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<br /> 200000532 �
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<br /> CONSTRUCTION SECURITY AGREEMENT
<br /> DEED OF TRUST ���
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<br /> Intending to create a Construction Security Interest in i-�
<br /> accordance with the Nebraska Construction Lien Act, this DEED OF ��
<br /> TRUST is made as of the 19th day of ,T_aTuar�, 2pp0 , �� ► �'ifenand
<br /> among the Trustor, Rudolf�'-F�te and Jeanrnce R. Plate, Husband a�yd w�ose
<br /> mailing address is 2 '•
<br /> (herein "Borrower" , whether one or more) , the rustee, The overland
<br /> • National Bank of Grand Island � ��7��:�XX��XX$�, whOse mailing
<br /> address is P. 0. Box 1688, Grand Island, NE 68802 __ __ (herein
<br /> "Trustee") , and the Beneficiary, THE OVERLAND NATIONAL BANK OF
<br /> GRAND ISLAND, whose mailing address is 304 West Third Street,
<br /> P. 0. Box 1688 , Grand Island, Nebraska 68802-1688 (herein
<br /> "Lender") .
<br /> FOR VALUABLE CONSIDERATION, including the indebtedness
<br /> identified herein and trust herein created for the purpose of
<br /> making improvements to the real estate hereinafter described, the
<br /> receipt of which is hereby acknowledged, Borrower hereby
<br /> irrevocably grants, transfers, conveys and assigns to Trustee, IN
<br /> TRUST, WITH POWER OF SALE, for the benefit and security of
<br /> ' Lender, under and subject to the terms and conditions hereinafter
<br /> set forth, the real property, described as follows:
<br /> Lot Fourteen (14) , Westwood Park Fourth Subdivision, in
<br /> the City of Grand Island, Hall Countv. NebraGka.
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<br /> Together with all buildings, improvements , fixtures,
<br /> streets , alleys , passageways, easements, rights , privileges and
<br /> appurtenances located thereon or in anywise pertaining thereto,
<br /> and the rents , issues and profits, reversions and remainders
<br /> thereof, and such personal . property that is attached to the
<br /> improvements so as to constitute a fixture, including, but not
<br /> limited to, heating and cooling equipment; and together with the
<br /> homestead or marital interests, if any, which interests are.
<br /> hereby released and waived; all of which, including replacements
<br /> and additions thereto, is hereby declared to be a part of the
<br /> real estate secured by the lien of this Deed of Trust and all o£
<br /> the foregoing being referred to herein as the "Property" .
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