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<br /> : ( � TNIS UFF.D OF TRl/S1 u n�ade th�s Idarol ��-�49Z __.• b y and betwnun Q -- �
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<br /> � �nd Tud S Tacob�pp, h11.SI�d.ild. and w;f w �""'�
<br /> [3e�YAlri Q_ Tar_�phSBA Y `" -
<br /> whethe�one o�moro,(hareinelter called the
<br /> "Truslor'1,whosn mahng addrnss�s - —z=--
<br /> Dnnijijl8a NR FHB3 - ' — ----
<br /> � �7 S_ BLfft�,lp_,BOad � --`i.
<br /> ' �ry�gt Banr,,,��a cka_ `-`'---' ""^""'°'a on fhereinaler called ths 'lrustoe 1,whose ma�lmg
<br /> � � addrsssrs7h7,�j„�$��Li�Rrnn Avw. „_ , and ��----_
<br /> HaatinaR NH 6990� ��=�
<br /> � ��•�' Nor.vear_ $gg��IF2I�YELg1�,, Nat�onal AASO�{AH on ,(hereineltei celled the 'Bsnelicisry'l,whose --_
<br /> meiling addrnss is��,�j_�r_.],jIIQ�on Ava�._ Hact,y��, N1Y 69901 _
<br /> WITNESSfTH: ,
<br /> r !F THIS BOX lS CNf.CXED� 7NIS DEEP OF TRUS f CONSTITUTES A CONSTRUCIlON SECURlTY AGRfEMENT UNDER THf NEBRASKA ��_
<br /> CONSTRUCT/DN ll£N ACT AND CRfATES,GRANTS AND CONSTITUTF.S A CONSTRUCTION SECURI7Y INTEREST!N THF PROPERTY
<br /> OESCRGRfO HERFIN AEL OW.
<br /> _,...'._.___ .. ;uy�qc4g, Tn�emr ia r'ndAbtod fo Beneliciery in Hie prirrc�pal sum ol —
<br /> '`;, �.LY Thouge ._
<br /> ;,;;;;{� DoJlar.+(S.4 0_0�O�Q(1 l, which indebtodnass is ovidanced b y Trusror's piomissory nato dated n 7_?i«i 4 q� -
<br /> '•�',�`� fAorerinaftrr caqod tho'Note'/,payablo ro the order of Beneficiary and hevmg o maturity nl 07-Ol-199 H —
<br /> • NOW, THfRf�OR� lor the pu�pnse ol secuim�: — i
<br /> l�!peymrrit of th�Note, mgether with inte�est tAe�aon,lata charges,prepayment penalties,any Iutu�e advances,end alI extensions, `
<br /> .,....;.r: modit�cetivns,substitutians and renewefs heieo%
<br /> - fGJ payntenf a!all othor sums, laos ar ch�rges, toqether��ith�ntn�ne►�hnrnnn.advanced to p�ofec[the security oI[his Oeed o/Tiust and
<br /> � `'� '� the per/nrmance ol th�covanenta end egreements ol Trustoi,whether or not set�o�th heHein,
<br /> y.`i:
<br /> IcJ pMlorrnance,dischargo ol and compliance with every teim, covenant,obligatfon end ag�eement o/Trustor cnntained heiein or
<br /> `� incorpoie[ed by relnrnnce or any othei secunry instrument et anytime given to secure the Note,and
<br />- fdJ the repaymnnt al eil othor sums oi lutu�n advences,with interost thereon, which may heretolore have been or heraelter be advanced b y
<br /> � � Benaliciery to Trustor or Tiustor's successoi in mtorost or fitle,
<br /> I J";n-•ck5;x: al►oi whlch!s hnreinatter coUectivety called the 'Inde6tedness', Trusror inevocabty grants and trensfers to Tiustee,in trust, W1TN POWER OF
<br />' ,y.;_..•.,.•
<br /> .r i, �� - SALE, tho lolbwinD described prope�ty:
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<br /> T1".'•��'', Lote 10 and 11, Pineview Subdiviaion, Ha]1 County, Nebraska.
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<br /> fopethor w�th(il a!/bui/dings sbuctuies,additions,enlar,qements,modi/ications,repaiis,replacements,and improvements now or heieafter
<br /> • � located thnreon,f��J all Aquipmant,machmery�nd lixtures Irnclud/ng,without limitatlon,n!/lig/�ting,heating, ventilating,cooling,air condidoning, -
<br />-"'"__:�_ , sprink/ing and plumbing lixtures, water and power systems,engmos,boilers, ranges,ovens dishwashers,mirais and mantels, carpeting,
<br /> '=�, ' /urnecos,oil bmners,olevato�s and motors,re/rigeiafion plents or units,commun,cetinn systoms,dynamos, trans/ormers,eleonical equipment, �
<br /> ' i��� sturm and screen wmdows, door�,awnings and shadesl now or he�ealter uttached to,or built in,any building improvement or improvement _
<br />_ �� M•� now or heiealter/ocatvd thoreon, G�il al!easements and rigAts oJ wey nppurtenant thereto, livl all leasehold estate,right,GUe and inteiost nl
<br />-�� ' ,.- Tiustor in and to a/lleases, whether nnw or hereafter existing or entered inro lincluding, without limitation,all cash and securiry deposits, -- __
<br /> advt+nce rentafs end deposits or paNmonts o/a simi/ei nature/,portaininp theroto, fv/all ients,issues,pro/its and income there/rom Isub/eet to _ __
<br /> ''','�;;�� the dght o/Trus[or to co/locl and apply such ronts, issues,prolits ond a�come as thoy bocomo due and payable sn long es no event ol deloult �
<br /> ,.i exists he�eunder/, Ivi!allroyelries,mineral,oi!anA gas nghts ond prolits,water,water rights,ond water stock, lviil aU tenoments, ��a�
<br /> ��` hereditements,privileges nnAappurtenunces belongmp, used or nn%oynd in connection therewith,and fviiil all p�nceeds ol conversion, volun[ory :�
<br /> ,� or involuntpry,o/ony ol tho lorngoing inro cash or l�quidotad cloims Imcluding,without limltaNan,proceeds ol insmence end condemnetion 1�,•'
<br /> � awardsl,a1/ol which ls heroinalter coUectrve/y ca/led fho 'Trust Property'.
