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DEED OF TRUST
<br />511700 -10- 502141
<br />(Page I of 5)
<br />Asa
<br />FT IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 12TH day of MAY , 20 00 , among the Grantor,
<br />KEVIN J. JORGENSEN AND STACIE A. JORGENSEN AND APRIL A. CUPPLES, J/T NOT T /I /C
<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 />WHEREAS, Borrower is indebted to Lender in the principal sum of $
<br />evi enced by Borrower's Loan Agreement dated 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
<br />F7X WHEREAS, Borrower is indebted to Lender in the principal sum of $ 12,000.00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated MAY 12, 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 $12, 500. 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 />IN HALL COUNTY, NEBRASKA:
<br />LOT SEVEN (7), IN BLOCK THREE (3), OF KOEHLER PLACE, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />TAX MAP OR PARCEL ID NO.: 400054760
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<br />DEED OF TRUST
<br />511700 -10- 502141
<br />(Page I of 5)
<br />Asa
<br />FT IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 12TH day of MAY , 20 00 , among the Grantor,
<br />KEVIN J. JORGENSEN AND STACIE A. JORGENSEN AND APRIL A. CUPPLES, J/T NOT T /I /C
<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 />WHEREAS, Borrower is indebted to Lender in the principal sum of $
<br />evi enced by Borrower's Loan Agreement dated 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
<br />F7X WHEREAS, Borrower is indebted to Lender in the principal sum of $ 12,000.00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated MAY 12, 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 $12, 500. 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 />IN HALL COUNTY, NEBRASKA:
<br />LOT SEVEN (7), IN BLOCK THREE (3), OF KOEHLER PLACE, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />TAX MAP OR PARCEL ID NO.: 400054760
<br />
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