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<br />(Space Above This Line For Recording Data)
<br />
<br />611700
<br />
<br />I DEED OF TRUST I
<br />
<br />~
<br />~~
<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 12TH day of OCTOBER
<br />CRAIG VIPOND AND ROXANNE VIPOND, HUSBAND AND WIFE
<br />
<br />,20
<br />
<br />05
<br />
<br />,among the Grantor,
<br />
<br />(herein "Borrower")f.MER I CAN PIONEER T I HE I NSURANCE COMPANY
<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 $ 155,052. 17
<br />evrcJenced by Borrower's Loan Agreement dated OCTOBER 12, 2005 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 OCTOBER 12, 2035
<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, TO-WIT:
<br />
<br />LOT 38, WESTERN HEIGHTS THIRD SUBDIVISION, HALL COUNTY,
<br />NEBRASKA. TAX MAP OR PARCEL 10 NO.: 400166100
<br />
<br />08-16-05 DOT
<br />
<br />111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
<br />
<br />NE007971
<br />
<br />~V051F4041P9200T9000NE0079710**VIPONO
<br />
<br />*
<br />
<br />ORIGINAL
<br />
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