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State of Nehrseh Space Ahve Tlus Line For Recnnling Duh,
<br />REAL ESTATE DEED OF TRUST 0166005956
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isOct 11, 2002
<br />and the ponies, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:rcEITH N ROLLEN and DIANE M ROLLEN, husband and wife
<br />4222 UTAH AVE
<br />GRAND ISLAND, NE 68803
<br />If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Be. 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) and Tr nstor's perfomlance under this Security Instrument, Tmstur irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT FIFTEEN (15) IN CAPITAL HEIGHTS EIGHTH (8) SUBDIVISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASEA
<br />The property is located in
<br />at 4222 UTAH AVID
<br />(C-aw)
<br />GRAND ISLAND , Nebraska 68803
<br />(Addmrs) (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 nary
<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 LUMT. The total principal ammo secured by this Security Instrument at any one time
<br />shall not exceed $50,000.00 . ThiS limitation of amount does net include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security 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), g'naranTy(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 dare of such debt(s).)
<br />A Line of Credit Agreement dated 10/11/2002
<br />NEBRASKA -NOME EQUITY LINE OFCREOIT DEED OFTRUST(NOTFORFNMF, FeLMC. Fan ORVn wet (page t or 4)
<br />Qi 1994 Bankw S,fm Inc, SL Cloud, MN Fom OOPAEDr -NE 1113199
<br />(M- C465(NE)(99B2) . B2 VMP MORiGl FORMS (800)521 7291
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<br />State of Nehrseh Space Ahve Tlus Line For Recnnling Duh,
<br />REAL ESTATE DEED OF TRUST 0166005956
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isOct 11, 2002
<br />and the ponies, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:rcEITH N ROLLEN and DIANE M ROLLEN, husband and wife
<br />4222 UTAH AVE
<br />GRAND ISLAND, NE 68803
<br />If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />P.O. Be. 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) and Tr nstor's perfomlance under this Security Instrument, Tmstur irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT FIFTEEN (15) IN CAPITAL HEIGHTS EIGHTH (8) SUBDIVISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASEA
<br />The property is located in
<br />at 4222 UTAH AVID
<br />(C-aw)
<br />GRAND ISLAND , Nebraska 68803
<br />(Addmrs) (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 nary
<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 LUMT. The total principal ammo secured by this Security Instrument at any one time
<br />shall not exceed $50,000.00 . ThiS limitation of amount does net include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security 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), g'naranTy(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 dare of such debt(s).)
<br />A Line of Credit Agreement dated 10/11/2002
<br />NEBRASKA -NOME EQUITY LINE OFCREOIT DEED OFTRUST(NOTFORFNMF, FeLMC. Fan ORVn wet (page t or 4)
<br />Qi 1994 Bankw S,fm Inc, SL Cloud, MN Fom OOPAEDr -NE 1113199
<br />(M- C465(NE)(99B2) . B2 VMP MORiGl FORMS (800)521 7291
<br />
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