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RECORDATION REQUESTED BY:
<br />REVOLVING CREDIT DEED OF TRUST
<br />AMOUNT OF PRINCIPAL INDEBTEDNESS: s 29,500.00
<br />THIS DEED OF TRUST IS DATED 10 -27 -03 , among
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<br />whose address Is 2613 BRAHMA GRAND ISLAND NE 68801
<br />(referred to below as "Grantor "); NAFCO NE Federal Credit Union, whose address is 2115 W. STATE, P.O. BOX 1508 , Grand
<br />Island, NE 6sm- 1 50Qreferred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation organized and existing
<br />under the laws of NEBRASKA ;and
<br />RONALD DEPUE , ATTORNEY , whose address is
<br />ZNORWEST BANK BUILDING 202 W. THIRD, GRAND ISLAND, NE 68801 (referred 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 ri ghts Grantor later a �� uir 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 HALL _ , State of Nebraska (the "Real Property "):
<br />S 35.6' of LOT 13 and N 24.4' of LOT 14, BLOCK 3, SOUTHERN ACRES ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as
<br />2613 B ARMA , CRAM T ST AND , NE, 68801
<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 LOANLINERO 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 10 -27 -03 , with a credit limit
<br />in the amount of $ 29.500.00 , between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and substitutions for the Credit Agreement. The maturity date 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 10-77-13 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 29,500.00
<br />THIS DEED OF TRUST IS DATED 10 -27 -03 , among
<br />-O
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<br />whose address Is 2613 BRAHMA GRAND ISLAND NE 68801
<br />(referred to below as "Grantor "); NAFCO NE Federal Credit Union, whose address is 2115 W. STATE, P.O. BOX 1508 , Grand
<br />Island, NE 6sm- 1 50Qreferred to below sometimes as "Lender" and sometimes as "Beneficiary"), a corporation organized and existing
<br />under the laws of NEBRASKA ;and
<br />RONALD DEPUE , ATTORNEY , whose address is
<br />ZNORWEST BANK BUILDING 202 W. THIRD, GRAND ISLAND, NE 68801 (referred 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 ri ghts Grantor later a �� uir 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 HALL _ , State of Nebraska (the "Real Property "):
<br />S 35.6' of LOT 13 and N 24.4' of LOT 14, BLOCK 3, SOUTHERN ACRES ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as
<br />2613 B ARMA , CRAM T ST AND , NE, 68801
<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 LOANLINERO 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 10 -27 -03 , with a credit limit
<br />in the amount of $ 29.500.00 , between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and substitutions for the Credit Agreement. The maturity date 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 10-77-13 NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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