(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 S
<br />evt Iced by Borrower's Loan Agreement dated and any extensions or renews thereof
<br />including those pursuant to any Renegotiable Rate Agreement (herein ote , 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 />Ox WHEREAS, Borrower is indebted to Lender in the principal sum of S 20,000.00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving Loan Agreement dated OCTOBER 28, 2001 and
<br />extensions and renewals thereof (herein "Note "), providing for monthly installments, and interest at the rate a 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 $20,500. 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 grarits 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 WEST HALF (W1 /2) OF LOT ONE (1) AND THE WEST HALF
<br />(W112) OF THE NORTH THIRTY -SEVEN AND ONE HALF (31 -112) FEET
<br />OF LOT THREE (3) IN BLOCK TWELVE (12) IN UNIVERSITY PLACE,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />-TAX MAP OR PARCEL NO: 900100428
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<br />(Page I of
<br />1 i 7 he & l DEED OF TRUST
<br />814100 /
<br />o
<br />OX IF BOX IS CHECKED. THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE
<br />ADVANCES.
<br />THIS DEED OF TRUST is made this 28TH day of OCTOBER
<br />, �p
<br />01
<br />,among the Grantor,
<br />KEITH F. KILLION AND KAREY A. KILLION, HUSBAND AND-WIFE
<br />herein "Borrower-), NSURANCE COMPANY
<br />(herein "Trustee ") and the Beneficiary, A LAW , N. A.
<br />a bank organized and existing under the law of THE UNITED STATES
<br />whose address is
<br />1100 N KING STREET, WILMINGTON, DE 19884
<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 S
<br />evt Iced by Borrower's Loan Agreement dated and any extensions or renews thereof
<br />including those pursuant to any Renegotiable Rate Agreement (herein ote , 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 />Ox WHEREAS, Borrower is indebted to Lender in the principal sum of S 20,000.00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving Loan Agreement dated OCTOBER 28, 2001 and
<br />extensions and renewals thereof (herein "Note "), providing for monthly installments, and interest at the rate a 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 $20,500. 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 grarits 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 WEST HALF (W1 /2) OF LOT ONE (1) AND THE WEST HALF
<br />(W112) OF THE NORTH THIRTY -SEVEN AND ONE HALF (31 -112) FEET
<br />OF LOT THREE (3) IN BLOCK TWELVE (12) IN UNIVERSITY PLACE,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />-TAX MAP OR PARCEL NO: 900100428
<br />DI p3pg83 I® I1�1� ®II�NINO11111110,rlr111011
<br />NEM07901
<br />12 -01 -00 DOT
<br />"K 16D93a4EG96DOT1000NEM0790 i0N "KI LLIGN • ORIGINAL
<br />200203539
<br />
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