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<br />LOAN NUMBER: 0166015758
<br />
<br />DEED OF TRUST
<br />
<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 June 28, 2007. The grantor is RANDY R
<br />EICKHOFF, whose address is 206 Valley Dr, Phillips, Nebraska 68865 ; and LISA A EICKHOFF,
<br />HUSBAND AND WIFE, whose address is 206 Valley Dr, Phillips, Nebraska 68865 ("Borrower"). Borrower is
<br />not necessarily the same as the Person or Persons who sign the Contract. The obligations of Borrowers who did not
<br />sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint and Several
<br />Liability; Accommodation Signers. The trustee is TierOne Bank whose address is 1235 'N' St I P.O. Box 83009,
<br />Lincoln, Nebraska 68501 . ("Trustee"). The beneficiary is TierOne Bank, which is organized and existing under
<br />the laws ofthe United States of America and whose address is 1235 'N' St I PO Box 83009, Lincoln, Nebraska
<br />68501 ("Lender"). RANDY R EICKHOFF and LISA A EICKHOFF have entered into a Equity - Line of
<br />Credit ("Contract") with Lender as of June 28, 2007, under the terms of which Borrower may, from time to time,
<br />obtain 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 interested in the details related to Lender's continuing obligation to make advances to Borrower
<br />is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with
<br />Lender will be due and payable on July 15, 2012. This Security Instrument secures to Lender: (a) the repayment of
<br />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 tbe 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
<br />HALL, State of Nebraska:
<br />Address: 1812 W College, Grand Island, Nebraska 68803
<br />LegalDescrintion:The West Fifty Six (56) feet of Lots Seventeen (17) and Nineteen (19)"
<br />in block Twenty-Five (25), of College Addition to West Lawn, An addition to the
<br />Parcel ID/Sidwell Number: 400035561 city of Grand Island, Hall County, Nebraska
<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 />Ci 2004-2007 Copyright Complian"" S)'lltclllS. I"'. 8C9C-I69E - 2007.01.201
<br />Consumer Real Estate - Security I"'tru"",nt DL2036
<br />
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<br />www.compliancesystemfj,c:om
<br />800-968-8522 - Fax 616-956-1868
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