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200408171
<br />Prepared by: Wells Fargo Financial Bank 3201 N. 4th Ave., Sioux Falls, SD 57104
<br />Return to: Wells Fargo Financial Bank, 3201 N. 4th Ave., Sioux Falls, SD 57104
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<br />Prepared by: Wells Fargo Financial Bank 3201 N. 4th Ave., Sioux Falls, SD 57104
<br />Return to: Wells Fargo Financial 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) s.
<br />\THIS DEED OF TRUST, made this 30 day of .. December 003 between S.
<br />Jeffrey D Pelowski And Barbara A Pclowski v
<br />Husband And Wife, As Joint Tenants , whose mailing address is 2527 Mill River Rd,
<br />Grand Island NE 68801 , as Trustors, First American Title Insurance Company whose mailing address
<br />is PO Box 267 114 East Sth St, Santa Ana, CA 92702 as Trustee, and Wells Fargo Financial Bank,
<br />whose mailing address is 3201 North 4th Avenue, Sioux Falls, SD 57104, as 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 Hall County, Nebraska:
<br />LOT 3, BLOCK 3, OLDE MILL SUBDIVISION IN THE 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 profits thereof.
<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 $16 000.00 not to exceed $`6,000.00
<br />outstanding at any one time, plus interest on the principal outstanding fiom time to time at the rates from time to time
<br />provided for thereunder. Payment may be made in advance in any amount at any time. Default in making any payment
<br />sliall, at the Beneficiary's option and without notice or demand render the entire unpaid balance of said loan at once due
<br />WT
<br />and payable, less any required rebate of charges.
<br />To protect the security of this Deed of Trust, Tntstor covenants and agrees:
<br />L 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 thereon
<br />which may be damaged or destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and
<br />restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear
<br />of all other charges, liens or encumbrances impairing the security of this Deed of Trust.
<br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss
<br />by fire or other hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held
<br />by the Beneficiary, and be in such companies as the Beneficiary may approve and have loss payable first to the
<br />Beneficiary as its interest may appear and then to the Truster. The amount collected under any insurance policy may be
<br />NE- 0979NOWLINE -1203 (also used by IA) Pagel of 3
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<br />200400873
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<br />NEBRASKA DEED OF TRUST — LINE OF CREDIT
<br />(With Power of Sale) s.
<br />\THIS DEED OF TRUST, made this 30 day of .. December 003 between S.
<br />Jeffrey D Pelowski And Barbara A Pclowski v
<br />Husband And Wife, As Joint Tenants , whose mailing address is 2527 Mill River Rd,
<br />Grand Island NE 68801 , as Trustors, First American Title Insurance Company whose mailing address
<br />is PO Box 267 114 East Sth St, Santa Ana, CA 92702 as Trustee, and Wells Fargo Financial Bank,
<br />whose mailing address is 3201 North 4th Avenue, Sioux Falls, SD 57104, as 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 Hall County, Nebraska:
<br />LOT 3, BLOCK 3, OLDE MILL SUBDIVISION IN THE 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 profits thereof.
<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 $16 000.00 not to exceed $`6,000.00
<br />outstanding at any one time, plus interest on the principal outstanding fiom time to time at the rates from time to time
<br />provided for thereunder. Payment may be made in advance in any amount at any time. Default in making any payment
<br />sliall, at the Beneficiary's option and without notice or demand render the entire unpaid balance of said loan at once due
<br />WT
<br />and payable, less any required rebate of charges.
<br />To protect the security of this Deed of Trust, Tntstor covenants and agrees:
<br />L 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 thereon
<br />which may be damaged or destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and
<br />restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear
<br />of all other charges, liens or encumbrances impairing the security of this Deed of Trust.
<br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss
<br />by fire or other hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held
<br />by the Beneficiary, and be in such companies as the Beneficiary may approve and have loss payable first to the
<br />Beneficiary as its interest may appear and then to the Truster. The amount collected under any insurance policy may be
<br />NE- 0979NOWLINE -1203 (also used by IA) Pagel of 3
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