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<br /> DEED OF TRUST
<br /> 611�00
<br /> � IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN-END AND SECURES FUTURE ADVANCES.
<br /> THIS DEED OF TRUST is made this 21ST day of APR I L , 19 99 ,amongtheGrantor,
<br /> STEVEN L , TIMMONS AND CHERYL K, TIMMONS, HUSBAND AND WIFE , AS JOINT TENANTS
<br /> (herein "Borrower��), F I DEL I TY NAT I ONAL T I TLE
<br /> (herein "Trustee") and the Beneficiary, BENEF I C I AL NEBRASKA I NC , D/B/A BENEF I C I AL MORTGAGE CO.
<br /> a corporation organized and existing under the law of NEBRASKA whose address is
<br /> 2604 ST PATRICK, STE �, GRAND ISLAND, NE 68803
<br /> (herein "Lender").
<br /> The following paragraph preceded by a checked box is applicable.
<br /> ( X� WHEREAS, Borrower is indebted to Lender in the principal sum of $ 46,498. 1 1
<br /> e�enced by Borrower's Loan Agreement dated APR I L 21 , 1999 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 onAPR I L 21 , 2014 ;
<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 /> THE SOUTH HALF (S 1 /2) OF LOT FOUR (4) IN BLOCK ONE ( 1 ) IN
<br /> DODD AND MARSHALL 'S ADDITION TO THE VILLAGE OF WOOD RIVER,
<br /> HALL COUNTY, NEBRASKA.
<br /> 02-08-99 DOT F I LE COPY I IIIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIIII IIIIII IIIII III IIIII IIIII IIIII IIII IIII NE007931
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