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ti <br />o� °.� <br />C <br />_n M CA �, — rYT o CD <br />C-,) CD �� C:) Q <br />CD �1 "' w 2 <br />R\ <br />Z <br />w 200314360 o <br />SPACE ABOVE THIS LINE FOR RECORDER'S USE <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 10/23/2003 The Trustor is <br />CRAIG A MIERAU BARBARA J MIERAU HUSBAND AND WIFE <br />("Borrower "). The Trustee is Centris Federal Credit Union ( "Trustee "). The Beneficiary is <br />Centris Federal. Credit Union , a corporation organized and existing under the laws of <br />United States Federal Credit Union Act whose address is 343 N 114 Street Omaha, NE 68154 <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 Equity Plan Credit Agreement anc <br />Truth-in-Lending Disclosures made by Borrower and dated the same day as this Security Instrument, and all modifications, amendments, extensions and renewal, <br />thereof (herein "Credit Agreement "). Lender has agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of E <br />revolving nature and may be made, repaid and remade from time to time. Borrower and Lender contemplate a series of advances to be secured by this Securitt <br />Instrument. The total outstanding principal balance owing at any one time under the Credit Agreement (not including finance charges thereon at a rate which mat <br />vary from time to time, and any other charges and collection costs which may be owing from time to time under the Credit Agreement) shall not exceed <br />SEVEN THOUSAND AND 00/100 DOLLARS <br />IS S 7000.00 ). That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit Agreement as the Credit Limit. On the Fina <br />Payment Date, years from the date of this Security Instrument, the 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, with finance charges thereon at a rate whict <br />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 Agreement. <br />BORROWER irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the Coumy of <br />HALL , State of Nebraska: <br />THE EASTERLY TWO-THIRDS OF LOT EIGHT (8), BLOCK TWENTY <br />EIGHT (28), ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />which has the address of 322 E FOURTH <br />GRAND ISLAND <br />(City) <br />(Street) <br />Nebraska 68801 (herein "Property Address "); <br />(Zip Code) <br />CUNA MUTUAL INSURANCE SOCIETY, 1991, ALL RIGHTS RESERVED ENE995 (LASER) 6849LL Revised 10/2001 <br />K <br />Sm <br />