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<br />N <br />S <br />S <br />0:> <br />S <br />C,0 <br />0:> <br />-.....I <br />0:> <br /> <br />~~ ~ <br />~ ~ <br />~~~ <br />~\\ ~ <br />-.;~ <br />~~~ <br />~~ <br />~ >t <br />~ <br />~ <br />, <br />I <br /> <br /> ~ n S <br /> X <br /> -n m ,...." <br /> c: n :c c:::::o C") (f) ~ <br /> <=> C) <br />2~ z '" ~ <=:> o -j <br />0 ::3 c~ N <br /> z-j <br />~ ~t =0 -jf'T1 0 :n <br />ncn -c: -<0 P:l <br />~:c Q - c::> <br /> 0"" 0-" <br /> en -"z > <br /> ..,., ex:> en <br /> 0 <:;7 ~ ::c f'T1 a <br /> r'Tl -0 .~ UJ 0 <br /> 0- fTl t 3 r ;;0 W <br /> 0 r> <br /> (fl ~ (f) ex:> <br /> N ;::>0; <br /> ;po ~ i5 <br /> (f1 -- <br /> co (f) CD ~ <br /> <fi ~ <br /> <br />~ <br />'0 <br /> <br />(Space Above This Line For Recording Data) <br /> <br />..3L ,00 <br /> <br />LOAN NUMBER; 0166017060 <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 Instrumcnt") is made on April 29, 2008. The grantor is MICHAEL T GRIM, <br />A SINGLE PERSON, whose address is 1503 PIPER AVE, Grand Island, Nebraska 68803 ("Borrower"). <br />Borrower is not nccessarily the same as the Person or Pcrsons who sign the Contract. The obligations of Borrowers <br />who did not sign the Contract are eXplained further in the section titlcd 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, Ncbraska 68501 ("Trustee"). The beneficiary is TierOne Bank, which is organizcd and <br />existing under the laws of the United States of Amcrica and whose address is 1235 'N' St / PO Box 83009, <br />Lincoln, Nebraska 68501 ("Lender"). MICHAEL T GRIM has entered into a Equity ~ Line of Credit <br />("Contract") with Lender as of April 29, 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 Twenty~five Thousand and 00/100 Dollars (U.S. $25,000.00) ("Credit <br />Limit"). Any party intercsted in the details related to Lender's continuing obligation to make advances to Borrowcr <br />is adviscd to consult directly with Lender. If not paid earlier, the sums owing under Borrowcr's Contract with <br />Lender will be due and payable on May 15, 2013. This Security Instrument secures to Lcnder: (a) the repayment <br />of the debt undcr the Contract, with interest, including future advances, and all renewals, extensions and <br />modifications ofthc 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) thc 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 foHowing described property located in thc COUNTY of <br />HALL, State of Nebraska: <br />Address: 1503 PIPER AVE, Grand Island, Nebraska 68803 <br />Legal Description: LOT EIGHT (8), ISLAND ACRES NO.9 SUBDIVISION IN THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA, AND LOT ONE (1) EXCEPT THE <br />SOUTHERLY SIXTY AND EIGHT~SIX HUNDREDTHS (60.86) FEET OF SAID LOT ONE (1) OF <br />ISLAND ACRES NO. 13 SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />Parcel ID/Sidwell Number: 400049538 <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 /> <br /><G 2004-2007 Copytighl Compliance Systems. Inc. P81 A-CI511- 2IlO8.02.266 <br />Consumer Real Estate - Security In~tnlment DL2036 <br /> <br />Page 1 of7 <br /> <br />www.complianccsystl::ms.com <br />800-968-8522 - fox 616-956-1868 <br />