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<br />LOAN NUMBER: 0166017942
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<br />(PREAUTHORI7.ED (OPEN END) CREDTr _ FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST")
<br />T1TIS DEED OF TRUST ("Security Instrument") is made on February 23, 201 U. The grantor is LARRY D
<br />GRIM, A SINGLE PERSON, whose address is 1509 W CHARLES ST, Grand island, Nebraska 68801-6314
<br />("Borrower"). Borrower is not necessarily the same as the Person nr Persons who sign the Contract. The
<br />obligations of Borrowers who did not sign the Contract are explained further in the section titled Successors and
<br />Assigns Bound; Joint. and Several Liability; Accommodation Signers. The trustee is TierOne Bank whose
<br />address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee"), The beneficiary is TierOne Bank,
<br />which is organized and existing under the laws of the United States of America and whose address is 1235 'N' St
<br />/ PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). LARRY D GRIM has entered into a F,quity -Line of
<br />Credit ("Contract") with Lender as of February 23, 2010, under the terms of which Borrower may, from time to
<br />time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING
<br />PR01'ECTIVE ADVANCES)*** of Eight Thousand and 00/100 Dollars (U.S. 58,000.00) ("Credit Limit").
<br />Any party interested in the details related to Lender's continuing obligation to make advances to Borrower is
<br />advised to consult directly with Lender. This Security instrument secures to Tender; (a) the repayment of the debt
<br />under the Contract, with interest, including future advances, and all renewals, extensions and modifications of the
<br />Contract; (b) the payment of all other sums, with interest, advanced. to protect the security of this Security
<br />Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Contract, For this
<br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, State of
<br />Nebraska:
<br />Address: 1509 W CHARLES ST, Grand Island, Nebraska 68801-6314
<br />Legal Description: LOT 2, BLOCK 29, IN CHARLES WASMER'S ADDiTiON TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Parcel TD/Sidwell Number: 400109093
<br />TOG);TII1R W1Ti1 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 Che
<br />"Property."
<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.
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<br />Cunnumer Rcal Estate -Security Ins,nmxnt f)120:i6 Page I of 7 www.con,plianccsystems~cum
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