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<br />'ION REQUESTED BY:
<br />E FEDERAL CREDIT UNION
<br />STATE ST PO BOX 1508
<br />SLAND, HE 68802-1508
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<br />:ORDED MAIL TO:
<br />
<br />FEDERAL CREDIT UNION
<br />STATE ST. PO BOX 1508
<br />LAND, NE 68802-1508
<br />
<br />"~1'I1TIKA NOTICES TO:
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<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
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<br />REVOLVING CREDIT DEED OF TRUST
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<br />MOUNT OF PRINCIPAL INDEBTEDNESS: $ 50 I 000.00
<br />
<br />IS DEED OF TRUST IS DATED 1O-7-m~ ,among
<br />GRANT W. HANSEN AND PAMRl.A !L HANSEN. HIISRANIl AND WIFE
<br />whose l!Iddress Is 4146 MASON AVE.. GRAND ISlAND, HE 68803
<br />(referred to below as "Grantor"); NAFCO NE Federal Credit Union, whose address Is 2115 W. STATE ST..'. _ PO BOX 1508 GRAND
<br />Island, NE 68802-150a:referred to below sometimes as "Lender" and somellmes as "Beneficiary"), a corporation organized lIIId existing
<br />under the 11M'S of NEBRASKA i l!II1d
<br />RONALD DEPUE. ATTORNEY , whose address is
<br />%NORWEST BANK BUILDING. 202 WEST 3RD. GRAND ISLAND. HE 68801 (referred to below as "Trustee").
<br />
<br />1. CONVEYANCE AND GRANT. For valuable considerallon, Grantor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Granlor's right, tille, and interest in and 10 the following described real property, together with all existing or subsequently
<br />erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all waler, water rights and ditch rights
<br />(inciuding stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating 10 the real property, including wilhoutlimilation
<br />any rights Granlor later acquires in the fee simple tille to the land, subjeclto a Lease, if any, and all minerals, oil, gas, geothermal and similar maners,
<br />located in HAU. , State of Nebraska (the "Real Property"):
<br />
<br />LOT SIX (6). IN SUNSET SIXTH SUBDIVISION, IN THE CITY OF
<br />GRAND ISLAND. BALL COUNTY, NEBRASKA
<br />
<br />The Real Property or its address is commonly known as
<br />4146 MASON AVE.. GRAND ISLAND. NE 68803
<br />
<br />, NE,
<br />
<br />Granlor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Grantor's right, tille, and interest in and 10 all present and
<br />future leases of the Property.
<br />
<br />2. DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms nol olherwise defined in this Deed
<br />of Trusl shall have Ihe meanings attribuled to such terms in the Nebraska Uniform Commercial Code.
<br />
<br />Beneficiary. The word "Beneficiary" means NAFCO NE Federal Credit Union, its successors and assigns. NAFCO NE Federal Credit Union also
<br />is referred 10 as 't.ender" in this Deed of Trust.
<br />
<br />Borrower. The word "Borrower" means each and every person who signs the LOANLlNER@ Home Equity Plan Credit Agreement secured by this
<br />Deed of Trust.
<br />
<br />Credit Agreement. The words "Credll Agreement" mean the revolving credll agreement dated 10-7-08 I with a credlllimlt
<br />in the amount of $ 50.000.00 , between Grantor and Lender, together with all renewals, extensions,
<br />modifications, refinancings, and subslilutions for Ihe Credit Agreemenl. The m9,lurity dale of Ihis Deed 01 Trusl. which is the date by which all
<br />Indebledness under lhe Cradil Agreement and this Deed of Trust is due is lU-7-23 , NOTICE TO GRANTOR: THE CREDIT
<br />AGREEMENT CONTAINS A VARIABLE INTEREST RATE_
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