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m ~~ - ~ r~iro nn z a ~ m '~ I ~ a ~' ~ ~ c n = ~ ~' ° ` i ~ ~` ran ~ ~ ~>a ~ z ~ ~ ~ ~ ; ~ v ~ ~ ~ ~ ~ ; ~ y! rn C ~ q f.1] L T ~ ~ = ~ ~ ~ ~ ° rn ~ ~ ~ ~ ~ ~ CJt ~ ~ ~ z ~ ~ a ~ ~ ~ rn ° 3 ~ ~ ~ ~ UD I~T1 ~ ~ ~ ~ ~' ~ C.C7 ~-I C.t7 ~ ~ ~ tU 6` ~ ~ S: 5 v (Space Above This Line For Recording Data) LOAN NUMBER: 0166017940 DEED OF TRUST (PREAUTHORIZED (OPEN END) CREDIT -FUTURE ADVANCES ARE SECURED SY THIS DEED OF TRUST) THIS DEED OF TRUST ("Security Instrument") is made on November 9, 2009. The grantor is CRAIG L PARO and KARLA A PARO, HUSBAND AND WIFE, whose address is 2110 STAGECOACH RD, Grand Island, Nebraska 68801-7356 ("Borrower"). Borrower is not necessarily the same as the Ferson or Persons who sign the Contract. The obligations of Borrowers who did not sign the Contract are explained further in the section titled Successors and Assigns Baund; .Ioint and Several Liability; Accommodation Signers. The trustee is TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee"). The beneficiary is TierOne Bank, which is organized and existing under the laws of the United States of America and whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). CRAIG L PARO and KARLA A PARO have entered into aEquity -Line of Credit ("Contract") with Lender as of November 9, 2009, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMUUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Forty Thousand and 00/100 Dollars (U.5. $40,000.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on November 25, 2014. This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee,tn trust, with power of salt, the fcllowrrrg described property located in the COUNTY of HALL, State of Nebraska: Address: 2110 STAGECOACH RD, Grand Island, Nebraska 68801-7356 Legal Description: LOT 26, REGENCY BY THE GREEN SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA Parcel ID/Sidwell Number: 400082381 TOGETHER WITH all the improvements naw or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Froperty and that the Froperty is unencumbered, except for encumbrances of record. ® 2004-2009 Compliance Systems, Inc. A917-EIC4 - 2009.05.350 Consumer Reel Estate -Security Instmmcnt DL2036 Page 1 of 7 www.compliancesystems.com