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DEED OF TRUST
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<br />DEED OF TRUST
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<br />a IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 17 T H day of OCTOBER
<br />CLAY E. SCHUTZ AND JANET E. SCHUTZ, H /W; J /T /R /S, NOT T /I /C
<br />, 20 01 , among the Grantor,
<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 $ 91,8-79. 71
<br />evi enced by Borrower's Loan Agreement dated OCTOBER 17 , 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 OCTOBER 1-7, 2021 ;
<br />F7 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 />THE FOLLOWING DESCRIBED REAL ESTATE IN HALL COUNTY,
<br />NEBRASKA:
<br />LOT TWO (2) AND THE WESTERLY FOUR FEET OF LOT ONE (1), ALL
<br />IN BLOCK TWO (2), IN KNICKREHM THIRD ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA. TAX MAP OR PARCEL ID
<br />NO.: 400053101
<br />nnT I III IIN1111I11111IIIII11INII1I11111IIII1II1B0 1111111119111111111111111111111 „EMN,"„
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<br />(Page I of 5)
<br />a IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 17 T H day of OCTOBER
<br />CLAY E. SCHUTZ AND JANET E. SCHUTZ, H /W; J /T /R /S, NOT T /I /C
<br />, 20 01 , among the Grantor,
<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 $ 91,8-79. 71
<br />evi enced by Borrower's Loan Agreement dated OCTOBER 17 , 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 OCTOBER 1-7, 2021 ;
<br />F7 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 />THE FOLLOWING DESCRIBED REAL ESTATE IN HALL COUNTY,
<br />NEBRASKA:
<br />LOT TWO (2) AND THE WESTERLY FOUR FEET OF LOT ONE (1), ALL
<br />IN BLOCK TWO (2), IN KNICKREHM THIRD ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA. TAX MAP OR PARCEL ID
<br />NO.: 400053101
<br />nnT I III IIN1111I11111IIIII11INII1I11111IIII1II1B0 1111111119111111111111111111111 „EMN,"„
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