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<br /> DEED OF TRUST �
<br /> 611�03-18-504211
<br /> �X IF BOX IS CHECKED, THIS DEED OF TRUST I5 OPEN-END AND SECURES FUTURE ADVANCES.
<br /> THIS DEED OF TRUST is made this 24TH day of MAY , 19 99 ,amongtheGrantor,
<br /> JAMES S AND CONNIE L HOLMES, HUSBAND AND WIFE AS JOINT TENANTS
<br /> (herein "Borrower°) DOUG HAND
<br /> ,
<br /> (herein "Trustee") and the Beneficiary, BENEF I C I AL NEBRASKA I NC. D I B I A BENEF I C I AL MORTGAGE CO.
<br /> a corporation organized and existing under the law of NEBRASKA whose address is
<br /> 5005 0 STREET, LINCOLN, NE 68510
<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 /> evidenced 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 /> �X WHEREAS, Borrower is indebted to Lender in the principal sum of $ 22,000. 00 , or so much thereof
<br /> as may be advanced pursuant to Borrower's Revolving LoanAgreement dated MAY 24, 1999 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 $22,000. 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 HA L L State of Nebraska:
<br /> N 16' LOT 8 & S 40' LOT 6, BLOCK 3, UNIVERSITY PLACE , GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA
<br /> 02-08-99 DOT OR I G I NAL ����I�I II�II I�����������II�II�I���'���I�I�����I II�I�I��I�I����I�����I��I�I II����I�I�III���II��I�����I���� NE007931
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