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<br />J 2- $[' ~ ~ R $'/ 7 I ] Recording Requested by & ~
<br />J)00 - 1 92.$""2 y_ DEED OF TRUST When R~~~:~o~~~~;T~~. ~"
<br />611700 2925 Country Drive Ste 201 -'
<br />St. Paul, MN 55117
<br />[I] IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN-END AND SECURES FUTURE ADVANCES.
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<br />THIS DEED OF TRUST is made this 22ND day of JULY, 20 06 ,among the Grantor,
<br />DAVID ANTHONY GRINNELL JR. AND MICHELLE ANN GRINNEll, HUSBAND AND WIFE J/T
<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 />II WHEREAS, Borrower is indebted to Lender in the principal sum of $
<br />'evra'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 />
<br />[J] WHEREAS, Borrower is indebted to Lender in the principal sum of $ 10,000.00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated JUl Y 22, 2006 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 $9,999. 81
<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 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 HAL L State of Nebraska:
<br />
<br />THE FOllOWING DESCRIBED REAL ESTATE:
<br />LOT 12, HOUGHKIRK SUBDIVISION, CITY OF GRANO ISLAND, HALL
<br />COUNTY, NEBRASKA, EXCEPTING THEREFROM A TRACT OF lAND OF lOT
<br />12, CONVEYED TO THE BURLINGTON NORTHERN RAILROAD COMPANY
<br />MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE
<br />SOUTHWEST CORNER OP SAID LOT 12; THENCE RUNNING
<br />NORTHWESTERLY ALONG THE WESTERLY LINE OF SAID lOT 12, A
<br />DISTANCE OF 206.89 FEET; TO THE NORTHWEST CORNER OF SAID LOT
<br />12; THENCE DEFLECTING RIGHT 89 DEGREES 59 MINUTES 40 SECONDS
<br />AND RUNNING NORTHEASTERLY ALONG THE NORTHERLY LINE OF SAID
<br />lOT 12, A DISTANCE OF 45.68 FEET; THENCE DEFLECTING RIGHT 89
<br />DEGREES 30 MINUTES 31 SECONDS AND RUNNING SOUTHEASTERLY A
<br />DISTANCE OF 74.80 FEET; THENCE DEFLECTING RIGHT 90 DEGREES
<br />28 MINUTES 49 SECONDS AND RUNNING SOUTHWESTERLY A DISTANCE
<br />OF 36.66 FEET; THENCE DEFLECTING lEFT 90 DEGREES 6 MINUTES
<br />59 SECONDS AND RUNNING SOUTHEASTERLY A DISTANCE OF 132.16
<br />FEET, TO A POINT ON THE NORTHERLY RIGHT OF WAY LINE OF 12TH
<br />STREET, THENCE DEFLECTING RIGHT 90 DEGREES 29 MINUTES 34
<br />12-05-05 DOT
<br />
<br />CONTINUED ON EXHIBIT A-LEGAL DESCRIPTION
<br />
<br />111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
<br />
<br />~GD804857FP99DOT9000NEOOll0l0~~GRINNELL
<br />
<br />~
<br />
<br />ORIGINAL
<br />
<br />NE001101
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