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F M ITT / C y s n z x \ o o C a K � � r 3 I�TI p . Fhb' l` (Space Above This Line For Recb,dmg Onto) N (Page 1 of 5) s DEED OF TRUST 611700 -N- IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES. THIS DEED OF TRUST is made this 24TH day of FEBRUARY pp 04 , among the Grantor, KEVYN L. NIEDFELT AND MICHELLE A WILSEY NIEDFELT AIKIA MICHELLE A NIEOFELT, HIW - JIT /RIS NOT T1 IC (herein "Borrower"), AM ICAN PIONEER TI L INSURANCE COMPANY ( herein "Trustee ") and the Beneficiary, BENEFICIAL NEB ASKA NC. OI B I BENEFICIAL MOR AGE CO. a corporation organized and existing under the law of NEBRASKA whose address is 1004 DIERS AVENUE, WESTGATE CTR -SUITE 216, GRAND ISLAND, NE 58803 The following paragraph preceded by a checked box is applicable. n WHEREAS, Borrower is indebted to Lender in the principal sum of $ 102,209. 60 'e, ereed by Borrower's Loan Agreement dated FEBRUARY 24, 2004 and any extensions or renewals thereof including those pursuant to any Renegotiable Rate Agreement herein "Note ,providing for monthly installments of principal and interest, including any adjustments to the amount of payments or the contract rate if that rate is variable, with the balance of the indebtedness, if not sooner paid, due and payable on FEBRUARY 24, 2034 El WHEREAS, Borrower is indebted to Lender in the principal sum of $ , or so much thereof as may be advanced pursuant to Borrower's Revolving LoanAgreement dater and extensions and renewals thereof (herein "Note "), providing for monthly meta ments, and interest at t e rate and under the terms specified in the Note,including any adjustments in the interest rate if that rate is variable,and providing for a credit limit stated in the principal sum above and an initial advance of $ _ TO SECURE to Lender the repayment of the indebtedness, including future advances, evidenced by the Note, with interest thereon at the applicable contract rate (including any adjustments to the amount of payment or the contract rate if that rate is variable) and other charges; the payment of all other sums, with interest thereon, advance in accordance herewith to protect the security of this Deed of Trust; and the performance of the convenants and agreements of Borrower herein contained, Borrower, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee, in trust with power of sale, the following described property located in the County of HALL State of Nebraska: THE FOLLOWING DESCRIBED REAL ESTATE IN HALL COUNTY. NE, TO WIT: A RECTANGULAR TRACT OF LAND LOCATED IN THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 35, TOWNSHIP 11 NORTH, RANGE O WEST OF THE 6TH P. M., HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID NORTHEAST QUARTER AND RUNNING NORTH ALONG AND UPON THE EAST LINE OF SAID NORTHEAST QUARTER A DISTANCE OF 288 FEET TO THE POINT OF BEGINNING; CONTINUING THENCE NORTH ALONG AND UPON SAID EAST LINE OF SAID NORTHEAST QUARTER A DISTANCE OF 150 FEET; RUNNING THENCE WEST, AT RIGHT ANGLES TO SAID EAST SIDE OF SAID NORTHEAST QUARTER A DISTANCE OF 213 FEET; RUNNING THENCE SOUTH AND PARALLEL WITH THE EAST LINE OF SAID NORTHEAST QUARTER A DISTANCE OF 150 FEET; RUNNING THENCE EAST 213 FEET TO THE POINT OF BEGINNING, CONTINUED ON EXHIBIT A -LEGAL DESCRIPTION a9 -ss -G3 DOT 11111111111111111111111101 Mill 1111111111111111111111111111111111111111111111111111I�11111131111111I NE007961 eN307 I03F10950078000NEC0T9GtDa ^NIEDFELT ORIGINiiL