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<br />
<br />I DEED OF TRUST I
<br />
<br />D IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN-END AND SECURES FUTURE ADVANCES.
<br />
<br />THIS DEED OF TRUST is made this 25TH day of JANUARY ,20 07 ,amongtheGrantor,
<br />DAVID ANTHONY GRINNELL JR. AKA DAVID A GRINNELL JR AND MICHELLE ANN GRINNELL
<br />AKA MICHELLE A GRINNELL, H/W/J/T
<br />(herein "Borrower"),T I COR TITLE I NSURANCE COMPANY OF FLOR I DA (herein
<br />"Trustee") and the Beneficiary, BENEF I C I AL NEBRASKA I NC.
<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 />
<br />(herein "Lender").
<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 $ 95,881.36
<br />evtdenced by Borrower's Loan Agreement dated JANUARY 25, 2007 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 JANUARY 25, 2037
<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 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 />
<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 />LOT 12, HOUGHKIRK SUBDIVISION, CITY OF GRAND 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 OF 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
<br />89 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 OF12TH
<br />STREET, THENCE DEFLECTING RIGHT 90 DEGREES 29 MINUTES 34
<br />SECONDS AND RUNNING SOUTHWESTERLY ALONG THE NORTHERLY RIGHT
<br />12-05-05 DOT
<br />
<br />CONTINUED ON EXHIBIT A-LEGAL DESCRIPTION
<br />
<br />.~.-
<br />
<br />NE001101
<br />
<br />11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111IIIIIIIIIIIIIIIIIIIIIIIII~ 1111111111111
<br />
<br />*G0804857FP910019000NE0011010**GRINNELL
<br />
<br />*
<br />
<br />ORIGINAL
<br />
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