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<br />(Page 1 of 5)
<br />= IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 26TH day of OCTOBER
<br />THOMAS TREJO AND ROSE J. TREJO, HUSBAND AND WIFE
<br />, 20 01 , among the Grantor,
<br />(herein "Borrower "), AMERICAN PIONEER TITLE INSURANCE COMPANY
<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 />L WHEREAS, Borrower is indebted to Lender in the principal sum of $ 1 10 , 374. 70
<br />evi enced by Borrower's Loan Agreement dated OCTOBER 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 OCTOBER 26, 2031 ;
<br />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 />LEGAL FROM DBV INST #200006780
<br />A TRACT OF LAND FIFTY -SIX FEET (56') IN WIDTH BY ONE HUDNRED
<br />THIRTY -TWO FEET (132') IN LENGTH, FORMERLY BEING A PART OF
<br />WEST ELEVENTH STREET OF THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA, VACATED BY SAID CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA, VACATED BY SAID CITY OF GRAND ISLAND ON
<br />THE 21ST DAY OF JUNE, 1961, BY ORDINANCE NO. 3688 OF SAID
<br />CITY, WHICH IS MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />BEGINNING AT THE NORTHEAST CORNER OF LOT FIVE (5), IN BLOCK
<br />FOURTEEN (14) OF WEST PARK ADDITION TO THE CITY OF GRAND
<br />ISLAND, NEBRASKA; THENCE RUNNING WEST ON THE NORTH LINE OF
<br />SAID LOT FIVE (5) FOR A DISTANCE OF ONE HUNDRED THIRTY -TWO
<br />FEET (132') TO THE NORTHWEST CORNER OF SAID LOT FIVE (5);
<br />THENCE RUNNING NORTH ON A PROLONGATION OF THE WEST LINE OF
<br />SAID LOT FIVE (5) FOR A DISTANCE OF FIFTY -SIX FEET (56');
<br />THENCE RUNNING EAST PARALLEL TO THE NORTH LINE OF SAID LOT
<br />FIVE (5) FOR A DISTANCE OF ONE HUNDRED THIRTY -TWO FEET
<br />CONTINUED ON ATTACHED EXHIBIT A
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