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<br />(Space Above Tlus Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166015761
<br />
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on December 28, 2007. The grantor is JODY D
<br />BENNETT and ROBIN R BENNETT, HUSBAND AND WIFE, whose address is 3947 MARY LN, Grand
<br />Island, Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Contract. The obligations of Borrowers 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 />TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 " ("Trustee"). The
<br />beneficiary is TierOne 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"). JODY D BENNETT and
<br />ROBIN R BENNETT have entered into a Equity - Line of Credit ("Contract") with Lender as of December
<br />28, 2007, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a
<br />***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Fifteen
<br />Thousand and 00/100 Dollars (U.S. $15,000.00) ("Credit Limit"). Any party interested in the details related to
<br />Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. Ifnot
<br />paid earlier, the SunlS owing under Borrower's Contract with Lender will be due and payable on January 15, 2013.
<br />This Security Instrument secures to Lender: (a) the repayment ofthe debt under the Contract, with interest,
<br />including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all
<br />other sums, with interest, advanced to protect the sccurity of this Security Instrument under the provisions of the
<br />section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants
<br />and agreements under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of
<br />the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the
<br />following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 3947 MARY LN, Grand Island, Nebraska 68803
<br />Legal Description: LOT TWENTY -FOUR (24), IN MARYLANE SUBDIVISION, GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />Parcel ID/Sidwell Number: 400159066
<br />
<br />TOGETHER WITH 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 />covered by this Security Instnnnent. All of the foregoing is referred to in this Sccurity Instrunlent as the
<br />"Property. "
<br />
<br />@2004.2007CopyrightCmnpliance Sy.<telll<, In". 8C9C.I036" 2007.01.201
<br />COIlsumer Real Estak - Sccmity II'~trUlnent DL2036
<br />
<br />Page 1 of7
<br />
<br />WWW.COIIlpliancesy~ems.com
<br />800-968-8522" Fax 616-956-1868
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