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RECORDATION REQUESTED BY:
<br />NAFCO NE FEDERAL CREDIT UNION
<br />•`� 2115 W. STATE, P.O. BOX 1508
<br />GRAND ISLAND, NE 68802 -1508
<br />WHEN RECORDED MAIL TO:
<br />NAFCO NE FEDERAL CREDIT UNION
<br />2115 W. STATE, P.O. BOX 1508
<br />GRAND ISLAND, NE 68802 -1508
<br />SEND TAX NOTICES TO:
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<br />SPACE ABOVE THIS LINE IS FOR RECORDERS USE ONLY
<br />REVOLVING CREDIT DEED OF TRUST
<br />AMOUNT OF PRINCIPAL INDEBTEDNESS: $ 18,600.00
<br />F TRUST 1 DATED 10 -30 -03 among
<br />THIS DEED 0 US S g
<br />FREDERICK AND SUZANNE BEHRLE, HUSBAND & WIFE
<br />whose address is 4981 W. Airport Rd., Grand Island, NE 68803
<br />(referred to below as "Grantor "); NAFCO NE Federal Credit Union, whose address is2115 W. State, P.O. Box 15U& Grand
<br />Island, NE 68802- (referred 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
<br />whose address is
<br />ZNorwest Bank Bldg, 202 W. 3rd, 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 subsequentty
<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 n his 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 Hall , State of Nebraska (the "Real Property "):
<br />A tract of land comprising the Westerly 187 Feet of the Northerly
<br />465.88 Feet of the Northwest Quarter of the Northwest Quarter (NW 1/4 NW 1/4)
<br />of said Section Three(3), Township Eleven (11) North, Range Ten(10)
<br />West of the 6th P.N., Hall County, Nebraska
<br />The Real Property or its address is commonly known as
<br />4981 W. Airport Rd., Grand Island, NE ,NE, 68803
<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 10-30-01 , with a credit limit
<br />in the amount of $ 18,600.00 , 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 -30 -13 NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE.
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