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<br />DEED OF TRUST
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<br />IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 2ND day of JULY , 20 01 , among the Grantor,
<br />KYLE E. HUGHES AND SUSAN J. HUGHES, HUSBAND AND WIFE
<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 />n WHEREAS, Borrower is indebted to Lender in the principal sum of $ 1 1 , 316. 26
<br />evt enced by Borrower's Loan Agreement dated JULY 2, 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 JULY 2, 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 />LOT NINETEEN (19), AND THE EASTERLY ONE —HALF (E1 /2) OF LOT
<br />EIGHTEEN (18), ALL IN BLOCK FIVE (5), IN MORRIS THIRD
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br />(Page 1
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<br />E;
<br />IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 2ND day of JULY , 20 01 , among the Grantor,
<br />KYLE E. HUGHES AND SUSAN J. HUGHES, HUSBAND AND WIFE
<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 />n WHEREAS, Borrower is indebted to Lender in the principal sum of $ 1 1 , 316. 26
<br />evt enced by Borrower's Loan Agreement dated JULY 2, 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 JULY 2, 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 />LOT NINETEEN (19), AND THE EASTERLY ONE —HALF (E1 /2) OF LOT
<br />EIGHTEEN (18), ALL IN BLOCK FIVE (5), IN MORRIS THIRD
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
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