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7O �� O <br />C T N Ca O <br />N = n _ �' <br />h'V D Z R m =o —zi rn N <br />-'' z <br />v, m O <br />° r n N CIO <br />N <br />a (A <br />CD <br />W M <br />CCn N a <br />0 <br />(Space Above This Line For Recording Data) <br />(Page 1 of 5) <br />DEED OF TRUST <br />61 1700 <br />IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES. NIP <br />G <br />THIS DEED OF TRUST is made this 26TH day of MARCH , 20 01 , among the Grantor, <br />CHRIS BOERSEN AND MESA BOERSEN, HUSBAND AND WIFE, CONVEY TO GRANTEES, AS JOINT <br />TENANTS AND NOT AS TENANTS IN COMMON <br />(herein "Borrower "), AMERICAN PIONEER TITLE INSURANCE COMPANY <br />(herein "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA I NC . 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 />X I WHEREAS, Borrower is indebted to Lender in the principal sum of $ 11,304, 26 <br />evi Inced by Borrower's Loan Agreement dated MARCH 26, 2001 and any extensions or renewals thereof <br />including those pursuant to any Renegotiable Rate Agreement herein "Note" , 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 MARCH 26, 201 1 ; <br />0 WHEREAS, Borrower is indebted to Lender in the principal sum of $ , or so much thereof <br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated 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 $ <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 />A TRACT OF LAND COMPRISING A PART OF LOT SEVEN (7), NORWOOD <br />SUBDIVISION OF PART OF THE WEST HALF OF THE NORTHWEST <br />QUARTER (W1/2 NW1 /4) OF SECTION TEN (10), TOWNSHIP ELEVEN <br />(11) NORTH, RANGE NINE (9), WEST OF THE 6TH P.M., CITY OF <br />GRAND ISLAND, NEBRASKA, HALL COUNTY, AND MORE PARTICULARLY <br />DESCRIBED AS FOLLOWS; BEGINNING AT A POINT ON THE SOUTH <br />LINE OF SAID LOT SEVEN (7), SAID POINT BEING THREE HUNDRED <br />FORTY -FIVE FEET (345.0') EAST OF THE SOUTHWEST CORNER OF <br />SAID LOT SEVEN (7); THENCE RUNNING EAST ALONG THE SOUTH <br />LINE OF SAID LOT SEVEN (7) A DISTANCE OF SIXTY FEET <br />(60.0'); THENCE RUNNING NORTH, PARALLEL TO THE WEST LINE OF <br />SAID LOT SEVEN (7) A DISTANCE OF ONE HUNDRED SEVENTY FEET <br />(170.0'); THENCE RUNNING WEST, PARALLEL TO THE SOUTH LINE <br />OF SAID LOT SEVEN (7), A DISTANCE OF SIXTY FEET (60.0); <br />THENCE RUNNING SOUTH, PARALLEL TO THE WEST LINE OF SAID LOT <br />SEVEN (7), A DISTANCE OF ONE HUNDRED SEVENTY FEET (170.0) TO <br />THE POINT OF BEGINNING. <br />01 -01 -00 DOT I11111111111111111111111111111111111111111111111111111111I 11111111111lilllllll111111111111111111111111llll11111IN111lll11111llil1111111111111111111111111 <br />