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<br />
<br />LOAN NUMBER: 0166014830
<br />
<br />....'''bEEDO'FTR()~r .._._----~-
<br />(PREAUTHORIZED (OPEN END) CREDIT ~ FUTURE ADVANCES ARE SECURED
<br />BY TIDS DEED OF TRUST)
<br />
<br />~.,.,~.,-,.,,~~,~~~.---:,,::~,:,,:,,~
<br />
<br />. ,_. . i'...."""". "',..~-",,
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on August 17,2007. The grantor is TERRY L MEIER
<br />and CAROL L MEIER, HUSBAND & WIFE, whose address is 3212 MAGNOLIA CT, Grand Island,
<br />Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Contract. The obligations of Borrowers who did not sign the Contract are explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is
<br />TierOne Bank whose address is 1235 'N' St I P.O. Box 83009, Lincoln, Nebraska 68501 . ("Trustee"). The
<br />beneficiary is TierOne Bank, which is organized and existing under the laws of the United States of America and
<br />whose address is 1235 'N' St I PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). TERRY L MEIER and
<br />CAROL L METER have entered into a Equity - Line of Credit ("Contract") with Lender as of August 17, 2007,
<br />under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a
<br />***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADV ANCES)*** of One
<br />Hundred Twenty-five Thousand and 00/100 Dollars (U.S. $125,000.00) ("Credit Limit"). Any party interested
<br />in the details related to Lender's continuing obligation to make advances to Borrower is advised to consult directly
<br />with Lender. Ifnot paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on
<br />August 15, 2012. This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract,
<br />with interest, including future advances, and all renewals, extensions and modifications of the Contract; (b) the
<br />payment of all other sums, with interest, advanced to protect the security of this Security Instrument under tlle
<br />provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance of
<br />Borrower's covenants and agreements under this Security Instmment and thc Contract. For this purpose, Borrower,
<br />in consideration ofthe debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 3212 MAGNOLIA CT, Grand Island, Nebraska 68803
<br />Legal Description: LOT 8, BLOCK 1, COLONIAL ESTATES TENTH SUBDIVISION, CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Parcel IDISidwell Number: 400350289
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, (Uld 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 Complianoo Systoma, !no. 8C9C.EE49. 2007.01.201
<br />Conl1unor Roal E.tato . Seenrily !n.tmmont DL2036
<br />
<br />Page , of7
<br />
<br />www.cnmpliance!.iY!.ite.m!.i.com
<br />800-%8.8522. Fax 616-956-1868
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