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~~ ~~~~ ~~~ C ~ ~ ~""~ ~ ~ mm _ ~ ~ _ rte: Z -~ ~ +.s ~ n ~ m to c~.7 ca ~ . ~ ~ ~ ~ CC n to ~~ w ~ F--~ ~ YY' `~ 2r C: `` Q ' 1 ~ ft'1 ~ ~ ~ (."' ~ •~•~ C " ~ ~ tt C7 r ~:" ^~ [~~ G ~ ~ ~ ~ rV O ~ (Space Above This Line For Recording llata) LOAN NUMBER: 0166017944 DEED OF TRUST 3~r',,~ D (PREAUTHORIZED (OPEN END) CREDIT -FUTURE ADVANCES ARE SECURED SY THIS DEED OF TRUST) THIS DEED OF TRUST ("Security Instrument") is made on August 24, 2010. The grantors are CORY J SCHUTTE and VANESSA R SCHUTTE, HUSBAND AND WIFE, whose address is 4171 MICHIGAN AVE, Grand Island, Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person 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 Bound; Joint and Several Liability; Accommodation Signers. The trustee is Great Western Bank whose address is 1235 'N' St / P.O. Box 83009, LINCOLN, Nebraska 68501 ("Trustee"). "fhe beneficiary is Great Western 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"). CORY J SCHUTTE and VANESSA R SCHUTTE have entered into aEquity -Line of Credit ("Contract") with Lender as of August 24, 2010, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a ***MAXTMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Fifteen Thousand and 00/100 Dollars (U.S. $15,000.00) ("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, 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, in trust, with power of sale;, the following described property located in the COUNTY of HALL, State of Nebraska: Address: 4171 MICHIGAN AVE, Crand Island, Nebraska b8803 legal Description: LOT 4, BLOCK 3, WOODLAND PARK SECOND SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA Parcel ID/Sidwel] Number: 400425203 TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now ar hereafter a part of the property. All replacements and additions shall also be covered lay 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 Property and that the Property is unencumbered, except for encumbrances of record. ~7 20p4-2pp9 Complianoc Syslcros, Inc. 002L7-F35B - 2009.12368 Consumer Rcul Es)ale-Security Insuumen) DL2036 Pogo I of7 www.cony~liancesystems.cotn