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<br />DEED OF TRUST
<br />611-700
<br />F7X IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 30TH
<br />day of NOVEMBER , 20 01 ,among the Grantor,
<br />JAMES E. CUMPSTON AND JANICE K. CUMPSTON, HUSBAND AND WIFE EACH IN HIS OR HER
<br />OWN RIGHT
<br />(herein "Borrower "), AMERICAN PIONEER TITLE INSURANCE COMPANY
<br />(herein "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA INC. D / B / A BENEFICIAL MORTGAGE CO.
<br />a corporation organized and existing under the law of NEBRASKA whose address is
<br />2604 ST PATRICK, STE -7, GRAND ISLAND, NE 68803
<br />herein "Lender"
<br />The following paragraph preceded by a checked box is applicable.
<br />q WHEREAS, Borrower is indebted to Lender in the principal sum of $
<br />evi 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 />F7X WHEREAS, Borrower is indebted to Lender in the principal sum of $ 11,400, DO , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated NOVEMBER 30, 2001 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 $11 , 524.00 ;
<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 WESTERLY FIFTY -TWO (52) FEET OF LOT TWO (2), IN BLOCK
<br />ONE HUNDRED FOURTEEN (114), IN RAILROAD ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />1111111 IIII IIIII IIIII 111111 IIII IIIII 111111 IIN 1111111 III IIIII 111111111111 IIIII III IIIII IIIII IIIII 1111111 IIII IIII IIIII IIIII IIII IIIII IINI 1111111 II IIII
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<br />�I (Page 1 of 5)
<br />DEED OF TRUST
<br />611-700
<br />F7X IF BOX IS CHECKED, THIS DEED OF TRUST IS OPEN -END AND SECURES FUTURE ADVANCES.
<br />THIS DEED OF TRUST is made this 30TH
<br />day of NOVEMBER , 20 01 ,among the Grantor,
<br />JAMES E. CUMPSTON AND JANICE K. CUMPSTON, HUSBAND AND WIFE EACH IN HIS OR HER
<br />OWN RIGHT
<br />(herein "Borrower "), AMERICAN PIONEER TITLE INSURANCE COMPANY
<br />(herein "Trustee ") and the Beneficiary, BENEFICIAL NEBRASKA INC. D / B / A BENEFICIAL MORTGAGE CO.
<br />a corporation organized and existing under the law of NEBRASKA whose address is
<br />2604 ST PATRICK, STE -7, GRAND ISLAND, NE 68803
<br />herein "Lender"
<br />The following paragraph preceded by a checked box is applicable.
<br />q WHEREAS, Borrower is indebted to Lender in the principal sum of $
<br />evi 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 />F7X WHEREAS, Borrower is indebted to Lender in the principal sum of $ 11,400, DO , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving LoanAgreement dated NOVEMBER 30, 2001 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 $11 , 524.00 ;
<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 WESTERLY FIFTY -TWO (52) FEET OF LOT TWO (2), IN BLOCK
<br />ONE HUNDRED FOURTEEN (114), IN RAILROAD ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />1111111 IIII IIIII IIIII 111111 IIII IIIII 111111 IIN 1111111 III IIIII 111111111111 IIIII III IIIII IIIII IIIII 1111111 IIII IIII IIIII IIIII IIII IIIII IINI 1111111 II IIII
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