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<br />REAL ESTATE DEED OF TRUST 0166005952
<br />p (With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isAug 15, 20.02
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ORE G THOMPSON and PAMELA K THOMPSON, husband and wife
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<br />616 E 13TH ST
<br />GRAND ISLAND, NE 68801 -2618
<br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) anti .Trasi r's- piaafora;i ^° u&def t'j;s Secs c$, Inswumegl, Tntstor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, tie following described
<br />property: GEORGE LOAN'S
<br />LOT 7, BLOCK 8, *,V SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in Hall - _ _ at 616 E 13TH ST
<br />(County)
<br />GRAND ISLAND Nebraska 68801 -2618
<br />- - - - - -- ------------- -' - - - - - -- - ..--- - - - - -- -- ------ - - - - - -_..
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $ 41,250.00 ------------- This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security lnstmtnent. Also, this limitation does not apply to advances made
<br />under the terms of this Security h>.Stn:ment to protect Benefi-lary'S sectuit' and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 08/15/2002
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHtMC, FHA OR VA USE) i�T, (page of 4)
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<br />1994 Bankers ens. Inc., 51. Cloud, MN Farm OCP- REDT -NE 1113199
<br />® -0466 (N E) (9902) 02 V M P MORTGAGE FORMS - (800)521-7291
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