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<br />_ _ _~r u ; _ __ ___ __ _____ __ __ _ ________________ ______ __ __ __ _ ____ __ __ __ __ __ __ __ _ _ __ _ __ __ ~ ~ CO
<br />PRICE(~~~L-4_7_9..:-_9_?_?;L,__~;r~~9~___~!__ 1235 'N'St / PO BO_x:E339()~_,___:r,.,i.I1_c_o_1_n.,---~ 68501
<br />(name, address and phone number of preparer)
<br />State of Nebraska
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<br />- REAL ESTATE DEED OF TRUST 0166014928
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />o Master form recorded by ______
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .I>E!C:E!~~_J;"__.o_2_,-__2_()()Ei____
<br />The parties and their addresses are:
<br />
<br />\,
<br />",'":..,,1\;' _
<br />
<br />~..\...;'......~...
<br />\.:)
<br />
<br />TRUSTOR:TODD M MCCAIN and LANA K MCCAIN, HUSBAND AND WIFE
<br />
<br />2020 S August
<br />Grand Island, NE 68801
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />TierOne Bank
<br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501
<br />
<br />Organized and Existing Under the Laws of the United States of America
<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 />LOT FORTY (40), IN HAGGE'S SUBDIVISION, A PART OF THE NORTHEAST QUARTER OF THE
<br />NORTHWEST QUARTER (NE1/4NW1/4) AND PART OF THE NORTHWEST QUARTER OF THE NORTHEAST
<br />QUARTER (NW1/4NE1/4) OF SECTION TWENTY-EIGHT (28), TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE (9), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />
<br />The property is located in
<br />
<br />at 2.0_20 SAugust
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $ _;L, !L_ ~ (>9.,.0.0 __ __ __ _ __ _ __ _ __ __ __ _ _ __ _ __ __ __ __ _' This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this 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
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 12/02/2006
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~@ 0 1994 Bankers Systems, Inc" St. Cloud, MN Form OCP-REDT-NE 5/10/2005
<br />~ -C465(NE) (0506) VMP Mortgage Solutions, Inc.
<br />
<br />C-06-11-025665
<br />"---ry\~>jl (page 7 0.(,4)
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