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<br />61 1700
<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 27TH day of AUGUST , 20
<br />BRADLEY W. SHEARER AND CHRISTINA L. SHEARER, HUSBAND AND WIFE
<br />
<br />07
<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 $ 192,857. 79
<br />evrdenced by Borrower's Loan Agreement dated AUGUST 27, 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 AUGUST 27, 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 HA L L State of Nebraska:
<br />
<br />THE FOLLOWING DESCRIBED REAL ESTATE IN HALL COUNTY,
<br />NEBRASKA:
<br />LOT SEVENTEEN (17), BLOCK ONE (1), BRENTWOOD SUBDIV SION, IN
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />TAX MAP OR PARCEL 10 NO,: 400024357
<br />
<br />12~05~05 DOT NEOOll0l
<br />
<br />IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII~) i 11111111111111111111111111111111111111111111111111111111111111II11111111111111111111:1 ,111111111111111111111111111
<br />
<br />*S56497704A97DOT800"NEOOll010**SHEARER
<br />
<br />*
<br />
<br />ORIGINAL
<br />
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