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<br />DEED OF TRUST ~
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 7, 2008. The grantor is RONALD C "
<br />SHULLA Wand NORMA .J SHULLA W, HUSBAND AND WIFE, whose address is 334 SUNSET DR,
<br />Doniphan, Nebraska 68832 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign
<br />the Note. The obligations of Borrowers who did not sign the Note 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 1 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 1 PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). RONALD C SHULLA W
<br />and NORMA J SHULLA W owe Lender the principal sum of Twenty Thousand and 00/100 Dollars (U.S.
<br />$20,000.00), which is evidenced by the note, consumer loan agreement, or similar writing dated the same date as
<br />this Security Instrument (the "Note"), which provides for periodic payments ("Periodic Payments"), with the full
<br />debt, if not paid earlier, due and payable on March IS, 2013. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the
<br />Note; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument
<br />under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance
<br />of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower,
<br />in consideration of the 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: 334 SUNSET DR, Doniphan, Nebraska 68832
<br />Legal Description: LOT TWENTY-SEVEN (27), AMICK ACRES WEST SUBDIVISION, HALL
<br />COUNTY, NEBRASKA
<br />ParcellD/Sidwell Number: 400385430
<br />
<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0160279191
<br />
<br />TOGETHER WITH all 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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except tor encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />any encumbrances of record.
<br />
<br />Borrower and Lender covenant and agree as follows:
<br />
<br /><<) 2004.2007 Copyright Compliance Systems, Inc. 8C9C-9623 - 2007,01.201
<br />Conswner Real Estate. Security Instrument 01..2036
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<br />www.r.:ompliuIIl.:l;:systems.com
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