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<br />--,._-~:-:t_l?-_c:l:~__ _~_ 9.?~4? 6 ~05 -67. - -~-:terOne--~_~n_~_-;_-_-_-~~~~~___'_ ~_~., _ _~_t l_".- ."p.o - -Box--8.300-9-~.---~~-ii~~Xjj_-; _.__~_ _ 68501
<br />
<br />(name, address and phone number of preparer)
<br />State of Nebraska Space Above This Line For Recording Data
<br />
<br />REAL EST A TE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded hy __ __ __ __ __ ___ __ __ __ __ __ __ __ __ __ _ __ __ ___ __ __ __ __ __ _ _ _ ___
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _Ma~c:h___<?_~_,-__2_0_0J
<br />The parties and their addresses are:
<br />
<br />0166015340
<br />
<br />.20 . So
<br />
<br />TRUSTOR:Scott WaLler and ~chelle Walker, husband and wife
<br />\ 1'" ~.tv
<br />181~ainbow Rd
<br />Grand Island, NE 68801-1814
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknow ledgments.
<br />TRUSTEE:
<br />TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<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 sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />Lot Eight (8), Rainbow Lake Third Subdivision, Hall County, Nebraska.
<br />
<br />The property is located in __ __ __ __ __ __ __ __ __ __ _ ____
<br />
<br />Hall
<br />(County)
<br />
<br />__ at J81f)"inl'~__________
<br />
<br />_______________Grand Island ____________, Nebraska 68801-l,El1,4___
<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 />shall not exceed $ 25,7~0 , 00 ______________________ ___ . 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 03/01/2007
<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 />0166015340
<br />
<br />~ ~ (pagiU;;:;
<br />
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