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<br />t1E FEDERAL CREDIT UNION
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<br />State St.
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<br />Island, NE 68802
<br />RECORDED MAIL TO:
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<br />NE FEDERAL CREDIT UNION
<br />. State St.
<br />1508
<br />Island, NE 68802
<br />4X NOTICES TO:
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<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />REVOLVING CREDIT DEED OF TRUST
<br />AMOUNT OF PRINCIPAL INDEBTEDNESS: S 23,500.00
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<br />THIS DEED OF TRUST IS DATED 8 -17 -05 , among James W. Enck,
<br />a single person
<br />whose address Is 2620 West Charles, Grand Island, NE 68801
<br />(referred to below as "Grantor"); NAFCO NE Federal Credit Union, whose address is , PO Box 1508 , Grand
<br />Island, NE 68802- 150greferred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation organized and existing
<br />under the laws of Nebraska
<br />and
<br />- _ Ronald Depue, Attorney _ , whose address Is
<br />Norwest Bank Bldg, 308 N. Locust St, Suite 201, Grand Island, eterred to below as "Trustee ").
<br />1. CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Grantor's right, title, and interest in and to the following described real property, together with all existing or subsequently
<br />erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights
<br />(including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation
<br />any rights Grantor later acquires in the fee simple title to the land, subject to a Lease, if any, and all minerals, oil, gas, geothermal and similar matters,
<br />located In - _ Ha11 State of Nebraska (the "Real Property"):
<br />Lot Twenty (20), Block. Seventeen (17), Ashton Place, An
<br />Addition to the City of Grand Island, Hall County, Nebraska,
<br />Excepting Tract More Particularly Described in Deed Recorded
<br />in Book 115, Page 373.
<br />The Real Property or its address is commonly known as
<br />2620 West ._Charles. Grand Island, NE 68801 , NE,
<br />Grantor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Grantor's right, title, and interest in and to all present and
<br />future leases of the Property.
<br />2. DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise defined in this Deed
<br />of Trust shall have the meanings attributed to such terms in the Nebraska Uniform Commercial Code.
<br />Beneficiary. The word "Beneficiary means NAFCO NE Federal Credit Union, its successors and assigns. NAFCO NE Federal Credit Union also
<br />is referred to as 'Lender" in this Deed of Trust.
<br />Borrower. The word "Borrower' means each and every person who signs the LOANLINER0 Home Equity Plan Credit Agreement secured by this
<br />Deed of Trust.
<br />Credit Agreement. The words "Credit Agreement" mean the revolving credit agreement dated 8 -17 -05 , with a credit limit
<br />in the amount of $ 23,500.00 , between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and substitutions for the Credit Agreement. The i,at�ty Ate of this Deed of Trust, which is the date by which all
<br />Indebtedness under the Credit Agreement and this Deed of Trust is due is NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />REVOLVING CREDIT DEED OF TRUST
<br />AMOUNT OF PRINCIPAL INDEBTEDNESS: S 23,500.00
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<br />THIS DEED OF TRUST IS DATED 8 -17 -05 , among James W. Enck,
<br />a single person
<br />whose address Is 2620 West Charles, Grand Island, NE 68801
<br />(referred to below as "Grantor"); NAFCO NE Federal Credit Union, whose address is , PO Box 1508 , Grand
<br />Island, NE 68802- 150greferred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation organized and existing
<br />under the laws of Nebraska
<br />and
<br />- _ Ronald Depue, Attorney _ , whose address Is
<br />Norwest Bank Bldg, 308 N. Locust St, Suite 201, Grand Island, eterred to below as "Trustee ").
<br />1. CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Grantor's right, title, and interest in and to the following described real property, together with all existing or subsequently
<br />erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights
<br />(including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation
<br />any rights Grantor later acquires in the fee simple title to the land, subject to a Lease, if any, and all minerals, oil, gas, geothermal and similar matters,
<br />located In - _ Ha11 State of Nebraska (the "Real Property"):
<br />Lot Twenty (20), Block. Seventeen (17), Ashton Place, An
<br />Addition to the City of Grand Island, Hall County, Nebraska,
<br />Excepting Tract More Particularly Described in Deed Recorded
<br />in Book 115, Page 373.
<br />The Real Property or its address is commonly known as
<br />2620 West ._Charles. Grand Island, NE 68801 , NE,
<br />Grantor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Grantor's right, title, and interest in and to all present and
<br />future leases of the Property.
<br />2. DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise defined in this Deed
<br />of Trust shall have the meanings attributed to such terms in the Nebraska Uniform Commercial Code.
<br />Beneficiary. The word "Beneficiary means NAFCO NE Federal Credit Union, its successors and assigns. NAFCO NE Federal Credit Union also
<br />is referred to as 'Lender" in this Deed of Trust.
<br />Borrower. The word "Borrower' means each and every person who signs the LOANLINER0 Home Equity Plan Credit Agreement secured by this
<br />Deed of Trust.
<br />Credit Agreement. The words "Credit Agreement" mean the revolving credit agreement dated 8 -17 -05 , with a credit limit
<br />in the amount of $ 23,500.00 , between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and substitutions for the Credit Agreement. The i,at�ty Ate of this Deed of Trust, which is the date by which all
<br />Indebtedness under the Credit Agreement and this Deed of Trust is due is NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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