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<br /> � Intending to create a constructton secnciCyt interest in nc�urdanco with the Nebreska Construction Lien Act, `�c =
<br /> �:� g ST is made es of Qie 2aT`i�ay of �pR.LI„ 19g?by end among the'Pmstor� \ _
<br /> this DEED OF TRU � pENRQ��-'wliose mniling address for pu�poses of this �,�.
<br /> " � � EUGENE 7AY PENROSE AND JANICE� _ , � �herein,"Tcustor",whether one or more), the =_
<br /> Deed of Trust is 2810 E AST H
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<br /> '.. Trustee�AItEND R.BAAGK.Attorney atLu�-ra n rncmber of►�ui Nebrasku Swte Bar Assceintion,whose mail�ng `R
<br /> ,�� ' address is P.O•E3ox 790��rand Island,NE�9R43�-079U{hnrein,"Trustee"),and tho�eneficiary,HOME �'`-
<br /> FEU�RAL SAVIN(3S AND LOAN ASSOCF.1►'T�43N OF�n1+.1^���SLANi7,witos�:ce::�iling eddress is P.O.Dox �
<br /> , �� .� ` IOD9,Grand Island,NE 686U2-1009(Itercin,;'Lettder"). ___
<br /> ' FOR VALUABLE CONSIDERAT[K2A1 irtcludin ���rP��fl x��rrowerf wether one or meor),tand the
<br /> EUGERE 7AY PENROSE AND JANICE KAY_�E�Ras� �,n�,transfers,
<br /> � : � I�ustl�erein created.tho reseipt of which iThn�rmy upkno�Is:�ned,Tn�stor hereby irrevocably g
<br />� conveys nnd essigns to Trustee,i'ri'iitt�S�, ��FS�•`.�••-�•_r��ALE,for the banefit and secur(ty of Lender. under
<br /> and subjecR to tho terms and conditions t►crr.e��lter set fi�rt;e.lily�lly described as followa:
<br /> LOT TIdO (2), CONNELL It�OUSTRT.AL RARt(., 2NU SLI�DIVISI�N TO THE CITY OF' _
<br /> `s a
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<br /> �"��"''''' ' � � together with all buildings,improvemenu,:Ti�kl1DS-09�StYC01'.1,AIIOyl9�passageways,easements.rights,ptivileges and
<br />�""•� "' '•.' � nppurtenances�ceated thercon or in ony�riF c p�ciaiain�ther�:tu.end thc rcnts,issues end profits,reversions snd
<br /> :�••._ • r 4» that is attu�'ned ta the tmprovemant�sa as to constiwte a fixCure,
<br />�i�.�; ,�. 5' : remaind�rs thereof.end such peronal prop )'
<br /> _�•'`•'� � including,but not limitcd to.heating andcaaflw�equipm�:ntan�togedier with the homestead dr maritel intcras�,e
<br /> ..Y,-r...p.� yr.
<br /> �-�`�s�±?. nny,which interosts are hereby rcleased enst�wsiven,aii uF wl�i�i�,�«��u�in8�P�ACements and additions thereto,�s
<br />_�:-�:������' hercby declerod to be e part of Uio real al�ti�;secured by 2hE�iten of this Deed of Ttust and all of the foregoing beio�8
<br /> �___��� ' — refeRed to horein es tho"Property .
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<br />---::�•�`,�r�! 'I'hIs Deed of Trust shall securo(a�D�a�'=PflYm�mt of tho principal sum end intsrest evidenc�d y a
<br />___�._��j'�'tjjLY• .
<br /> _~ ��. Consuuction Linc uf CrTYt�NHDUS�1n[1 ANQj��Z�ollar�s(S�i37.�O�O�iighav ng acmaturity c�ate of
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<br /> -'-�`=�-z-'--��_��.;��, ,pn�ess tha earlier call<nptiro�c�s thcrr,in contnined sha7}bd exerc�sed by the Beneficiary.together
<br /> �s•�` with any and all modi�ce0`pn of them F ro�u��I fln o'nu)hereund e pursuant to one or moro promissory notes ar
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<br /> �:`s��•:;, • aEadvances to Borr ( Y
<br />__--:-7-��;; = eredit agceements(herrforrnan c,of a11+)c4vennnE.s anci nIInsements of Trustor set forth hereinrend(d)al!prcsentand
<br /> - - of the Note;(c)tho pc
<br /> ,averdreft or otherwise. The Note,this Deed
<br /> • � futtca:�d�htedncss and obligations of Bonov�er(or on��uf them if mora than one)to Lender whether d�rect,
<br /> indirect,abwlute or contir�g�nt nnd wheti�er leisina oy�iute,guaranty
<br /> , of Tcust and any and all ot�er documems thnt secum`t��fj}nos pnd assignments of eos 9 snd rents shall be eeferred to
<br /> - '" �. lncluding without limitation guurente�,sccurity agr�
<br /> herein as ihe"Loan Inshumcnts".
<br /> � TIiUSTOR COV�NAN7'S AN�D AtiR�ES V��P��7'N LENI3ER/1S FOLLOWS:
<br /> � � � ;..Na,., ��P,;����rl�creby shafl be paid whtn due.
<br /> -� � I. p$yment aLl•,�a�l�tcdn�ss.Feil���..c� .���
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<br /> _ ____ _�__=I_ _J 2. TitIC. TfUSIOS 19 ihC OL�71[t Tsf IIiG�TOj'TCt1.`}y t�ne t�'�`°3}���nd nnlh„o�r'he e etuttttt�snd�eliveYry of thc
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<br /> ' " warwsnts that the lien creutsd hereby Is a Tir.tt a�tq priar�icn�u�"�'•"r"'• -" �
<br /> beed of'1'rust doos not vdnlate nny ca�tract ov other ob[igation to which Trustac is sub)ect.
<br /> 3, y��;;�csecsmenf4. Tapny,hefore delinqur,nt.nll��xes,�pecial assessments and all other charges
<br /> ngainst tho Properey now on c�ren[Zerlevi¢d.
<br /> q, ��Q. To kcep tltic Pro{wKy insure�t+gainst dnmage by fire hayards included with the term
<br /> "cxtcnded coveragc"and such oti�crhnzcreis os Lcnd�r may rcquiro im m�ounts and�v6th companics ncccptable to
<br />— " Lcnder,namfng Londcr ns nn additionnl nro�ti'►cd insun:d wtth loss payab�a to the Lender. In case o1'loss under suck
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