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201100338
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Last modified
3/4/2011 3:53:55 PM
Creation date
1/19/2011 1:03:02 PM
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DEEDS
Inst Number
201100338
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<br /> <br /> c7 cn <br /> -3 <br /> c; <br /> A C_ <br /> rrn = N <br /> ~ ~ ~ r• In n v► -4 rn O ~ <br /> PQ A Z _ <br /> It% 4 to z <br /> 0 C1.1 <br /> 7C = rA- " " ca <br /> as <br /> w r n a 31 <br /> 00 c , ; m c-, <br /> cr) c- <br /> a, T~l CC) <br /> CIP a m <br /> SPACE ABOVE THIS LINE FOR RECORDER'S USE <br /> REVOLVING CREDIT DEED OF TRUST <br /> THIS DEED OF TRUST CONTAINS A DUE-ON-SALE PROVISION AND SECURES INDEBTEDNESS UNDER A CREDIT AGREEMENT WHICH <br /> PROVIDES FOR A REVOLVING LINE OF CREDIT AND MAY CONTAIN A VARIABLE RATE OF INTEREST. <br /> THIS DEED OF TRUST ("Security Instrument") is made on Dprember x, 2010 <br /> The Trustor is single r s o <br /> ("Borrower"). <br /> The Trustee is e n r 1 Nebraska F 1 QrtdiL union ("Trustee"). <br /> The Beneficiary is Central Nebraska Federa 1 Credit a corporation organized and existing under the laws of Nebraska <br /> whose address is <br /> ("Lender"). <br /> IN CONSIDERATION of the indebtedness herein recited and the trust herein created; <br /> TO SECURE to Lender: <br /> (1) The repayment of all indebtedness due and to become due under the terms and conditions of the LOANLINER11 Home Equity <br /> Plan Credit Agreement and Truth-in-Lending Disclosures made by Borrower and dated the same day as this Security <br /> Instrument, and all modifications, amendments, extensions and renewals thereof (herein "Credit Agreement"). Lender has <br /> agreed to make advances to Borrower under the terms of the Credit Agreement, which advances will be of a revolving nature <br /> and may be made, repaid, and remade from time to time. Borrower and Lender contemplate a series of advances to be <br /> secured by this Security Instrument. The total outstanding principal balance owing at any one time under the Credit <br /> Agreement (not including finance charges thereon at a rate which may vary from time to time, and any other charges and <br /> collection costs which may be owing from time to time under the Credit Agreement) shall not exceed <br /> Fifty T usan da.llars <br /> 000.00 That sum is referred to herein as the Maximum Principal Balance and referred to in the Credit <br /> Agreement as the Credit Limit. On the Final Payment Date, 10 years from the date of this Security Instrument, <br /> the entire indebtedness under the Credit Agreement, if not paid earlier, is due and payable. <br /> (2) The payment of all other sums advanced in accordance herewith to protect the security of this Security Instrument, with <br /> finance charges thereon at a rate which may vary as described in the Credit Agreement. <br /> (3) The performance of Borrower's covenants and agreements under this Security Instrument and under the Credit Agreement. <br /> BORROWER irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the <br /> County of H a 1 1 , State of Nebraska: <br /> Scarff's Add to West Lawn N 1/2 Lt 3 & all Lt I Slk 23, <br /> <br /> which has the address of 1624 N. Lafayette Ave <br /> (Street) <br /> Grand I s l a n d Nebraska 6 8 8 0 3 (herein "Property Address"); <br /> (City) (Zip Code) <br /> © CUNA MUTUAL, INSURANCE SOCIETY, 1991, 2001, ALL. RIGHTS RESERVED PAGE 1 ENE997 <br />
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