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<br />",.'__!o1C.LEAN 402.-:-.4.7.3..:-.2.5.2.(:j_.~:rE:~()~. BANK!.J2~?___'W__.~1: I PO Box 83()()~-, .I.j"I1_c_o.l_lll NE 68501
<br />(nama, address and phone number of preparer) ZiP. 5 tJ
<br />State of Nebraska Space Above This Line For Recording Data
<br />
<br />0166014822
<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 />.I:lE!C:E!rnl:l€3.r. 22 / 2006
<br />
<br />TRUSTOR:NORMAN D NOTT and JANET K NOTT, HUSBAND & WIFE
<br />
<br />4320 W CAPITAL AVE
<br />Grand Island, NE 68803
<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 />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 6/ BUCK SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in
<br />
<br />at 4320 W CAPITAL AVE
<br />..----------------
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $,Ei(L_C>C>'O_,_O_O..._____.____.___.. 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 12/22/2006
<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-REOT-NE 5/10/2005
<br />Gl-C465INE) (0506) VMP Mortgage Solutions, Inc.
<br />
<br />C-06-09-021473
<br />'.I') (page,9::~~ 4)
<br />1/
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