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<br /> AEED OF TRUST, CUNSTRUCTION SECURITY AGREEb1ENT,
<br /> ASSIGNMENT OF RENTS, AND FTNANCING STATF.MENT
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<br /> THIS DEED OF TRUST made thia '� f day af �, 1�j� r t,c �� , 1990, is
<br /> �iven by Hamilton Chevrolet-CadilZac, Inc. , a e awar� orporation,
<br /> "Grantor") , whose mailing address is Box 152'8, 3312 Stolley Park
<br /> Road, Grand Island, Nebraska 6$802, as Grantor, to Eugene L. Pieper,
<br /> Eaq. ("Truatee") , whoae address is SQ60 Dodge Street, Omaha,
<br /> Nebraska 68132 �s Truatee, in favor of Genera]. Matora Acceptance
<br /> Corporation, (t'Beneficiary") , whose address is Box 14099, Omaha,
<br /> Nebraska 68114, as beneficiary.
<br /> W I T N E S S E T H:
<br /> For the consideration of Six Hundred Thirty Thousand Eight
<br /> Hundred Thirteen Dollars and no/100 ($630,813.OQ1 (the "Loan") and
<br /> ' to secure all obligations of Grantor under that certain Promissory
<br /> Note secured by Deed of Trust (the "Note") and the Loan Agreement
<br /> between Grantor and Beneficiary of even date, ( Loan A�reement ) and
<br /> the Loan Documents af even date herewith as set forth in the Loan
<br /> Agreement, Grantor has �ranted, bargained, assigned, sold and
<br /> conveyed, and by these presents does grant, bargain, sell and convey
<br /> unto Trustee and to is succeasors and assigns, in trust, with power
<br /> of sale, th� real property described as Lot One (1) , Hamilton-Kinman
<br /> Subdivision, in the City of Grand Island, Hall County, Nebraska. .
<br /> This is a Construction Security Agreement as defined in the Nebraska
<br /> Construction Lien Act to the extent proceeds are advanced by
<br /> Beneficiary as provided in the Laan Agreement. '
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<br /> TOGETHER with all the tenements, hereditaments, easements, �
<br /> rights-of-way and appurtenances thereunto belonging or in anywise . _
<br /> appertaining, whether now owned or hereafter acquired by Grantor, � -
<br /> and any and all rights of ingress and egress to and from adjoining �;:°i
<br /> property (whether such rights now exist or subsequently ar fse) , •:;�
<br /> together with the reversion or reversions, re�sinder or remainders, �
<br /> and rents, issues and profits thereof, and also the entire estate, �
<br /> right, title, interest, claim and demand whatsoever of Grantor of,
<br /> in and to the same and of, in and to every part and parcel thereof; ;
<br /> and � �:�:.
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<br /> TOGETHER with all buildings, structures, and improvements now or '�}'�
<br /> hereafter located or erected on the real property, and any and all ;,� �
<br /> easements, licenses and rights-of-way used in connection therewith; �. .,�:
<br /> and •
<br /> TOGETHER with all trees, shrubs, flowers and other landscaping �
<br /> £eatures and all oil, gas, minerals, water, water rights, drains and
<br /> drainage rights appurtenant to, located on, under or above or used
<br /> in connection with the real property and the improvements situate
<br /> thereon, or any part thereof, whether now existing or hereafter
<br /> � created or acquired; and
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