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c n = <br />n � � <br />rn D f!' <br />Cn <br />200311844 <br />YEA a , -Q TO ., <br />US Recordings, Inc. <br />2925 Country Drive Ste 20' <br />St. Paul, MN 55117 <br />511-700 <br />(Space Above This Line For Recording <br />g <br />DEED OF TRUST <br />Sa <br />a IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES. <br />THIS DEED OF TRUST is made this 25TH day of AUGUST , 20 03 ,among the Grantor, <br />PHILLIP L WATTS AND TRACY L WATTS, HUSBAND AND WIFE <br />(herein "Borrower "), AMER I C I AN PIONEER TITLE INSURANCE COMPANY <br />(herein "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA I NC . D / B / A BENEFICIAL MORTGAGE CO. <br />a corporation organized and existing under the law of NEBRASKA whose address is <br />1004 DIERS AVENUE, WESTGATE CTR -SUITE 216, GRAND ISLAND, NE 68803 <br />(herein "Lender" <br />The following paragraph preceded by a checked box is applicable. <br />n WHEREAS, Borrower is indebted to Lender in the principal sum of $ 20,210.55 <br />eviclenced by Borrower's Loan Agreement dated AUGUST 25, 2003 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 AUGUST 25, 2013 , <br />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 />THE FOLLOWING DESCRIBED PROPERTY SITUATE IN THE COUNTY OF <br />HALL, STATE OF NEBRASKA: <br />LOT 1, T &P SUBDIVISION, HALL COUNTY, NEBRASKA. <br />TAX MAP OR PARCEL ID NO.: 400349620 <br />03 -28 -02 DOT 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111IN111111111111111111111111111111111111111111 <br />* W131F6BE3R99DOT9000NE0079510xxWATTS <br />ORIGINAL <br />NE007951 <br />n Cn <br />° - <br />o f 'T7 <br />O fD <br />(::D CL <br />"rl <br />m <br />w <br />a± <br />r <br />v) <br />v) <br />W 2 <br />1-r <br />� <br />D <br />s CD <br />co <br />C <br />s <br />Data) <br />z <br />(Pa e 1 <br />of 5)0 <br />g <br />DEED OF TRUST <br />Sa <br />a IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES. <br />THIS DEED OF TRUST is made this 25TH day of AUGUST , 20 03 ,among the Grantor, <br />PHILLIP L WATTS AND TRACY L WATTS, HUSBAND AND WIFE <br />(herein "Borrower "), AMER I C I AN PIONEER TITLE INSURANCE COMPANY <br />(herein "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA I NC . D / B / A BENEFICIAL MORTGAGE CO. <br />a corporation organized and existing under the law of NEBRASKA whose address is <br />1004 DIERS AVENUE, WESTGATE CTR -SUITE 216, GRAND ISLAND, NE 68803 <br />(herein "Lender" <br />The following paragraph preceded by a checked box is applicable. <br />n WHEREAS, Borrower is indebted to Lender in the principal sum of $ 20,210.55 <br />eviclenced by Borrower's Loan Agreement dated AUGUST 25, 2003 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 AUGUST 25, 2013 , <br />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 />THE FOLLOWING DESCRIBED PROPERTY SITUATE IN THE COUNTY OF <br />HALL, STATE OF NEBRASKA: <br />LOT 1, T &P SUBDIVISION, HALL COUNTY, NEBRASKA. <br />TAX MAP OR PARCEL ID NO.: 400349620 <br />03 -28 -02 DOT 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111IN111111111111111111111111111111111111111111 <br />* W131F6BE3R99DOT9000NE0079510xxWATTS <br />ORIGINAL <br />NE007951 <br />