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rn n <br />T M <br />y l <br />c _ .�o . <br />t <br />D <br />]dam <br />C � <br />N <br />r v <br />o ry <br />U l N <br />%, (Space Above This Line For Recording GeW <br />Q 14 (Page 1 of 5) <br />DEED OF TRUST <br />O IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES. <br />THIS DEED OF TRUST is made this 7TH day of AUGUST , 20 03 , among the Grantor, <br />CHERYL GRANTHAM AND JERRY GRANTHAM HUSBAND AND WIFE <br />(herein "Borrower ", ERICAN PIONEER TI NSURANCE COMPAN <br />(herein "Trustee") and the Beneficiary, BENEFICIAL NE A INC. OIBIA B EFICI AL MORTG E CO, <br />a corporation organized and existing under the law of NEBRASKA whose address is <br />1004 DIERS AVENUE, WESTGATE CTR -SUITE 218, GRAND ISLAND, NE 88803 <br />The following paragraph preceded by a checked box is applicable. <br />n WHEREAS, Borrower is indebted to Lander in the principal sum of $ 63,157. 18 <br />ev1 enced by Borrower's Loan Agreement dated AUGUST ­1, 2003 an any extensions or renewals 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 AUGUST 1, 2028 <br />O WHEREAS, Borrower is indebted to fender in the principal sum of $ , or so much thereof <br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dater and <br />extensions and renewals thereof (herein "Note "), providing for monthly instal meets, and interest at t e 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 Fewer of sale, the following described property <br />located in the County of HALL _ State of Nebraska: <br />THE FOLLOWING DESCRIBED PROPERTY IN HALL COUNTY, NEBRASKA: <br />LOT SEVEN (7), BLOCK TWENTY -EIGHT (28), GILBERT'S THIRD <br />ADDITION TO 'rHE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. TAX MAP OR PARCEL ID NO.: 400135804 <br />03 -28-02 DOT 111111111111�111111111111111KIM III11111tlR111111111111111111111�I111111111111111111111111111111NN11N NEG07951 <br />• O2687 1A9OS9eDDT9OOONE9O79SlD- MGWTHAM k ORIGINAL <br />