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<br />N <br />lSl <br />lSl <br /><Xl <br />lSl <br /><Xl <br />0'1 <br />0'1 <br /><Xl <br /> <br />n <br />f~~ <br />t ~ ;;" <br />r-I =:. 11 <br />C<'I -J 0 <br />- D.-- <br />t.L~ <br />~ <br />1"'\ <br /> <br /> 10 n~ <br /> m ~cn <br /> "'" <br /> c: n~ <br />n Z '" <br />'% ~~ <br />m <br />n en <br />~ :J: <br /> ~ <br /> \J\ <br /> . <br /> ~ <br /> a <br /> <br />.............."'1 <br /> <br />':1':.) "'b~~'.:::. <br />rn '. <br />.;) ",;:..'- <br />o '~: <br />..." <br />CJ ci <br />~ f\ ',,' <br />~ ~ <br /> <br /> rn <br />,-.,.;. ~ <br />e~;:> C, (fJ 0 m <br />~ <br />C/O 0 -I :D <br /> c: 1> N m <br />= z: --~ C <br />c-:> -1 rrl C> :I> <br />~ <br /> -< 0 CJ) <br /> 0 -Tl C> <br />-.J '1 -_or co Z <br />,""'-.~ en <br /> I f"T1 -t <br />lJ 1> CV c::> :D <br />.- :.n C <br />::3 .- J:o-. co 3: <br /> (n Ul rn <br />I--" ?> ~ <br /> 1> Ul <br />Co.) ---- ---- Z <br />-.J (/) co Q <br /> (/) <br /> <br />200808558 <br /> <br /> <br />~ SPACE ABOVE THIS LINE FOR RECORDER'S USE <br /> <br />t REVOLVING CREDIT DEED OF TRUST <br />THIS DEED OF TRUST CONTAINS A DUE-ON-SALE PROVISION AND SECURES INDEBTEDNESS UNDER A CREDIT AGREEMENT WHICH <br />PROVIDES FOR A REVOLVING LINE OF CREDIT AND MAY CONTAIN A VARIABLE RATE OF INTEREST. <br /> <br /> <br />::::....... <br />-l""\; <br />~e;.s <br />f" <br />I <br /> <br />~ <br />c:- <br />;:,..: <br /> <br />THIS DEED OF TRUST ("Security Instrument") is made on September 25, 2008 <br />The Trustor is Nancy M. and Irvin R. Collins <br /> <br />-<'t .S-O <br /> <br />("Borrower"). <br />("Trustee"). <br /> <br />The Trustee is Central Nebraska Federal Credit Union <br />The Beneficiary is Central Nebraska Federal Credit Union <br />a corporation organized and existing under the laws of Nebraska <br />whose address is 609 S. Locust St. Grand Island. Ne 68801 <br /> <br />("Lender"). <br /> <br />IN CONSIDERATION of the indebtedness herein recited and the trust herein created; <br />TO SECURE to Lender: <br />(1) The repayment of all indebtedness due and to become due under the terms and conditions of the LOANLlNER@ Home Equity <br />Plan Credit Agreement and Truth-in-Lending Disclosures made by Borrower and dated the same day as this Security <br />Instrument, and all modifications, amendments, extensions and renewals thereof (herein "Credit Agreement"). Lender has <br />agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of a revolving nature <br />and may be made, repaid, and remade from time to time. Borrower and Lender contemplate a series of advances to be <br />secured by this Security Instrument. The total outstanding principal balance owing at anyone time under the Credit <br />Agreement (not including finance charges thereon at a rate which may vary from time to time, and any other charges and <br />collection costs which may be owing from time to time under the Credit Agreement) shall not exceed <br />Fifteen Thousand Dollars <br /> <br />($ 15000.00 ). That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit <br />Agreement as the Credit Limit. On the final Payment Date, 10 years from the date of this Security Instrument, <br />the entire indebtedness under the Credit Agreement, if not paid earlier, is due and payable. <br />(2) The payment of all other sums advanced in accordance herewith to protect the security of this Security Instrument, with <br />finance charges thereon at a rate which may vary as described in the Credit Agreement. <br />(3) The performance of Borrower's covenants and agreements under this Security Instrument and under the Credit Agreement. <br />BORROWER irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall , State of Nebraska: <br /> <br />Fractional lot number one (1) in fractional bwock number twenty-three (23) <br />in Fairview Park Addition to the City of Grand Island, Hall County. Nebraska. <br />and its complements to-wit: Fractional lot number one (1) in fractional block <br />number two (2) in Rollins' Addition to the City of Grand Island. Nebraska. <br />and fractional lot number one (1) in fractional block number seven (7) in <br />Wallichs' Addition to the City of Grand Island. Hall County. Nebraska, <br /> <br />which has the address of 1003 West 8th Street Grand Island, Ne 68803 <br />(Street) <br /> <br />Grand Island <br />(City) <br /><t;J CUNA MUTUAL INSURANCE SOCIETY, 1991,2001, ALL RIGHTS RESERVED <br /> <br />,Nebraska 68803 <br /> <br />(herein "Property Address"); <br /> <br />(Zip Code) <br /> <br />ENE997 <br /> <br />PAGE 1 <br />