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<br />DEED OF TRUST
<br />611700
<br />(Page 1 of 5)
<br />77
<br />= IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 14TH day of JUNE
<br />JAMES P. SMITH AND V. GLORIA SMITH, H/W
<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 />The following paragraph preceded by a checked box is applicable.
<br />n WHEREAS, Borrower is indebted to Lender in the principal sum of $ 915D, 503. 55
<br />eVt enced by Borrower's Loan Agreement dated JUNE 14, 2002 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 JUNE 14, 2032
<br />0 WHEREAS, Borrower is indebted to Lender in the principal sum of $ or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated 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 $
<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 />LOT 9, POTASH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />TAX MAP OR PARCEL ID NO,: 400159317
<br />03 -28-02 DOT 1111111111111111111111NII11111111111111111111111111111111111111111111111111111111IN III 11111111111111111111111111111111n11
<br />NF007991
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<br />(Page 1 of 5)
<br />77
<br />= IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 14TH day of JUNE
<br />JAMES P. SMITH AND V. GLORIA SMITH, H/W
<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 />The following paragraph preceded by a checked box is applicable.
<br />n WHEREAS, Borrower is indebted to Lender in the principal sum of $ 915D, 503. 55
<br />eVt enced by Borrower's Loan Agreement dated JUNE 14, 2002 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 JUNE 14, 2032
<br />0 WHEREAS, Borrower is indebted to Lender in the principal sum of $ or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated 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 $
<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 />LOT 9, POTASH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />TAX MAP OR PARCEL ID NO,: 400159317
<br />03 -28-02 DOT 1111111111111111111111NII11111111111111111111111111111111111111111111111111111111IN III 11111111111111111111111111111111n11
<br />NF007991
<br />
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