|
r.
<br />200306580
<br />n ra
<br />> D
<br />x = N
<br />r
<br />CD
<br />ri-
<br />m
<br />m
<br />''rww,
<br />hJ
<br />J t
<br />s
<br />C--31
<br />F
<br />O m
<br />F
<br />REVOLVING CREDIT DEED OF TRUST
<br />THIS DEED OF TRUST CONTAINS A DUE -ON -SALE PROVISION AND SECURES INDEBTEDNESS UNDER A
<br />CREDIT AGREEMENT WHICH PROVIDES FOR A REVOLVING LINE OF CREDIT AND MAY CONTAIN A VARIABLE
<br />RATE OF INTEREST.
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on 05/15/2003 The Trustor is
<br />GARY M. BURRIS AND SANDRA S. BURRIS, HUSBAND AND WIFE, AS JOINT TENANTS.
<br />( "Borrower "). The Trustee is UNIV OF NE FED CREDIT UNION
<br />UNIVERSITY OF NEBRASKA FEDERAL CREDIT UNION
<br />ited States Federal Credit Union Act
<br />LINCOLN, NE 68501 -2847
<br />( "Trustee "). The Beneficiary is
<br />a corporation organized and existing under the laws of
<br />whose address is (402) 472 -2087 P.O. BOX 82847
<br />( "Lender ")
<br />IN CONSIDERATION of the indebtedness herein recited and the trust herein created;
<br />TO SECURE to Lender:
<br />(1) The repayment of all indebtedness due and to become due under the terms and conditions of the LOANLINER Home
<br />Equity Plan Credit Agreement and Truth -in- Lending Disclosures made by Borrower and dated the same day as this
<br />Security Instrument, and all modifications, amendments, extensions and renewals thereof (herein "Credit Agreement ").
<br />Lender has agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of
<br />a revolving nature and may be made, repaid and remade from time to time. Borrower and Lender contemplate a series
<br />of advances to be secured by this Security Instrument. The total outstanding principal balance owing at any one time
<br />under the Credit Agreement (not including finance charges thereon at a rate which may vary from time to time, and any
<br />other charges and collection costs which may be owing from time to time under the Credit Agreement) shall not exceed
<br />***** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** *FORTY FOUR THOUSAND DOLLARS AND NO /100
<br />($ 44 000.00 ). That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit
<br />Agreement as the Credit Limit. On the Final Payment Date, 17 years from the date of this Security Instrument, the
<br />entire indebtedness under the Credit Agreement, if not paid earlier, is due and payable.
<br />(2) The payment of all other sums advanced in accordance herewith to protect the security of this Security Instrument,
<br />with finance charges thereon at a rate which may vary as described in the Credit Agreement.
<br />(3) The performance of Borrower's covenants and agreements under this Security Instrument and under the Credit
<br />Agreement.
<br />BORROWER irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />ocated in the County of HALL , State of Nebraska:
<br />LOT 6 AND THE NORTH 16.55 FEET OF LOT 8 IN BLOCK 18, UNIVERSITY PLACE, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 2021 N SHERMAN PLACE
<br />3RAND ISLAND
<br />(City)
<br />0 CUNA MUTUAL INSURANCE SOCIETY, 1991, ALL RIGHTS RESERVED
<br />i
<br />4'
<br />(Street)
<br />Nebraska 68803 -0000 (herein "Property Address ");
<br />(Zip Code)
<br />ENE995 (LASER) 6849LL
<br />R
<br />200306580
<br />>
<br />''rww,
<br />hJ
<br />x
<br />s
<br />C--31
<br />o --I
<br />O m
<br />Wiz',
<br />G a
<br />ry .�-+-
<br />��
<br />z M
<br />CD
<br />O VD
<br />d-
<br />T1
<br />'r1
<br />M
<br />C0
<br />j
<br />rz�
<br />rnQ
<br />co
<br />U71 c
<br />CID ..
<br />�..�
<br />co CD
<br />F-A
<br />SPACE
<br />ABOVE THIS LINE FOR RECORDER'S USE
<br />C1)
<br />REVOLVING CREDIT DEED OF TRUST
<br />THIS DEED OF TRUST CONTAINS A DUE -ON -SALE PROVISION AND SECURES INDEBTEDNESS UNDER A
<br />CREDIT AGREEMENT WHICH PROVIDES FOR A REVOLVING LINE OF CREDIT AND MAY CONTAIN A VARIABLE
<br />RATE OF INTEREST.
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on 05/15/2003 The Trustor is
<br />GARY M. BURRIS AND SANDRA S. BURRIS, HUSBAND AND WIFE, AS JOINT TENANTS.
<br />( "Borrower "). The Trustee is UNIV OF NE FED CREDIT UNION
<br />UNIVERSITY OF NEBRASKA FEDERAL CREDIT UNION
<br />ited States Federal Credit Union Act
<br />LINCOLN, NE 68501 -2847
<br />( "Trustee "). The Beneficiary is
<br />a corporation organized and existing under the laws of
<br />whose address is (402) 472 -2087 P.O. BOX 82847
<br />( "Lender ")
<br />IN CONSIDERATION of the indebtedness herein recited and the trust herein created;
<br />TO SECURE to Lender:
<br />(1) The repayment of all indebtedness due and to become due under the terms and conditions of the LOANLINER Home
<br />Equity Plan Credit Agreement and Truth -in- Lending Disclosures made by Borrower and dated the same day as this
<br />Security Instrument, and all modifications, amendments, extensions and renewals thereof (herein "Credit Agreement ").
<br />Lender has agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of
<br />a revolving nature and may be made, repaid and remade from time to time. Borrower and Lender contemplate a series
<br />of advances to be secured by this Security Instrument. The total outstanding principal balance owing at any one time
<br />under the Credit Agreement (not including finance charges thereon at a rate which may vary from time to time, and any
<br />other charges and collection costs which may be owing from time to time under the Credit Agreement) shall not exceed
<br />***** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** *FORTY FOUR THOUSAND DOLLARS AND NO /100
<br />($ 44 000.00 ). That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit
<br />Agreement as the Credit Limit. On the Final Payment Date, 17 years from the date of this Security Instrument, the
<br />entire indebtedness under the Credit Agreement, if not paid earlier, is due and payable.
<br />(2) The payment of all other sums advanced in accordance herewith to protect the security of this Security Instrument,
<br />with finance charges thereon at a rate which may vary as described in the Credit Agreement.
<br />(3) The performance of Borrower's covenants and agreements under this Security Instrument and under the Credit
<br />Agreement.
<br />BORROWER irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />ocated in the County of HALL , State of Nebraska:
<br />LOT 6 AND THE NORTH 16.55 FEET OF LOT 8 IN BLOCK 18, UNIVERSITY PLACE, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 2021 N SHERMAN PLACE
<br />3RAND ISLAND
<br />(City)
<br />0 CUNA MUTUAL INSURANCE SOCIETY, 1991, ALL RIGHTS RESERVED
<br />i
<br />4'
<br />(Street)
<br />Nebraska 68803 -0000 (herein "Property Address ");
<br />(Zip Code)
<br />ENE995 (LASER) 6849LL
<br />R
<br />
|