200201978 - Laserfiche WebLink

Browse

o ti o 1`14 "V o, n m X x P III N Y _ (Space Above This Line For Recording Oatal _ _ — . (Page I of 5) DEED OF TRUST b, 1700 `t-Y IP BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES. THIS DEED OF'I'RUST is made this _ 11 TH day of FEBRUARY , 20 02 , among the Grantor, DAYNE M. REED -- herein "Borrower" AMERICAN PIONEER TITLE INSURANCE COMPANY ( herein "Trustee ") endthe Beneficiary, BEN FICIAL NEBRASKA INC. TIBIA BENEFICIAL MORTGAGE CO. a corporation organized and existing under the Iaw of NEBRASKA. _ whose address is 2004 ST PATRICK, STE 1, GRAND ISLAND, NE ti8BO3 The following paragraph preceded by a checked box is applicable. 2 dWHEREAS, Borrower is indebted to Lender in the principal sum of $ 17, 901. BO ev1 enced by Borrower's Loan Agreement dated FEBRUARY 11, 2002 and any extensions or renewals thereof including those pursuant to any Renegotiable Rate Agreement herein " ote , 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 11 , 2017 O 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 dated and extensions and renewals thereof (herein "Note'), providing for monthly installments, and interest at the 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 Truster, in trust with power of sale, the following described property located in the County of HALL _ State of Nebraska: THE SOUTH 31.5 FEET OF LOT 5 AND THE NORTH 35 FEET OF LOT 7, BLOCK 28, IN HIGHLAND PARK ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA IIIIIINI III OIIhIIIIII @II IIIII Wll I1ItltlI IIlI1111 I11N111114 I11WI11PI11111Y01111IIl YIIIIIV VIII VIII VIII VII IIIII II IIII NE007941 01 -01 -00 DOT eR21BA45BCK9000T900ONE00 19410 --EEO x GBIGINAL