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<br />(Space Abo)-e This Linc Por Recording Data)
<br />L(7AN NUMBER: 0166017933
<br />DFF,I~ OF T'RUS'T
<br />(I'12EAU'I'IIORI"/..ED (OPEN ENU) CREDIT -FUTURE ADVANCES ARE SEt~URF.D
<br />BY '1')C11S UEI+Jll Ol+' 'I'RUS'I')
<br />TIIIS I)L;L;L) OF 'I'RIJS'I' ("Security Instrument") is made on September M0, 2009. The grantor is ARNIIi,' h;
<br />SOMMER .1R and CHRIS L SOMMER, HUSBAND AND WIFI+:, whose address is 407 F, 11`Tlt, Wood River,
<br />Nehraska 68883 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Contract. The obligations of Lorrowers who did not sign the Contract are explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is
<br />`I'ierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 685f11 ("Trustee"). The
<br />beneficiary is '1'ierOne 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"). ARNIE E SUMMI+:R .1R
<br />and CHI215 L. SOMMER have entered into a E gutty -Line of Credit ("Contract") with Lender as of
<br />September 1(1, 200'), under the terms of which 13nrrower may, from time to time, obtain advances not to exceed, at
<br />any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTEC`I'1VE ADVANCES)*** of
<br />I+ifteen `Thousand and 0(1/10(1 Dollars (U.S. $15,000.00) ("Credit Limit"). Any party interested in the details
<br />related to lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender.
<br />if not paid earlier, the sums awing under Borrower's Contract with Lender will be due and payable on
<br />September 25, 2014. 'Phis Security Instrument secures to lender; (a) the repayment of the debt under the Contract,
<br />with interest, including nature 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 tinder the
<br />provisions of the section tilled Protection of Lender's Rights iu the Property; and (c) the performance o1'
<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 heroin created, irrevocably grants and conveys to 'Trustee, in trust, with
<br />power of'salc, the following described property located in the CO1JN"1'Y of IIALL, State of Nebraska:
<br />Aciclress: 407E 11'1'11, Wood River, Nebraska 68883
<br />Legal Description: '1'1)E N()127"IIEI2I,Y 245 FEET' OF 7'I-IE EASTERLY 1(1 FEET OF I..OT 3 AND
<br />`THE NOR`I'IIF,RL~Y 245 F1?1'I' O1+' 1.07' 4 IN 13RN;'1"1"S AI)I)I"PION `I'O TIIE VILLAGE OF WOOD
<br />RIVER, IIALL COCJN`I'Y, N1~:1312ASKA
<br />Parcel ID/Sidwell Nuanber: 4(10177390
<br />`I'OGL'"i'III;R WI"Tl-1 all the improvements now or hereafter erected on the property, and all casements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covored by this Security Instrument. All of the foregoing is referred to in this Security [nstrument as the.
<br />"}'roperly."
<br />. >.Uu4 71HR) (~on,pli:,ncc tiy~0.•n,y, luc. n)I'7-~}Il - 2009.05.150
<br />C~m.~uucr Itc~~l I-..n,ir . Sucw~i~y lusu•unn~nt DI-2036 Y„rc 1 of ~ www.compli,incraya~ow~.cum
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