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200610673 DEFINITIONS Words used in multiple sections of this Security Instrument are defined below and other words are defined in Sections 3, 10, 12, 17, 19, and 20. Certain rules regarding the usagc of words used in this Security Instrument arc also provided in Section 15. (A) "Security Instrument" means this Home Equity Line of Credit Deed of Trust, which is dated November 7, 2006, together with all Riders to this document. (B) "Borrower" is Donald E. Krauss and Constance L. Krauss, husband and wife. Borrower is the trustor under this Security Instrument. (C) "Lender" is EverHome Mortgage Company. Lender is a Federal Savings Bank organized and existing under the laws of the United States of America. Lender's address is 8201 Cypress Plaza Drive, Suite 100, Jacksonville, FL 32256. (D) "Trustee" is First American Title Insurance Company. (E) "MERS" is Mortgage Electronic Registration Systems, hlC. MERS is a separate corporation that is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint, MY 48501-2026, tel. (888) 679-MERS. (F) "Agreement" means the Home Equity Line of Credit Agreement and Promissory Note signed by Borrower and dated November 7, 2006. The Agreement states Lender has agreed to make advances to Borrower under the terms of the Agreement, such advances to be of a revolving nature. The total outstanding principal balance owing at anyone time under the Agreement (not including chargcs and collection costs which may be owing from time to time under the Agreement) not to exceed the Credit Limit of Ten Thousand and OO/IOOths Dollars (U.S. $10,000.00) plus interest. Borrower has promised to pay the total outstanding balance in Periodic Payments and to pay the entire debt in full not later than December I, 2031. (G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (H) "Account" means the debt evidenced by the Agreement, plus interest, any other charges due under the Agreement, and all sums due under this Security Instrument, plus interest. (I) "Riders" means all Riders to this Security mstrument that are executed by Borrower. The following Riders are to be executed by Borrower (check box as applicable]: D Adjustable Rate Rider D Balloon Rider D Home Improvement Rider D Other(s) {specify] D Condominium Rider D Planned Unit Development Rider D Revocable Trust Rider D Second Home Rider D Biweekly Payment Rider (J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. Nebraska Homc ICquity Line of Crcdit Dced of Trust - Secondary Lien MERS Modificd -THE COMPLIANCE SOURCE, INL- Page 2 of 14 www.conlpliancesourcc.com 4S249NE Olll02 (j:~2002. The Compliance Source, Inc. 6119004356