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<br />LOAN NUMBER: 0166016408
<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 March 21, 2008. The grantor is DARREN J
<br />HELLBUSCH, a single person, whose address is 1511 ALLEN AVE, Grand Island, Nebraska 68803-2930
<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 / 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 / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). DARREN J HELLBUSCH has entered into a
<br />Equity - Line of Credit ("Contract") with Lender as of March 21, 2008, under the terms of which Borrower may,
<br />from time to time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT
<br />(EXCLUDING PROTECTIVE ADV ANCES)*** of Twenty Thousand and 00/100 Dollars (U.S. $20,000.00)
<br />("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make advances to
<br />Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract
<br />with Lender will be due and payable on March 15, 2013. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt under the Contract, with interest, including future advances, and all renewals, extensions and
<br />modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of
<br />this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property;
<br />and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Contract.
<br />For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and
<br />conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall,
<br />State of Nebraska:
<br />
<br />Address: 1511 ALLEN AVE, Grand Island, Nebraska 68803-2930
<br />Legal Description: LOT TWENTY (20), R & B SUBDIVISION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />Parcel ID/Sidwell Number: 400160021
<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 />Q 2004-2007 Copyright Complia/lee Syste/l", I"". 8C907FFA - 2007,01.201
<br />CollSumcr Real Estate - S..urity IllS!ru""'/lr DL2036
<br />
<br />Page lof7
<br />
<br />www.compliances).Stems.com
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