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<br />(Space, Above
<br />This Line For Recording Data)
<br />(Page 1 of 5)
<br />DEED OF TRUST
<br />61 1700
<br />a
<br />X 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 "), AMER I CAN P I ONEER T I TLE I NSURANCE COMPANY
<br />(herein, "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA INC. D I B I 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 58803
<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 />FWHEREAS, Borrower is indebted to Lender in the principal sum of $ 21 , 000. 00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated OCTOBER 25, 2001 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 $21 , 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 />A TRACT OF LAN FIFTY -SIX FEET (56') IN WIDTH BY ONE
<br />HUDNREDTHIRTY -TWO FEET (132') IN LENGTH, FORMERLY BEING A
<br />PART OF THE CITY GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br />VACATED BY SAID CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, VACATED BY SAID CITY OF GRAND ISLAND ON THE 21ST
<br />DAY OF JUNE, 1961, BY ORDINANCE NO 3688 OF SAID CITY, WHICH
<br />IS MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE
<br />NORTHEAST CORNER OF LOT FIVE (5), IN BLOCK FOURTEEN (14) OF
<br />WEST PARK ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA;
<br />THENCE RUNNING WEST ON THE NORTH LINE OF SAID LOT FIVE (5)
<br />FOR A DISTANCE OF ONE HUNDRED THIRTY -TWO FEET (132') TO THE
<br />NORTHWEST CORNER OF SAID LOT FIVE (5); THENCE RUNNING NORTH
<br />ON A PROLONGATION OF THE WEST LINE OF SAID LOT FIVE (5) FOR
<br />A DISTANCE OF FIFTY -SIX (56'); THENCE RUNNING EAST PARALLEL
<br />TO THE NORTH LINE OF SAID LOT FIVE (5) FOR A DISTANCE OF
<br />ONE HUNDRED THIRTY -TWO FEET (132') FEET TO A POINT ON THE
<br />EAST LINE OF SAID LOT 5 IF THE SAME WERE EXTENDED TO THE
<br />NORTH; THENCE RUNNING SOUTH ON A PROLONGATION OF THE EAST
<br />CONTINUED ON ATTACHED EXHIBIT A
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