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200601014 DOC ID #: 00012371582201006 and further described as: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. The Premises includes all buildings and other improvements now or in the future on the Premises and all rights and interests which derive from our ownership, use or possession of the Premises and all appurtenances thereto. WE UNDERSTAND and agree that MERS is a separate corporation acting solely as nomincc for Lender and Lender's successors and assigns, and holds only legal title to the interests granted by us in this Deed of Trust, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those intercsts, including, hut not limited to, the right to toreclose and sell the Property, and to take any action required of Lender including, but not limited to, releasing or canceling this Deed of Trust. LOAN: This Deed of Trust will secure your loan to us in the principal amount of $ 15, 000.00 much thereof as may be advanced and readvanced from time to time to DOUGLAS D. LIENEMANN KELLEY L. LIENEMANN or so , and the Borrower(s) under the Home Equity Credit Line Agreement and Disclosure Statement (thc "Note") dated JANUARY 20, 2006 , plus interest and costs, late charges and all other charges rcleated to the loan, all of which sums are repayable according to the Note. This Deed of Trust will also secure the performance of all of thc promises and agreements made by us and cach Borrower and Co-Signer in the Note, all of our promises and agreements in this Deed of Trust, any extensions, renewals, amendments, supplements and other modifications of thc Notc, and any amounts advanccd by you under the terms of the section of this Deed of Trust entitled "Our Authority To You." Loans under the Note may be made, repaid and remade from time to time in accordance with the terms of the Note and suhject to the Credit Limit set forth in the Note. This Deed of Trust shall secure the Note and any and all future advances made to us by you. At no time during the term of this Deed of Trust or any extension thereof shall the unpaid and outstanding secured principal future advances, not including sums advanced by you to protect the security ofthis Deed of Trust, exceed the following amount: $ 15,000.00 . This provision shall not constitute an obligation upon or commitment of Lcndcr to make additional advances or loans to us. OWNERSHIP: We are thc sole owner(s) of the Premises. We have the legal right to mortgagc, grant and convey the Premises to the Trustec. OUR IMPORTANT OBLIGATIONS: (a) TAXES: We will pay all rcal cstate taxes, assessments, watcr charges and sewer rents relating to the Premises when they become due. We will not claim any credit on, or make deduction from, the loan under the Note because we pay these taxes and charges. We will provide you with proof of payment upon request. (b) MAINTENANCE: We will maintain the building(s) on the Premises in good condition. We will not make major changes in the building(s) except tor normal repairs. We will not tear down any of thc building(s) on thc Premises without first getting your consent. We will not use the Premises illegally. Ifthis Deed of Trust is on a unit in a condominium or a planned unit development, we shall perform all of our obligations under the declaration or covenants creating or governing the condominium or planned unit development, the by-laws and rcgulations of the condominium or planned unit development and constituent documents. (c) INSURANCE: We will keep the building(s) on the Premises insured at all times against loss by fire, flood and any other hazards you may specifY. We may choose the insurancc company, but our choice is subject to your reasonablc approval. The policies must be for at least the amounts and the time periods that you specifY. We will deliver to you upon your request the policies or other proof of thc insurance. The policies must name you as "mortgagee" and "loss-payee" so that you will receive payment on all insurance claims, to the extent of your interest under this Deed of Trust, betore we do. The insurance policies must also provide that you be given not less than 10 days prior written notice of any cancellation or reduction in coverage, tor any reason. Upon request, we shall deliver the policies, certiticates or other evidence of insurance to you. In the event of loss or damage to the Premises, we will immediately notifY you in writing and file a proof of loss with the insurer. You may tile a proof . MERS HELOC - NE Deed of Trust 2E015-NE (12104) Page 2 of6 ODL /} L- Initials: f'-L.