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<br />(Page I of 6) <:;-
<br />,{:
<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 20TH
<br />TROY R. HOBBS AND VIRGINA M. HOBBS,
<br />
<br />day of MARCH , 20 07
<br />HUSBAND AND WIFE J/T/RISI NOT TI I IC
<br />
<br />,among the Grantor,
<br />
<br />{herein "Borrower"},T I COR T I HE I NSURANCE COMPANY OF FLOR I DA
<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 $ 123,849.90
<br />~enced by Borrower's Loan Agreement dated MARCH 20, 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 onMARCH 20, 2037
<br />
<br />D WHEREAS, Borrower is indebted to Lender in the pr: lcipal sum of $ , or so much thereof
<br />as may be advanced pursuant to Borrower's Revolving Loan. 'greement dated and
<br />extensions and renewals thereof {herein "Note"}, providing fIr monthly installments, and interest at the rate and under
<br />the terms specified in the Note,including any adjustments in ,he interest rate if that rate is variable,and providing for a
<br />credit limit stated in the principal sum above and an initial aejvance 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 (incluel) ng any adjustments to the amount of payment or the
<br />contract rate if that rate is variable} and other charges; the pa:'ment of all other sums, with interest thereon, advance in
<br />accordance herewith to protect the security of this Deed f Trust; and the performance of the convenants and
<br />agreements of Borrower herein contained, Borrower, in consieration of the indebtedness herein recited and the trust
<br />herein created, irrevocably grants and conveys to Trustee, in tl11St with power of sale, the following described property
<br />located in the County of HA L L State of Nebraska:
<br />
<br />12-05-05 DOT
<br />
<br />THE FOLLOWING DESCRIBED REAL ESTATE (AS .JEFINED IN FEB. REV.
<br />STAT. 76-201);
<br />
<br />LOT FOUR (4), KALLOS SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA. TAX MAPIR PARCEL I D NO.:
<br />400050617
<br />
<br />NE001101
<br />
<br />11111111111111111111111111111111111111111111111111111;llll 11111 111111111111 11111 11111111 411111111l1li11111111111111111111111111 11111111111111111111111
<br />
<br />WH439B6352N97DOT8000NEOOll0l0~'~OBBS
<br />
<br />~
<br />
<br />ORIGINAL
<br />
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