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<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166016409
<br />
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
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<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 24, 2008. The j!antor is VALLIE K t
<br />CROSBY, whose address is 304 Roush Lane, Grand Island, Nebraska 68801-8264; and"IMPIIEAL CROSBY, ~phLW I
<br />WIFE AND HUSBAND, whose address is 304 ROUSH LN, Grand Island, Nebraska 68801 ("Borrower").
<br />Borrower is not necessarily the same as the Person or Persons who sign the Contract. The obligations of Borrowers
<br />who did not sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint
<br />and Several Liability; Accommodation Signers. The trustee is TierOne Bank whose address is 1235 'N' St /
<br />P.O. Box 83009, Lincoln, Nebraska 68501 . ("Trustee"). The beneficiary is TierOne Bank, which is organized
<br />and existing under the laws of the United States of America and whose address is 1235 'N' St / PO Box 83009,
<br />Lincoln, Nebraska 68501 ("Lender"). V ALLIE K CROSBY has entered into a Equity - Line of Credit
<br />("Contract") with Lender as of March 24, 2008, under the terms of which Borrower may, from time to time, obtain
<br />advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING
<br />PROTECTIVE ADV ANCES)*** of Ten Thousand and 00/100 Dollars (U.S. $10,000.00) ("Credit Limit").
<br />Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is
<br />advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender
<br />will be due and payable on March 15,2013. This Security Instrument secures to Lender: (a) the repayment of the
<br />debt under the Contract, with interest, including future advances, and all renewals, extensions and modifications of
<br />the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security
<br />Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this
<br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, State of
<br />Nebraska:
<br />
<br />Address: 304 ROUSH LN, Grand Island, Nebraska 68801-8264
<br />Legal Description: LOT TEN (10), IN BLOCK TWO (2), ROUSH SUBDlVSION, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Parcel ID/Sidwell Number: 400086158
<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 />(C 2004-2007 Copyright Compliance System", Inc. 8C9C-492I - 2007.01.201
<br />Consumer Real Estate - Security Instrument DL2036
<br />
<br />Page 1 of7
<br />
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