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<br />200807542
<br />
<br />LOAN NUMBER: 0166016814
<br />
<br />(Spacc Above This Line For Recording Data)
<br />- ,'"".. ;,;,~L':'l':;:):~;~:':~~,~:;,~,,;,: ;""\':'::;~'''''';c~:,,.'.,",:,:O.J!=';!'(::'"''I':~~~'~:''.':'''''
<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 23, 2008. The grantor is JOHN S MEVES,
<br />A SINGLE PERSON, whose address is 1215 W KOENIG ST, Grand Island, Nebraska 68801 ("Borrower").
<br />Borrower is not necessarily the same as the Person or Persons who sign the Contract. The obligations of Borrowers
<br />who did not sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint
<br />and Several Liability; Accommodation Signers. The trustee is TierOne Bank whose address is 1235 'N' St I
<br />P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee"). The beneficiary is TierOne Bank, which is organized and
<br />existing under the laws of the United States of America and whose address is 1235 'N' St I PO Box 83009,
<br />Lincoln, Nebraska 68501 ("Lender"). JOHN S MEVES has entered into a Equity - Line of Credit ("Contract")
<br />with Lender as of August 23, 2008, under the terms ofwhieh Borrower may, from time to time, obtain advances
<br />not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE
<br />ADV ANCES)*** of Seventy.four Thousand Three Hundred and 00/100 Dollars (U.S. $74,300.00) ("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 Lcnder. If not paid earlier, the sums owing under Borrower's Contract with
<br />Lender will be due and payable on August 15, 2013. This Security Instrument secures to Lender: (a) the
<br />repayment ofthe 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 ofthe 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 describcd property located in the COUNTY of
<br />HALL, State of Nebraska:
<br />Address: 1215 W KOENIG ST, Grand Island, Nebraska 68801
<br />Legal Description: FRACTIONAL LOT 4 IN BLOCK 25 IN WIESES ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND ITS COMPLEMENT; FRACTIONAL
<br />LOT 4 IN BLOCK 25 IN CHARLES WASMER'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />ParcellD/Sidwell Number: 400139286
<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 />'" 2004-2007 Copyright Compliance Systems, Inc, D8IA.Bff2 - 2008.02,266
<br />Cunsurnc=:r Real Estate ~ Security Instrument DL2036
<br />
<br />www .Clomp Iianccsy~t~ms.cnm
<br />8oo-96S-S522 - fax 616-956-1868
<br />
<br />Page 1 of7
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