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<br />(Space Above This Line For Recording Data)
<br />
<br />(Page I of 6)
<br />
<br />IDEED OF TRUST I
<br />
<br />THIS DEED OF TRUST is made this 9TH day of NOVEMBER
<br />HEINZ 0, LAMBRACHT, A SINGLE PERSON
<br />
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<br />,among the Grantor,
<br />
<br />(herein "Borrower")f'-MER I CAN PIONEER TITLE I NSUR;\NCE COMPANY
<br />"Trustee") and the Beneficiary, BENEF I C I AL NEBRASKA 1 NC,
<br />a corporation organized and existing under the law of !JEBRASKA
<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,y a checked box is applicable.
<br />
<br />II WHEREAS, Borrower is indebted to Lender in tll'~ principal sum of $
<br />~enced by Borrower's Loan Agreement dated and any extensions or renewals thereof
<br />including those pursuant to any Renegotiable Rate Agrt ement (herein "Note" ), providing for monthly installments of
<br />principal and interest, including any adjustments to the <i ,nount 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 />,.
<br />
<br />[JJ WHEREAS, Borrower is indebted to Lender in th.,; principal sum of $ 18,000,00 , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving L)anAgreement dated NOVEMBER 9, 2006 and
<br />extensions and renewals thereof (herein "Note"), providin ~ for monthly installments, and interest at the rate and under
<br />the terms specified in the Note,including any adjustment/; in the interest rate if that rate is variable,and providing for a
<br />credit limit stated in the principal sum above and an inith,J advance of $17,999,49
<br />
<br />TO SECURE to Lender the repayment of the in'ebtedness, including future advances, evidenced by the Note,
<br />with interest thereon at the applicable contract rate (in,iuding 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 Delli of Trust; and the performance of the convenants and
<br />agreements of Borrower herein contained, Borrower, in co'sideration of the indebtedness herein recited and the trust
<br />herein created, irrevocably grants and conveys to Trustee, h trust with power of sale, the following described property
<br />located in the County of HALL State of Nebraska:
<br />
<br />THE FOLLOWING OESCRIBED RAL PROPERTY I' HALL COUNTY,
<br />NEBRASKA:
<br />
<br />LOT ONE HUNDRED THIRTY-ONE (131) AND T~~ NORTHERLY ONE (1)
<br />FOOT OF LOT ONE HUNDRED TH I RTY-TWO (1321, I N WEST LAWN, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, H'LL COUNTY, NEBRASKA.
<br />
<br />TAX MAP OR PARCEL 10 NO,: 400116219
<br />
<br />12-05-05 DOT
<br />
<br />11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 m \'1111111111111111111111111111111111 11I111111111111111
<br />
<br />ML48D9294FC93DOT9000NEOOll0l0MMLAMBRACHT
<br />
<br />II
<br />
<br />ORIGINAL
<br />
<br />NE001101
<br />
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