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<br /> °'.� �� ���'��� CA�l�iUCT10N LOA�RiDEiR TO - . .
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<br /> � ��n�t�ertc�Odou�ing Se�vic� TF�E SECUFiIT1P INSYRUtU�E(�1TT .-
<br /> ' ' A Div[ston af Bank of America,FSB (�AAfdUF/��CTtJRED HOIJSIN3 U�1fYS) ` . .
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<br /> ;�::�,-r--�L°.� TO B�REC�1�E�1fitiTt�THE SECtiRi'�1f IttS'(1�liPA�A1T � -
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<br /> ,� ��. . �� l.ENpEA: BANKANIERICA HOUSING SERVICES, A DIVTST_rJr7 OF BANK OF AMERICA, FSB ;i;: . . s.<:`�:;,�
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<br /> :` -`. . �` '. BORFtOWER:KEVIN F. 'Ta1�7ENDER. �i:: :�,`
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<br /> ��f.'• DEBRA J. TIJI3�IDER ��s:;
<br /> `+ PROPERTY: 306 N 2ND ST �<:�'�`- �
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<br /> . _ -u, DOIVIPHAN. NE 68832 `F ;"
<br /> �. - r ,"`E� LOAN NUMBEFR:2605619 � , •��
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<br /> �� ��Y�',� TH[S CONSTRUCTiON LOA�a�i��R is incorporated in�+a a.rts!sprat��a eA-�,,od 2a a�r�ead a��su}*g�`�an�the S 1� ��z a �._
<br /> . .�,�`, ;�v,;= !�{oKgage, Qead a4�rust a��l.��ac�ty �!, and any and al&ti�t�rs vr as�zecaai�rr�.� ��etID, f�fi�°���1 °<,�y;��r 'w �
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<br />_� ..;:��s-�.;�.. .... - '� . tnstrument�af the same data gisron�j�in�e a�rfsrsigned(the°6orrovt'a�Lo seane Eorrawee's�i�9i��icr4s an��r ";�`��1�f;,��t..•,:;
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<br /> ,>�;;��.'�. . ,•�: the Note,Oisdasure and Sea��Agrmamettlt af the sama dafe ta l.ge���r and secured Osy the Peeperty descn'bed ,.; ,,. , : ,
<br /> ` � - •-�--• '��-r�= in the Security tnshument(°Prcpert�P)• ..-yr.:
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<br />.'� . . .L� '�':J. AN9ENOED MlD ADOD'TtOi�4R CO�.tn eddiUon to tho cav�nAnts and agreements made in the Sscurity -��_���' ��.� ,�:,
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<br /> . .��.`����;:� InsWmsnt,BorrowerandLendortutthercove�antandagreaastoftau�r�:. ,; .J.;: -y;..:
<br /> • ..� ' y` 9. Agneemer�t. For the purpases af the Secu�ffy l�strumont and thi�Constractlan Loan Rtder, all reterences to `
<br /> . t h e t e r m A g r a s m e n t o r t o H o t e�D i a c l asuro and Secu r i t y A gro�rment shall reter to tlte lVot�. Olsdosure and ��
<br /> � � .� . Security Agreement,W a i ver o 4 Tr i s 1 by J u ry a n d A g r e o�►e n t M 6 1 r t�i t r e t t o n o r R e t e r e n e e o r T d a l b y J a d g e A t o n a :���;'�,�, ;
<br /> " ' • . ot even Qate('AgreomenY'j. _
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<br /> . � �'G`, 2. C�natructton Loan Ag�emo�4.Tha pdncipa!amount a?tho A�roetetent whtcfi�orrawer promtsss to pap ts :' ; .s..,;,�.. .�
<br /> � the toseer ot(1)tho Unpatd�atanca eYated in tho ttemiaa�on a1 Amnunt Flrtanc�d soctlon of the Ag�eement,or
<br /> ` �• - (2j the aggregate amourd�adv�nced by the Lender undor tha Ca�n�cBa»lcan Agne�nent executed on tho `�,�'
<br /> ,.t �° same da4e as the/�gteemon�•Borrower agroes 4o compty w�h tha covenants and condi�ona ot the Agreement -_ _
<br /> - _ •- and i,'�e Coe►structtan tdan Agcesment between �orrawez and Londer.which is incarparated herafin by tMs ° _ ��;��
<br /> � reference and made a part ot lhl�Sscudty �ns�ment Tho Ca��truction Loan Agrears�ent pravides tor�e , .
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<br />- � • �. :f�'� oons�uctlon ot certain�improvemants ('improvoments� on tha Wroper4y. Adt advancea made by Lender �?��.T ��;
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<br />.�' ��� p u B U a n t t o t�o A g�e e m e n t o r t h e C o n s tr u c t i o n L o a n A g r e e m orft.s9�a11 be an indebtedness of BorroweT se�ured . .�;
<br />- � � � by this Set�a¢�y Instrurtient�as amendetl, and such advanaas may be a6ligatory under the terms of th�
<br /> ' � Agreement c��he Conatrua�on Laan A�g¢QSmont The 8eauritjl irts�rume�t secures tho �as�ent aT a11 sums '
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<br /> , ;,:.f ; , ,,1y, ,,: . and the pertoimance ot�all�covanants rer�vired by the t�n�err[���Agreement and t9�o�nstructlon Loan �.�
<br /> f,�.�. , .. c,� Agreemant Upon 1he faiture at Borrawer t�keep aer�l i�egtm�rm��ta covenants.oonditions an�agrs��r,,azb at � �: ,� _
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<br /> ? y,� `r .; : ..� the Agraere�eni and tho Construa�on Lean Agr�����R�A'�d�sa1 svm and a11 iMerest and o�►er xlr�gas :' i-
<br /> _:;�;;t�;;�. ..�. ;,�';� �,:,; . provided tcr i�th�loan documenta�$�cured hereby s�s:tP.aII Lt0 option af ths leader;beoome due and ,
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<br /> � ���`�;.'•.� 3. Disbursemet►ts to�a�SeeuNty.All sums d�sbursos try�Lander prlor to c�rnpte�on at the Improvements ��_ _
<br /> - . __•1���°,�.;�'. to protact the secaidty a?4�]a Security lnstru�tent up to thfl Adncipa!amouM ct�he Agreement and�ny tuture _ _l=:
<br /> i��• � '� '� advances,shal!be treat8d as dlsbursements pursuant to tdtA Construciton Loan Agree:�ant AII such suma
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<br /> - ���;-�'� ,���` shall bear inte7estirom thA data ot disbursemont at tho rst�stated inthe Agreesrten� c�tasa t he co t te c Uon � �
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<br /> � � . �,., from Bcrrower ot tnterest at cuch rete woutd bo contrary 4o applicabte law,in whic0�eva�t su�h an�ounts sha11
<br /> = � "`; ° � � . ���:° bear interest at the hlghast rate whtch may bo cafte►aiod taor� Borrower under applicable lav� and sha11 be • � `
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