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<br /> R�cording requested by: � �'� s o� o -{ a
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<br /> PREFERRED CREDIT CORPORATION � �' cp -n a F, �
<br /> 3347 MICHELSON,SUITE#400 � �i' .-� z � o �
<br /> IRVINE, CALIFORNIA 92612 �� �
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<br /> Loan Number: 21413255 � � v> r,p o
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<br /> DEED OF TRUST
<br /> ��
<br /> THIS DEED OF TRUST is made this 2ndday of February 1998,among the Trustor, JOSEPHINE M.REYES,
<br /> UNMARRIED WOMAN(herein"Borrower"),FIDELITY NATIONAL TITLE INSURANCE COMPANY(herein"Trustee"), �
<br /> and the Beneficiary, \�•
<br /> PREFERRED CREDIT CORPORATION
<br /> a corporation organized and existing under the laws of CALIFORNIA,whose address is 3347 MICHELSON,SUITE#400
<br /> IRVINE,CA.92612
<br /> (herein"Lender").
<br /> BORROWER,in consideration of the indebtedness herein recited and the trust herein created,inevocably grants and conveys to
<br /> Trustee,in trust,with power of sale,the following described property located in the County of HALL,State of Nebraska:
<br /> LOT FOUR(4)GALVAN SUBDIVISION IN THE CITY OF GRAND ISLAND,HALL COUNTY,NEBRASKA.
<br /> THIS DEED OF TRUST IS SECOND AND SUBORDINATE TO AN EXISTING FIRST DEED OF TRUST NOW OF
<br /> RECORD.
<br /> which has the address of 568 EAST 20TH STREET GRAND ISLAND
<br /> [Street] [City]
<br /> Nebraska 68801 (herein"Property Address");
<br /> [Zip Code]
<br /> TOGETHER with all the improvements now or hereafter erected on the property,and all easements,rights,
<br /> appurtenances and rents(subject however to the rights and authorities given herein to Lender to collect and apply such rents),
<br /> all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust;and all of the foregoing,
<br /> together with said property(or the leasehold estate if this Deed of Trust is on a leasehold)are hereinafter referred to as the
<br /> ���.opem,���
<br /> TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated February 2, 1998 and
<br /> extensions and renewals thereof(herein "Note"), in the principal sum of U.S. 15,000.00 , with interest thereon, providing for
<br /> monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on
<br /> February 9,2018 ;the payment of all other sums,with interest thereon,advanced in accordance herewith to protect the security of
<br /> this Deed of Trust;and the performance of the covenants and agreements of Borrower herein contained.
<br /> Bonower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the
<br /> Property,and that the Property is unencumbered, except for encumbrances of record. Bonower covenants that Borrower warrants
<br /> and will defend generally the title to the Property against all claims and demands,subject to encumbrances of record.
<br /> NEBRASKA-SECOND MORTGAGE-1/80 FNMA/FHLMC UNIFORM INSTRUMEN Page 1 of 4 Form 3828
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