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<br />.--.--.tname, address and phone nwablilr of preparerl -----------.
<br />State of Nebraska Space Above TI1is Line For Recording Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by __ __ ___ __ __ __ __ __ __ __ __ ___ _ __ __ ___ __ __ __ __ __ __. . __ __ __ __ __ __ __..
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 9~~__~.a-,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />0166013316
<br />
<br />2005
<br />...-- ---------------
<br />
<br />TRUSTOR:Kurt D Franklin and Shannan Kay Franklin, husband and wife
<br />
<br />4179 New Mexico Ave
<br />GRAND ISLAND, NE 68803
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />
<br />TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501
<br />
<br />Organized and Existing Under the Laws of the United States of America
<br />
<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 Trustor's performance under this Security Instrument, Trustor 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 Three (3), Block Two (2), woodland Park First Subdivision, in the City of
<br />Grand Island, Hall County, Nebraska.
<br />
<br />The property is located in
<br />
<br />__.~_~~L
<br />(County)
<br />
<br />at 4_~_??__.N:Ei\"l__~~~;~~. Av:EI______.__
<br />
<br />. __ __ __ __ __ __ . __ ______. __--. ____. c;~___~_~~ ' Nebraska __ __ __ .6.8.8 03
<br />(Address) (City) (ZIP Code)
<br />
<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 />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $ ~~J.1,~0.,_9_9____.. . This limitation of amount does not 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 />
<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(ies) 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 10/24/2005
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<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST INOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ 0 1994 Bankers Systems. Inc" St, Cloud. MN Form OCP-REDT.NE 1/31/2003
<br />. -C465(NE) (0401) VMP Mortgage Solutions (800)521.7291
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