ave., Sioux Falls, SD 57104
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<br />NEBRASKA DEED OF TRUST —LINE OF CREDIT
<br />(With Power of Sale)
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<br />THIS DEED OF TRUST, made this 17 day of MAY, 2004, between RITA A JACOBSEN, whose mailing address is
<br />2011 N LAFAYETTI; AVE, GRAND ISLAND, NE 688032047, as Trustors, FIRST AMERICAN TITLE
<br />INSURANCE COMPANY whose mailing address is PO BOX 267 114 E 5TH ST, SANTA ANA, CA 92702, as
<br />Trustee, and Wells Fargo Financial Bank, whose mailing address is 3201 North 4th Avenue, Sioux Falls, SD 57104, as
<br />Beneficiary,
<br />WITNESSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale,
<br />the following described property in I ]ALL County, Nebraska:
<br />LOT 10, BLOCK 8, SCARFF'S ADDITION TO WEST LAWN, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the
<br />rents, issues and pro l i u t hereof.
<br />This conveyance is intended for the purpose of securing the payment to Beneficiary of initial and future advances to
<br />Trustors' under a Credit Card Account Agreement ( "Agreement ") in the amount of $20,000.00 not to exceed
<br />$30,000.00 outstandin,! at any one time, plus interest cn the principal outstanding from time to time at the rates from
<br />time to time provided !')r thereunder. Payment may be made in advance in any amount at any time. Default in making
<br />any payment shall, at il)e Beneficiary's option and without notice or demand, render the entire unpaid balance of said
<br />loan at once due and payable, less any required rebate of charges.
<br />To protect the security of this Decd of Trust, Trustor covenants and agrees:
<br />1. To keep the property in good condition and repair; to permit no waste thereof, to complete any building, structure
<br />or improvement being built or about to be built thereon; to restore promptly any building, structure or improvement
<br />thereon which may be damaged or destroyed; and to comply with all laws, ordinances, regulations, covenants,
<br />conditions and restricti.�ns affecting [lie property.
<br />2. To pay before de! inquest all lawful taxes and assessments upon the property; to keep the property free and clear
<br />of all other charges, 1I.—s or encumbrances impairing the security of this Dccd of Trust.
<br />3. To keep all bail_` ngs now or hereafter erected on the property described herein continuously insured against loss
<br />by fire or other hazaia! in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held
<br />by the Beneficiary, a: i be in such companies as the Beneficiary may approve and have loss payable first to the
<br />Beneficiary as its inter .t may appear and then to the Trustor. The amount collected under any insurance policy may be
<br />NE- 0979NOWLINE-1203 (also used � y In) (ROC) Page 1 of 3
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