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<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166014940
<br />
<br />DEED OF TRUST
<br />
<br />(PRE AUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on May 31, 2007. The grantor is Stacy R Nonhof and
<br />Benjamin E Nonhof, WIFE AND HUSBAND, whose address is 1805 S Blaine, Grand Island, Nebraska 68801
<br />("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Contract. The
<br />obligations of Borrowers who did not sign the Contract are explained further in the section titled Successors and
<br />Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is TierOne Bank whose
<br />address is 1235 'N' St 1 P.O. Box 83009, Lincoln, Nebraska 68501 . ("Trustee"). The beneficiary is TierOne
<br />Bank, which is organized and existing under the laws of the United States of America and whose address is 1235
<br />'N' St 1 PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). Stacy R Nonhof and Benjamin E Nonhof have
<br />entered into a Equity - Line of Credit ("Contract") with Lender as of May 31, 2007, under the terms of which
<br />Borrower may, from time to time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL
<br />AMOUNT (EXCLUDING PROTECTIVE AnV ANCES)*** of Thirteen Thousand Two Hundred and
<br />00/100 Dollars (U.S. $13,200.00) ("Credit Limit"). Any party interested in the details related to Lender's
<br />continuing obligation to make advances to Borrower is advised to consult directly with Lender. Ifnot paid earlier,
<br />the sums owing under Borrower's Contract with Lender will be due and payable on June 15, 2012. This Security
<br />Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future
<br />advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with
<br />interest, advanced to protect tllC security of this Security Instrument under the provisions of the section titled
<br />Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Contract. For this purpose, Borrower, in consideration ofthe debt and the
<br />trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 1805 S Blaine, Grand Island, Nebraska 68801
<br />Legal Description: THE SOUTH HALF (Sl/2) OF LOT EIGHT (8) AND THE NORTH THIRTY
<br />SEVEN (37) FEET OF LOT NINE (9) IN BLOCK TWO (2) BEL AIR ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Parcel ID/Sidwcll Number: 400015676
<br />
<br />TOGETHER WITH aU the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the
<br />"Property. "
<br />
<br />., 2004-2007 Copyright Cmnpliance SY'telIE. Inc. 8C9C-985B - 2007.01.201
<br />Consumer Real Esta.te - Security Imtnn~nt lJL2036
<br />
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<br />www,colllpliancesystems.cnm
<br />800-968-8522 - Fax 616-956-1868
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