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<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is made this 29th day of October, 2007, by and among NICKlE
<br />1. KALLOS, JR., also known as Nickie John Kallos, Jr., a single person, herein referred to as
<br />"Trustor", whose mailing address is 1704 E. ih, Grand Island, Nebraska 68801, BRANDON S.
<br />CONNICK, hereinafter referred to as "Trustee", whose mailing address is P.O. Box 790, Grand
<br />Island, Nebraska 68802, and COMPETITIVE MORTGAGE, INC., a Nebraska Corporation,
<br />hereinafter referred to as "Beneficiary", whose mailing address is 3421 W. State Street, Plaza 4,
<br />Grand Island, NE 68803.
<br />
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following-
<br />described property located in the County of Hall, Nebraska, to-wit:
<br />
<br />Parcel A: Lot Twelve (12) of Frank P. Barks' Subdivision to the City of Grand
<br />Island, Hall County, Nebraska
<br />
<br />Parcel B: The West Twenty-two (22) feet of the South Sixty-six (66) feet of Lot
<br />Six (6), Block Fifty-four (54), Original Town, now City of Grand Island, Hall
<br />County, Nebraska AND the East Twenty-eight (28) feet of the South Sixty-six
<br />(66) feet and a strip of ground Six (6) feet in width by Thirty-eight (38) feet in
<br />length offthe Northerly end of the West Thirty-eight (38) feet of the South Sixty-
<br />six (66) feet in Lot Five (5), in Block Fifty-four (54), of the Original Town, now
<br />City of Grand Island, Hall County, Nebraska
<br />
<br />Parcel C: West One Hundred (100) feet of Lot Eleven (11), Frank P. Barks'
<br />Subdivision to the City of Grand Island, Hall County, Nebraska
<br />
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property".
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date herewith in
<br />the principal sum of FIFTY-FIVE THOUSAND AND NO/IOO DOLLARS ($55,000.00),
<br />together with interest at the rate provided therein, or the principal and interest on any future
<br />advance not to exceed the total principal sum initially secured hereby as evidenced by
<br />promissory notes stating they are secured hereby, and any and all renewals, modifications and
<br />extensions of such notes, both principal and interest on the notes being payable in accordance
<br />with the terms set forth therein, which by this reference is hereby made a part hereof;
<br />
<br />(b) the performance of each agreement and covenant of Trustor herein contained; and
<br />
<br />(c) the payment of any sum or sums of money which may be hereafter paid or
<br />advanced by Beneficiary under the terms of this Deed of Trust, together with interest thereon at
<br />the rate provided in the note.
<br />
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