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<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166016378
<br />
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on November 16, 2007. The grantor is Joseph A
<br />Thielen and Christina J Thielen, husband and wife, whose address is 2104 S Blaine St, Grand Island,
<br />Nebraska 68801 ("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 / 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 / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). Joseph A Thielen and
<br />Christina J Thielen have entered into a Equity - Line of Credit ("Contral.:t") with Lender as of November 16,
<br />2007, 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 ADVANCES)*** of Eight
<br />Thousand and 00/100 Dollars (U.S. $8,000.00) ("Credit Limit"). Any party interested in the details related to
<br />Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not
<br />paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on November 15,
<br />2012. This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest,
<br />including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all
<br />other sums, with interest, advanced to protect the security of this Security Instrument under the provisions of the
<br />section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants
<br />and agreements under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of
<br />the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the
<br />following described property located in the County of Hall, State of Nebraska:
<br />Address: 2104 S Blaine St, Grand Island, Nebraska 68801
<br />Legal Description: A Tract of land in the Northwest Quarter of the Northeast Quarter (NW 114 NE
<br />114), Section Twenty-nine (29), Township Eleven (11) North, Range Nine (9), West of the 6th P.M.,
<br />Hall County, Nebraska, described as: Beginning at a point Thirty-three (33) feet West and Five
<br />Hundred Eleven (511) Feet South of the Northeast corner of such Northwest Quarter of the Northeast
<br />Quarter (NW 1/4 NE 1/4), thence running Westerly and parallel to the North line of such Northwest
<br />Quarter of the Northeast Quarter (NW 1/4 NE 1/4), a distance of One Hundred Seventy (170) feet;
<br />thence Northerly and parallel to the East boundary of such section, a distance of Seventy-eight (78)
<br />feet; thence Easterly and parallel to the North boundary of such Northwest Quarter of the Northeast
<br />Quarter (NW 1/4 NE 1/4) a distance of One Hundred Seventy (170) feet, thence Southerly and parallel
<br />
<br />(l2004.2007 Copyright Compliance Systems, Inc. 8C9C-6A61 - 2007_0L201
<br />Consumer Rt=al Estatc= ~ Sc=clJtity Tnstrul'lle'tlt DL2036
<br />
<br />Page I of7
<br />
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