<br /> 1
<br /> TO PR07EC1 THE SkCURITY 0� THlS Ofl.-D OF TRUS�, TRUS70R COVENANTS AND AGRE"FS AS FOLLnWS: x'��*'�'',�
<br /> f. Tldi. Trustor covonants, warronts and e,qroes wilA Rnnn/iciary��s sucr.essors and assiqns, thnt Trustor owns Ihe Trust P�operry Iree/rom ony ; ��•+'�:. , :.
<br /> prior lien or oncumbrunce, thuf this Dved o/ 7rost is and wd/rem.��n a va/�d and entorcodble/irst Hen on t/in Trust Properry thar Trustor,�t its .,r��,•3'+�i'f�,•
<br /> expenso, will presorvr+such UUe and wrd maintam this Doed ol Trust as a/�rst.�nd pAramount lren upon tho Trust P�opeity and wdl lorevei ';^`}r�a�"�i.,
<br /> wanant and delend tbo validrtY and pnonry o/the hen hnreol a,qanst fhe da�ms ol ul!persons and parties whomsoevor. Trustor,ot its expnnse, , � �-
<br /> + wil!eauso this Deed ol Tiust,and eoch emrrndme»!or supplMment hereto,to be/�Ied and rocordod os a mwtga,qe ol fho l'iust Property in such
<br /> ` manne�r end�n such plur.o onAwiq take such ochon as rn tho op�nron o{irustee mnY be rnqu�red by any piosent o�luture Jaw m order to peilecf, ,
<br /> ' meintoin end protect the lion ol this Dood ol Trust, as fho camn nroy be�mendod or supp�RmPntad lrom time ro bmo. Truslor will meke such
<br /> --- — • ••-- '-••-•
<br /> ...____... ti...........ea i..,a.,ds;,,,v TfIIClA!IIPfAI/V fNIHiQUISItOF Q/I/7OII�OI " °
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<br /> /Uf�110/033U/9IICB 0l053f!lBnCnsloNN�Irrcl�i:�inm ivu.n .vE.m.r•�•••�r .-Y-••_.._. �_._...___ . . . "-�-.-.
<br /> ! dower nnd homestoad�n ond fo fha Irust Property.
<br /> - � ?.P�yn1Mt o/IM118bdMi. lrustor slmll punctuul/y pny fhn prmcipal nl and�nfoiasf mi tho MdaLtednoss socurod lrernb y. - '
<br /> � 3. ConsfwcNon ol MrprovMnMti. Irustor sho//minpletn�n,ynorl and workmanbkn mamter��n y bwMinys,�mpmvements or rapa�rs relotmg
<br /> . ; rharoto whrch may 6e begun on the Trust Propor�y or r.ontontpletnd b y tho loan ev�dencod by the Notn secured horaby, to pay when duu all
<br /> � r.osts ond lrabdities incurrod fhernlore,and not fo pamit�ny consnucnon han a,yamst such I�us�Aroperfy. !n the eve»t constructron ol
<br /> , Amld/n,qs,�mprovc�menfs or repuirs oro confnmpla�ed Trusror also r�,qroos nnyth�ng m th�s Doed ol Irust ro fho contrary no[wrthstandmg;/01 to
<br /> prnmptly commence nny such work end to compoto fho p�oposnd�mprnvemenfs promptfy, !bl ro conrplo�n the sr�mo m aceordance with the
<br /> pinnv and spenhcahons as approvnd hy Hrnohci�ry,fr.! tn comply w�fh nll fhe torms of a budding loan ogreomenL d eny,between Trustor nnd
<br /> Renehaory, fhr tenny nl wle�clt aio mr.vrporntnd hormn by rele�renca,�nd mbdn o pnr!A�r�o% !dl fo afJow Benehcmry to�nsprtcf tho Trust
<br /> � Property at op lrmos dunny canstruchon,artrl 7e1 tu rnpl;m.n d�ry wnrk nr matnnal,unsnbsfar.twy to B�nnhc�ary wrthm lr/teen f l61 dnys elter
<br /> � wnfton noticn lrom BonoGcr.uy o/such/art.
<br /> Pr�pe 1 0l b
<br /> I Nf 17RJ7tMI0 f"+•iti�51�.r7 n NIOl7AtiAA t)N(� �
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