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DEED OF TRUST (PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED BY THIS DEED OF TRUST) THIS DEED OF TRUST ("Security Instrument") is made on August 20, 2008. The grantor is CHRIS R RillA and RHONDA M RIHA, HUSBAND AND WIFE, whose address is 3560 HILLSIDE DR, Grand Island, Nebraska 68803-6518 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Contract. The obligations of Borrowers who did not sign the Contract are explained further in the section titled Succcssors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee"). The beneficiary is TierOne Bank, which is organized and existing under the laws ofthe United States of America and whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). CHRIS R RIHA and RHONDA M RIHA have entered into a Equity - Line of Credit ("Contract") with Lender as of August 20, 2008, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADV ANCES)*** of Forty-three Thousand Eight Hundred and 00/100 Dollars (U.S. $43,800.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on August 15, 2013. This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, State of Nebraska: Address: 3560 HILLSIDE DR, Grand Island, Nebraska 68803.6518 Legal Description: LOT 14, WESTROADS ESTATES 4TH APnITION, GRAND ISLAND, HALL COUNTY, NEBRASKA s4ttl i r /.51 fJ'"r-J Parcel ID/Sidwell Number: 400204843 ~ TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. i;> 2004.2007 COPY';ght Compliance Systcms. Inc. D81A-9EllF. 2008.02.266 Cotl$umcr Real Esta.te - Security InstNment DL2036 rage I of? www.compliance.!iys.tCn1s.com 800"968-8522. Fax 616-956-1868