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---i <br />rn <br />V <br />0 <br />i <br />M <br />M <br />n <br />(Space I <br />n n <br />= D <br />M CA <br />4 <br />lbove This Line For Recording Data) <br />DEED OF TRUST <br />611700 <br />w <br />CD <br />N <br />O --f <br />'cc <br />-�-� <br />o <br />rr, <br />o <br />cz, <br />�N <br />O <br />o <br />C) <br />Z <br />N <br />CO2 <br />M <br />D` m <br />CD <br />s <br />C� <br />M <br />CO <br />co <br />U7 <br />C+A <br />(Page 1 of <br />5) <br />a <br />X IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES. <br />THIS DEED OF TRUST is made this 23RD <br />RODNEY A. LOSEE AND DEBRA M LOSEE, H/W <br />day of APR I L <br />, 20 02 , among the Grantor, <br />(herein "Borrower "), AMERICAN PIONEER TITLE INSURANCE COMPANY <br />( herein "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA INC. D / B / A BENEFICIAL MORTGAGE CO. <br />a corporation organized and existing under the law of NEBRASKA whose address is <br />2604 ST PATRICK, STE 7, GRAND ISLAND, NE 68803 <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 />evi enced 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 $ 15, 000, 00 , or so much thereof <br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated APRIL 23, 2002 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 $15, 000.00 ; <br />c <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 EASTERLY THIRTY (30) FEET OF LOT SEVEN (7) AND THE <br />WES ,Ec Y THIRTY -FIVE (35) FEET OF LOT EIGHT (8), BLOCK 1, <br />IN_ ADDITION TO THE VILLAGE OF DONIPHAN, HALL COUNTY, <br />NEBRASKA. TAX MAP OR PARCELL ID NO.: 400346974 <br />(13-28-02 DOT 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 IN 11111111111111111111111111111111111111111 NE007951 <br />