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<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166017165
<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 August 19, 2008. The grantor is VIVIAN I
<br />DETHLOFF, A SINGLE PERSON, whose address is 2620 W STATE, Grand Island, Nebraska 68803
<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 Bank,
<br />which is organized and existing under the laws of the United States of America and whose address is 1235 'N' St
<br />/ PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). VIVIAN I DETHLOFF has entered into a Equity -
<br />Line of Credit ("Contract") with Lender as of August 19, 2008, under the terms of which Borrower may, from
<br />time to time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT
<br />(EXCLUDING PROTECTIVE ADV ANCES)*** of Fifty-seven Thousand and 00/100 Dollars (U.S.
<br />$57,000.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make
<br />advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under
<br />Borrower's Contract with Lender will be due and payable on August 15, 2013. This Security Instrument secures to
<br />Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and all
<br />renewals, extensions and modifications ofthe Contract; (b) the payment of all other sums, with interest, advanced
<br />to protect the security of this Security Instrument under the provisions ofthe section titled Protection of Lender's
<br />Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust herein created,
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />the COUNTY of HALL, State of Nebraska:
<br />Address: 2620 W STATE, Grand Island, Nebraska 68803
<br />Legal Dcscription: THE EASTERLY 66 FEET OF LOT FOURTEEN (14) AND SIXTEEN (16),
<br />BLOCK TWENTY-THREE (23), IN UNIVERSITY PLACE, AN ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Parcel ID/Sidwell Number: 400101637
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all eascmcnts,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covcred by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the
<br />"Property. "
<br />
<br /><02004.2007 Copyrigh' Compliance S1"""". Inc. D81A-f413 -1008,02.166
<br />Consumer Real Estate ~ Security Instn.unent DL2036
<br />
<br />Page I of7
<br />
<br />www.cmnplianccsystcms.com
<br />800-968-8522- fax 61&95&1868
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