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<br /> . CONSTRUG°i'zON SECURITY AGREEMENT _
<br /> � . DEED OF TRUST
<br />' . � �� � Intendinq ta create a Construction Secur3,�p Interest fn
<br />- accardance witla the Nebxaska Construction Lien Ac:t, this DEBD OF
<br /> - � TRUBT is made as of the 6th day of Octaber , 19 98 , �y �d �
<br />• among the Trustor, Todd S Sahensky and Sandra K. Bahensky, Husbaad, w�ose
<br /> � -� -.-''- �ailing adclYe�s is 2 1 1 I R e oa -9 - �i -
<br />_r� (herein "Borrower", w e�her one ox more , e T��t�e Q �a o"nga�d
<br /> > • • • • Nationai Bank of Grand Isiand • Iterein
<br />�•• , .•�` a t�8s s P. O. Box 1688 rand Island 8802 �
<br />_..� •°"•-`�"��'� "Trustee"), ana 'the Benef c ary, THB OVERLAND NATIONAL BANIt OF
<br />""Y� � '-� GRAND ISLAND, whose snailing addres� is 304 WesL Third Street. _
<br />-" �'�;,��� ' P. 0. Box 1688, Grand Island. Nebraska 68802-1688 (h�rein
<br />=�` . "Lender") . '
<br />__ti..�.�p.ar��,,.-. • .
<br /> '� � ���� FOR VALUABLE CONSIDERATION, including the indebtedaess
<br /> :°' ..
<br />�:_"��� �� identifi�d herein and trust herein areated for the purpose of
<br />�ti�? 5i making improveiaents to the real estate hereinafter described, the
<br />-:'..'�`:a�'_.��1��. �
<br />-_:.,.-�;�.,s�� zeceipt of which is hereby acknowledged, Borxower hereby
<br />�`�"`'� �''�r`''�'r irrevocab2y grants, transfers, aonveys and assigns to Trustee. IN
<br /> z::=�:•i;�,`n�
<br />�=:p:�;1;;��=�, TROST, WITH POWER OF SALE, for the bene�it and secnxity of
<br /> ,�,�''_...;'. � bender, under and subjec� �e the terms sind aonditfons hereinafter
<br />;-._ .,.��,,�. ' � set forth. the real prop�r�y, described a� follows:
<br />,_ ;,?,+• . - -
<br />-.=y.�?��`,1:' �. Lot Twenty-eight (28), Moznin�eide Acres Subd3vision. ,
<br />=s=�,�y•:..^r, in the City of Grand Island. Hall Countv. Nebraska _
<br /> _,��°�'-�..s�� ,
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<br /> ' . Together with al]. buildings, ia�provements, fix��sres, -
<br /> streets, alleys, passage�vays, easemente, riqhts, priviS�ges and
<br /> �. agpurtenances located thereon or in a�ywis+a perta3.ning �theretor -
<br />`. � and the rents, issues and profits, reversion,s and remainders _
<br /> - f� thereof, and such personal property that is attachc� to the
<br /> ' improvements so as to constitute a fix�vxre, incluSir�g, but not �"
<br />- .. �.�-
<br /> limi�ed to, heating artd cool3nq equipffiQa�s and toget2ie� with the . �;,�}_
<br />- - homestead or marital intesesta, if any, whioh iatiereats are ��__
<br /> hereby released and waived; all of which, inaluding replaaements �=
<br /> ==ia� :_ �._ _�.. a....t sr� �.. l,o � r»rt nf the �'_-
<br /> —_- -_ = alla aQaltlOn6 LilercLV� io sac:v+.J ..o..�••�•�••• •••_ - c--- -
<br /> , � real estate secnred by the lien of this Deed of Trust and all of . -
<br /> ��� the foregoing beinq referred �o herein as the "Property".
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