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<br /> � � , This instrument was prepared by and upon recording should 6e relurned to: Dwight L.MiGrson, _
<br /> ..,:��y Jn, Esq., Burr&Forman LLP, P. O.Box 830719, B�rntingham, Alabama 35283-0719
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<br /> =•�� • DEED UF TRUST, ASSIGNMENT OF RENTS
<br />- �� AND CON�TItUCTION�ECURI�'Y AG�'.EEMEIV'T
<br /> -- (Grand Island)
<br /> .�!4'__;:^A;,�i:i;:
<br /> _;`t'.}°'.=.���, THIS DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY
<br /> .`"'�«�;� _ : . AGREEMENT (this "Deed of Trust"),WITH POWFR OF SALE,made as of the 2nd day of �.
<br /> ' �•_:�'����' December, 1997 is between NORTH CENTRAL ASSISTED LIVING,L.L.C.,a Kansas limited
<br /> �"-����� � � liabiliry company,trustor(the "Bonower"), whose address is 706 N. Lindenwood Drivc,Olathe,
<br /> ��k�� ��-�':Y Kansas 66062. WALLACE A. RICHARDSON, a member af the Nebraska State Bar
<br /> ` � � � Association, tntstee("Trustee";said term always r�fening to the named Trustee and its successors
<br /> '���.1 Y`.1.5l���'_
<br />-ti�';��,,,..1,� in trust), whose address is Knudsen, Berkheimer, Richardson, Endacott & Routh, 1Q00 NBC
<br /> -- ���•��� � ti. Center, Lincoln, Nebraska 68508, and CAPSTONE CAPITAL CORPORATION,a Mazyland
<br />� ���_ cor�oration� beneficiary (the "Lender";said term always refening to the lawful owner and holder
<br /> ,.; ' of the indebtedness secured hereby), whose address is 1000 Urban Center Parkway, Suite 630,
<br /> --_ Birmingham, Alabama 35242.
<br /> -y'�"''"'� ' T�iIS INSTRUMENT IS A"CONSTRUCTION SECY7RITY A�GREEMENT"UNDER
<br /> . �.:
<br />�= ��
<br /> ., THE NEBRASKA CONSTRUCTION LIEN ACT, AND SECURES AN OBLIGATION
<br /> WHICH THE BORROWER INCURRED FOR THE PURPOSE OF MAKING AN =
<br /> I11�PROVEMENT OF THE PROPERTY HEREINAFTER DESCRIBED, AND IS A
<br /> CONSTRUCTION SECURITY INTEREST.
<br /> RECITALS:
<br /> A. Borrower and Lender have entered into a Loan Agreement of even date herewith
<br /> (as the same may hereafter be amended, the "Loan Agreement"),pursuant to which Lender has
<br /> � 489846.3
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