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<br />".- HAHN, TIERON:E..I~iA]~~K!.__~~~:-:479-0553, 1235 ';N.'__~!:__Ll?() BOJ{ 83009, Lincoln,_ NE__~~~.0.1__..
<br />
<br />(nama, address and phone number of preparer) ? 0, 50
<br />State of Nebraska Spaee Above This Line For Recording Data ~I
<br />
<br />0166013245
<br />
<br />D Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />The parties and their addresses are:
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />PEl~El~~.r .14, 2006
<br />
<br />TRUSTOR:MARK C PURDY and TAMMY S PURDY, HUSBAND & WIFE
<br />
<br />1404 BRANDING IRON LN
<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 />
<br />TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIAR Y:
<br />
<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 ~eils to Trustee, in trust for the oenefit or Beneficiary, with power of sale, the following described
<br />property:
<br />LOT TWENTY-FIVE (25), WESTERN HEIGHTS FOURTH SUBDIVISION, CITY OF GRAND ISLAND,
<br />
<br />HALL COUNTY, NEBRASKA
<br />
<br />The property is located in
<br />
<br />Hall
<br />(County)
<br />
<br />at 1404 BRANDING IRON LN
<br />
<br />GRAND ISLAND , Nebraska 68801
<br />
<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
<br />shaH not exceed $.7?J(>QO ,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 12/14/2006
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />E.xf5iii'e.@ 0 1994 Bankers Systems. Inc.. Sl. Cloud. MN Form OCp.REDT NE 5/10/2005
<br />. -C465(NE) 10506) VMP Mort9age Solutions, Inc.
<br />@
<br />
<br />C-06-09-021475
<br />
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