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<br />. t3.+r./n1r . (Page I of 6)
<br />
<br />I DEED OF TRUST I ~~~~%:~~r~:'~l.~~;;:~lIJFo8. 3/.,'b
<br />
<br />. us Recordings. Inc,
<br />611700 .....\.. ",:' /'"1.1 ('I : 2925 Country' Drl'vEl <::"c 2" .'.' -
<br />,~ ",. ), . ,,_.Ih..;, j I t
<br />
<br />D IF BOX IS CHECKED, THIS DEED OF TRUS~ IS OPEN-END AND SECUR:'J:.rai'b~i~;B~llNC~S:'
<br />
<br />THIS DEED OF TRUST is made this 6TH day of MARCH
<br />CLAY E. SCHUTZ AND JANET E. SCHUTZ, H/W; JITIRIS, NOT TI I IC
<br />
<br />,20
<br />
<br />06
<br />
<br />,among the Grantor,
<br />
<br />(herein "Borrower")f.MER I CAN PIONEER T I HE I NSURANCE COMPANY
<br />"Trustee") and the Beneficiary, BENEF I C I AL NEBRASKA I NC.
<br />a corporation organized and existing under the law of NEBRASKA
<br />1004 DIERS AVENUE, WESTGATE CTR-SUITE 216, GRAND ISLAND, NE 68803
<br />
<br />(herein "Lender").
<br />
<br />{herein
<br />
<br />whose address is
<br />
<br />The following paragraph preceded by a checked box is applicable.
<br />
<br />!Xl WHEREAS, Borrower is indebted to Lender in the principal sum of $ 20,646.92
<br />~enced by Borrower's Loan Agreement dated MARCH 6, 2006 and any extensions or renewals thereof
<br />including those pursuant to any Renegotiable Rate Agreement (herein "Note"), providing for monthly insta1\ments 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 MARCH 6, 2018
<br />
<br />D 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 insta1\ments, 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 />
<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 a1\ 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 HA L L State of Nebraska:
<br />
<br />THE FOLLOWING DESCRIBED REAL ESTATE IN HALL COUNTY,
<br />NEBRASKA:
<br />
<br />LOT TWO (2) AND THE WESTERLY FOUR FEET OF LOT ONE (1), ALL
<br />I N BLOCK TWO (2), IN KN I CKREHM TH I RD ADD I T I ON TO THE CITY OF
<br />GRAND ISLAND, ~IALL COUNTY, NEBRASK,f." TAX MAP OR PARCEL 10
<br />NO.: 400053101
<br />
<br />12-05-05 DOT
<br />
<br />NEOOll01
<br />
<br />11111111111111111111111111111111111111111I111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
<br />
<br />*17600813799200T9000NE0011010**SCHUTZ
<br />
<br />*
<br />
<br />ORIGINAL
<br />
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