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<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166017393
<br />
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />
<br />TJ-ITS DEED OF TRUST ("Security Instrum~nt") is made on November 7, 2008. The grantor is TIMOTHY W
<br />BOLTON and MARY ANN BOLTON, HUSBAND AND WIFE, whose address is 8745 S LOCUST ST,
<br />Doniphan, Nebraska 68832-0288 ("Borrower"). Borrower is not necessarily the same as the Person or Persons
<br />who sign the Contract. The obligations of Borrowers who did not sign the Contract are explained further in the
<br />section titled Successors and Assigns Bound; ,Joint and Several Liability; Accommodation Signers. The
<br />trustee is TicrOne Bank whose address is 1235 'N' St I P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee").
<br />The beneficiary is TierOne Bank, which is organized and existing under the laws ofthe United States of America
<br />and whose address is 1235 'N' St I PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). TIMOTHY W
<br />BOL TON and MARY ANN BOLTON have entered into a Equity. Line of Credit ("Contract") with Lender as
<br />of November 7, 2008, under the terms of which Borrower may, from time to time, obtain advances not to exceed,
<br />at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADV ANCES)*** of
<br />Twelve Thousand Nine Hundred and 00/100 Dollars (U.S. $12,900.00) ("Credit Limit"). Any party interested in
<br />the details related to Lender's continuing obligation to make advances to Borrower is advised to consult directly
<br />with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on
<br />November 15,2013, This Security Instrument secures to Lender: (a) the repayment ofthe debt under the Contract,
<br />with interest, including future advances, and all renewals, extensions and modifications of the Contract; (b) the
<br />payment of all other sums, with interest, advanced to protect the security of this Security Instrument under the
<br />provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance of
<br />Borrower's covenants and agreements under this Security Instrument and the Contract. For this purpose, Borrower,
<br />in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 8745 S LOCUST ST, Doniphan, Nebraska 68832-0288
<br />Legal Description: LOT 2, FLOYD ACRES THIRD SUBDIVISION, HALL COUNTY, NEBRASKA
<br />Parcel ID/Sidwell Number: 400327007
<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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />
<br />r.p 2004-2007 C\lpyrighL Complia.nce Sy~L~1.!), lnc. DRIA-ClB7 - 200~.02.266
<br />CUnliUmer RCI:lI F..!)I,I:I.Ll: - S~curjry [nstnmv,;Tlt ()[ .2036
<br />
<br />Pllge I of'
<br />
<br />www.complill.ncesystclns.com
<br />W()..96~-~S22 - Fax 616-956-IR6R
<br />
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