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<br />LOAN NUMBER: 0166017104
<br />
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT -FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />
<br />THTS DEED OF TRUST ("Security Instrument") is made on January 6, 2009, The grantor is BOB R NAGEL
<br />and KAREN I. NAGEL, HUSBAND AND WIFE, whose address is 1905 N NORTH RD, Grand Island,
<br />Nebraska 68803-1608 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Contract. The obligations of Borrowers who did not sign the Contract arc explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is
<br />TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee"), The
<br />beneficiary is TierOne Bank, which is organized and existing under the laws of the United States of America and
<br />whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"), BOB R NAGEL and
<br />KAREN L NAGEL have entered into a Equity - Line of Credit ("Contract") with Lender as of January 6,2009,
<br />under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a
<br />***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Eight
<br />Thousand Two Hundred Eighty-six and 00/100 Dollars (U.S. $8,286.00) ("Credit Limit"). Any party interested
<br />in the details related to Lender's continuing obligation to make advances to Borrower is advised to consult directly
<br />with Lender. Ifnot paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on
<br />January 15,2014, This Security Instrument secures to Lender: (a) the repayment of the 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: 1905 N NORTH RD, Grand Island, Nebraska 68803-1608
<br />Legal Description: A TRACT OF LAND COMPRISING A PART OF THE SOUTHWEST
<br />QUARTER OF THE NORTHWEST QUARTER (SW1I4NW1I4) OF SECTION TWELVE (12),
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL
<br />COUNTY, NEBRASKA MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT
<br />THE SOUTHWEST CORNER OF SAID NORTHWEST QUARTER (NW1I4); THENCE RUNNING
<br />NORTHERLY ALONG THE WEST LINE OF SAID NORTHWEST QUARTER (NW1/4), A
<br />DISTANCE OF TWO HUNDRED FORTY -FIVE (245.0) FEET; THENCE RUNNING EASTERLY
<br />AND PARALLEL TO THE SOUTH LINE OF SAID NORTHWEST QUARTER (NWl/4), A
<br />DISTANCE OF THREE HUNDRED (300.0) FEET; THENCE RUNNING SOUTlIERLY AND
<br />PARALLEL TO THE WEST LINE OF SAID NORTHWEST QUARTER (NW1I4), A DISTANCE
<br />
<br />C 2004-2007 C'-opydgh' Comph."e. S)",."", loe. D81A-15A2 - 2ooS.02.266
<br />Consumer Real E$1:llte - Security Jnstrnment DL2036
<br />
<br />P.ge 1 of7
<br />
<br />www.complillncesystems.com
<br />800-968"8522 - F.x 616-956-1868
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