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<br />OPEN - END DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />o Master form recorded by...................................................
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is F.~R~y~.rx.~.'.~~9.~.........................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />I\\\I~II\\\\
<br />
<br />CEOERLI NO '_ LEQN E
<br />
<br />Record and Return To'
<br />Fiserv Lending Solutions
<br />B00-A N John Rodes Blvd.
<br />Melbourne. FL 32934_
<br />
<br />3/.50
<br />
<br />Leon E. Cederlind and Enid R. Cederlind, husband and wife; whose address is 4706 GUNBARREL PL, GRAND ISLAND,
<br />NE 68801
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />Susan L. Stryker
<br />300 South 19th Street Suite 302
<br />Omaha, NE 68102
<br />
<br />BENEFICIARY:
<br />
<br />USAA FEDERAL SAVINGS BANK ("USAA FSB")
<br />10750 McDERMOTT FREEWAY
<br />SAN ANTONIO, TX 78288-0558
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property;
<br />
<br />See Exhibit A, which is attached to this Deed of Trust and made a part of
<br />this Deed of Trust as if fully set forth herein.
<br />
<br />The Real Property tax identification number is .
<br />
<br />The property is located in ................................ ~~I!............................... at ..............................................
<br />(County)
<br />................ .~?~~. .~.l!.~~~~~.~~. ~~................, ................ ~~~~I? .I~~~.~.~....... ......... Nebraska...... .9.~.~.Q.1........
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights. oil and gas rights, all water and riparian
<br />rights. ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ .~~,.9~~..9.q..................................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />
<br />That Line of Credit Agreement dated 02/01/2006 having a Credit Limit of $60,000.00 executed by
<br />[Borrower(s);] LEON E. CEDERUND, ENID R. CEDERUND to USAA FSB as Lender and having a Maturity Date of
<br />211 /2026.
<br />NEBRASKA - HOME EOUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USEI (page 1 of 5)
<br />
<br />~ @1994BankersSystems, Ino" St, Cloud, MN Form USAAHEOT-NE 3/10/2004
<br />
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