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Note 6: Bank and Other Loans Payable: Summary of Bank Loans Payable (Tables)

12 Months Ended

Dec. 31, 2013

	December 31
	2013	2012
6.34% note payable in monthly installments of $13,556 including principal and interest, collateralized by real property with a book value of approximately $498,000, due November 2017.	$ 612,068	$ 748,612

5.75% note payable in monthly installments of $28,271 including principal and interest, collateralized by real property with a book value of approximately $6,033,000 due December 2014.	3,509,944	3,643,192

Bank prime rate less .75% (2.50% at December 31, 2013) note payable in quarterly installments of $75,000 plus interest collateralized by shares of Security National Life Insurance Company stock, paid in full in 2013.	-	225,000

Mark to market of interest rate swaps (discussed below) adjustment	58,310	93,572

3.85% note payable in monthly installments of $79,468 including principal and interest, collateralized by shares of Security National Life Insurance Company stock, due June 2015.	1,377,925	2,258,968

3.85% note payable in monthly installments of $86,059 including principal and interest, collateralized by shares of Security National Life Insurance Company stock, due December 2017.	3,891,926	-

4.40% note payable in monthly installments of $46,825 including principal and interest, collateralized by real property with a book value of approximately $12,450,000 due January 2026.	8,500,000	-

Revolving line-of-credit, interest payable at the prime rate minus .75% (2.5% as of December 31, 2013) secured by shares of Security National Life Insurance Company stock, matures June 2014.	-	4,608,204

Other collateralized bank loans payable	338,304	331,834
Other notes payable	961	961
Total bank and other loans	18,289,438	11,910,343

Less current installments	5,849,926	6,266,765
Bank and other loans, excluding current installments	$ 12,439,512	$ 5,643,578