611700 -18- 502051
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<br />DEED OF TRUST
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<br />DEED OF TRUST
<br />FX IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 2'1TH day of MARCH , 20 00 ,among the Grantor,
<br />ROBERT J. LYNN AND LISA K. SPIEHS
<br />(Herein - mrrower), r I UCL I Y IVH I I UNIAL I I I LC I IVJUNIANUL UUMr /ANY
<br />(herein. "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA INC. D / B / A BENEFICIAL MORTGAGE CO.
<br />a corporation organized and existing under the law of NEBRASKA whose address is
<br />2604 ST PATRICK, STE 7, GRAND ISLAND, NE 68803
<br />(herein "Lender").
<br />The following paragraph preceded by a checked box is applicable.
<br />WHEREAS, Borrower is indebted to Lender in the principal sum of $
<br />evidenced by Borrower's Loan Agreement dated and any extensions or renewals thereof
<br />including those pursuant to any Renegotiable Rate Agreement herein " ote" , providing for monthly installments of
<br />principal and interest, including any adjustments to the amount of payments or the contract rate if that rate is variable,
<br />with the balance of the indebtedness, if not sooner paid, due and payable on ;
<br />aWHEREAS, Borrower is indebted to Lender in the principal sum of $ 16,400. 00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated MARCH 27, 2000 and
<br />extensions and renewals thereof (herein "Note "), providing for monthly installments, and interest at the rate and under
<br />the.. terms specified in the Note,including any adjustments in the interest rate if that rate is variable,and providing for a
<br />credit limit stated in the principal sum above and an initial advance of $16 , goo, 00 ;
<br />TO SECURE to Lender the repayment of the indebtedness, including future advances, evidenced by the Note,
<br />with interest thereon at the applicable contract rate (including any adjustments to the amount of payment or the
<br />"contract rate if that rate is variable) and other charges; the payment of all other sums, with interest thereon, advance in
<br />'accordance herewith to protect the security of this Deed of Trust; and the performance of the convenants and
<br />agreements- of Borrower. herein contained, Borrower, in consideration of the indebtedness herein recited and the trust
<br />herein created, irrevocably grants and conveys to Trustee, in trust with power of sale, the following described property
<br />located in the County of HALL State of Nebraska:
<br />THE EASTERLY THIRTEEN (13) FEET AND FOUR (4) INCHES OF
<br />FRACTIONAL LOT FIVE (5) AND THE WESTERLY THIRTY NINE (39)
<br />FEET AND EIGHT (8) INCHES OF FRACTIONAL LOT SIX (6), IN
<br />FRACTIONAL BLOCK FOUR (4) , ARNOLD AND ABBOTT'S ADDITION
<br />AND THEIR COMPLEMENT TO -WIT: THE EASTERLY THIRTEEN (13)
<br />FEET AND FOUR (4) INCHES OF FRACTIONAL LOT NINE (9) AND THE
<br />WESTERLY THIRTY -NINE (39) FEET AND EIGHT (8) INCHES OF
<br />FRACTIONAL LOT SIX (6), IN FRACTIONAL BLOCK THIRTEEN (13),
<br />IN ROLLIN'S ADDITION, BOTH BEING ADDITIONS TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />IIIIIIII III IIIIIIIN 1111 Hill 1111111111IN III 11111111111111111011111111111111111111111111111
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<br />(Page 1 of 5)
<br />FX IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 2'1TH day of MARCH , 20 00 ,among the Grantor,
<br />ROBERT J. LYNN AND LISA K. SPIEHS
<br />(Herein - mrrower), r I UCL I Y IVH I I UNIAL I I I LC I IVJUNIANUL UUMr /ANY
<br />(herein. "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA INC. D / B / A BENEFICIAL MORTGAGE CO.
<br />a corporation organized and existing under the law of NEBRASKA whose address is
<br />2604 ST PATRICK, STE 7, GRAND ISLAND, NE 68803
<br />(herein "Lender").
<br />The following paragraph preceded by a checked box is applicable.
<br />WHEREAS, Borrower is indebted to Lender in the principal sum of $
<br />evidenced by Borrower's Loan Agreement dated and any extensions or renewals thereof
<br />including those pursuant to any Renegotiable Rate Agreement herein " ote" , providing for monthly installments of
<br />principal and interest, including any adjustments to the amount of payments or the contract rate if that rate is variable,
<br />with the balance of the indebtedness, if not sooner paid, due and payable on ;
<br />aWHEREAS, Borrower is indebted to Lender in the principal sum of $ 16,400. 00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated MARCH 27, 2000 and
<br />extensions and renewals thereof (herein "Note "), providing for monthly installments, and interest at the rate and under
<br />the.. terms specified in the Note,including any adjustments in the interest rate if that rate is variable,and providing for a
<br />credit limit stated in the principal sum above and an initial advance of $16 , goo, 00 ;
<br />TO SECURE to Lender the repayment of the indebtedness, including future advances, evidenced by the Note,
<br />with interest thereon at the applicable contract rate (including any adjustments to the amount of payment or the
<br />"contract rate if that rate is variable) and other charges; the payment of all other sums, with interest thereon, advance in
<br />'accordance herewith to protect the security of this Deed of Trust; and the performance of the convenants and
<br />agreements- of Borrower. herein contained, Borrower, in consideration of the indebtedness herein recited and the trust
<br />herein created, irrevocably grants and conveys to Trustee, in trust with power of sale, the following described property
<br />located in the County of HALL State of Nebraska:
<br />THE EASTERLY THIRTEEN (13) FEET AND FOUR (4) INCHES OF
<br />FRACTIONAL LOT FIVE (5) AND THE WESTERLY THIRTY NINE (39)
<br />FEET AND EIGHT (8) INCHES OF FRACTIONAL LOT SIX (6), IN
<br />FRACTIONAL BLOCK FOUR (4) , ARNOLD AND ABBOTT'S ADDITION
<br />AND THEIR COMPLEMENT TO -WIT: THE EASTERLY THIRTEEN (13)
<br />FEET AND FOUR (4) INCHES OF FRACTIONAL LOT NINE (9) AND THE
<br />WESTERLY THIRTY -NINE (39) FEET AND EIGHT (8) INCHES OF
<br />FRACTIONAL LOT SIX (6), IN FRACTIONAL BLOCK THIRTEEN (13),
<br />IN ROLLIN'S ADDITION, BOTH BEING ADDITIONS TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />IIIIIIII III IIIIIIIN 1111 Hill 1111111111IN III 11111111111111111011111111111111111111111111111
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