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, � (� C� Recording requested by: rn rn y „ ».:-� f1 rl f' � = a�o 4 —�i . And when recorded m p '+� � �. �/� rl �L �'� -7 � � ""r �i.r � �REFERRED CREDIT CORPORATION � � � � � � �� 3347 MICHELSON,SUITE#400 � �, F--+ c� -*, � � IRVINE, CALIFORNIA 92612 •�� "''' a r-+ N � � ;> w o `1 � �� r— �'- —� �- � � t--+ � � c Loan Number: 21413132 �, � ..r� � rn CJ1 � M�"' r�-r DEED OF TRUST � o � THIS DEED OF TRUST is made this 26thday of January 1998,among the Trustor, GERALD L.LAMMERS and °�� RITA KAYE LAMMERS,HLTSBAND AND WIFE AS JOINT TENANTS(herein"Borrower"),FIDELITY NATIONAL TITLE c� INSURANCE COMPANY(herein"Trustee"),and the Beneficiary, PREFERRED CREDIT CORPORATION a corporation organized and existing under the laws of CALIFORNIA,whose address is 3347 MICHELSON, SUITE#400 IRVINE,CA.92612 (herein"Lender"). BORROWER,in consideration of the indebtedness herein recited 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: THE NORTHERLY THIRTY-TWO(32')OF LOT(12)AND THE SOUTHERLY THIRTY-TWO(32')FEET OF LOT TEN (10),BLOCK TWO(2),LJNNERSITY PLACE,CITY OF GRAND ISLAND,NEBRASKA. THIS DEED OF TRUST IS SECOND AND SUBORDINATE TO AN EXISTING FIRST DEED OF TRUST NOW OF RECORD. which has the address of 2415 NORTH SHERMAN GRAND ISLAND [5treet] [City] Nebraska 68803 (herein"Property Address"); [Zip Code] TOGETHER with all the improvements now or hereafter erected on the property,and all easements,rights, appurtenances and rents(subject however to the rights and authorities given herein to Lender to collect and apply such rents), 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, together with said property(or the leasehold estate if this Deed of Trust is on a leasehold)are hereinafter referred to as the "Property"; TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated January 26, 1998 and extensions and renewals thereof(herein "Note"), in the principal sum of U.S. 65,000.00 , with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on February 2,2018 ;the payment of all other sums,with interest thereon,advanced in accordance herewith to protect the security of this Deed of Trust;and the performance of the covenants and agreements of Borrower herein contained. 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. Borrower covenants that Borrower warrants and will defend generally the title to the Property against all claims and demands,subject to encumbrances of record. NEBRASKA-SECOND MORTGAGE-1/80 FNMA/FHLMC iJNIFORM INSTRUMEN Page 1 of 4 Form 3828