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<br /> ° � ` , . �S. � 8orro�er � execeeter� �a Trust Deed dated September 3Z, � . � ` � �-.
<br /> �`�"`� � ` , 39$6 �a$ Truator.�witd Lender as Tru�t�e and Heneficiarp on tf�+e ` � ' �� �. 1
<br /> �rtsY eatate k�o�n as Lots pne �12 and Twa (2) Parking Ramp �
<br /> i , �. ` - . �
<br /> -----_ ---- - - ���v�s3.a�,—�,r�g���.-o€ €.at�==�r-.�-a:� ;; - S2�ei� 33;� ¢rc��i.t��I- ;_ -_ -- - . = ===
<br /> _. -- --- r. . _.
<br /> , � ` . � -Tc�rn ot`�saad xsland; N�braska, and filed ` in ttii� R�gister of ' `
<br /> - Deedu Office . F4r Hall• Ccunty, Ne1�ra�ska' ' �Dacr�unent •Nweber � �
<br /> � . .� � . Bb-ias���sj ("Patkfng Lot Trust Deed"� which Parking Lot Trust . � " ' °
<br /> • ' D+e� . stc�u�e� the indebtedness and ab�igations evidenced by �he � `
<br /> �rigin�l Pxae��sory Note and Second Promisaorp Note; , . � � -
<br /> . -..—F,. _ . . . . . . -_--_ "
<br /> s � WBEitEAS. BorroWer, , as Tru�to�, execute8 a Trust �deed dated . � ,. � �
<br /> � •� Septea�ber .!1, 19B6 and recorded as Document Num�er � 86-I05�4�, °
<br /> ' s • � s+ith LenBer ��s T�ustee artc� Benef3ciary on tt}e Condominium Units � �
<br /> - OO�. �and 002 which are fur�her described oR Exhit�it "A", which i� � � �
<br /> , , filed in th+� Register of. Deeds O�fice for . I�all�ounty, Nebraska �
<br /> , < {"Lower �evel' Trust ;Qeed"y wh�ch Lower Lenel Tryst Deed serured
<br /> : -_ � the ir�d�is�edn�ss and abiiga�iGns evideaced bp the driginal � � .-
<br /> `�. ' Promfssory Note 'and Second Promissory Note; � � ,
<br /> " ; � WHEREA3, a Second Amendmen� To meclaration To The Yancey, a '
<br /> Condaminium� was exeCUted on Dece�iber 20,. �486 and recorded as �
<br /> � Ooeument Number 86-1075t4, which among other tEiings; subdivided ` .
<br /> ' • Unit 141 into Onit 101 and Unit 102, change the condaminium � �
<br /> � � ` � number of Unit 102 to Unit 143, change the candominiu�a number of � =
<br /> • iO3 to 104, and subdivided URit Zt�l .isato 201A, CJnit �O1B, Unit
<br /> - '241C and Unf.t 2�1D �"Second Ansendment .To Declarat ion" ), whict� � �
<br /> Seeond Amend�ent to Declar�tion is in�orporated her�fn by this
<br /> ' ' reference; � �
<br /> WI��REAS, Borrower, on pecember 31, 1986, saith Lender's con- � �`
<br /> �� ee�t, sold and transferred all �f its intereat (said intece�t � � ��,
<br /> being a leasehold .estatej in the reai estate which is subject to � ;
<br /> the Parking Lot Tru�t Deed to Artvest I�I, a Nebraska general
<br /> partnesship ("Artvest".) ; ,
<br /> WAEREAS, Lender, as se�urity for a loan to Artvest, also � _
<br /> � obtained a subordinate assi�:�ment an�3 deed of trust fro:� �rtvest
<br /> of and on Artvest's interest in the �easehol�d -esfi3ke an th•e real ��
<br /> estate sub ject ta the Pack ing Lc�t Teu�t Deed; _ ._-+ � .
<br /> � , WHEREAS, �arrower �aid to. Lender on C�`ember 31, 19�6 ehe sum
<br /> ` . , of $462,442.Q� whiCh was all the then �utstanding indebtedness
<br /> - represented by the "Original" Promissory� Note;
<br /> . WKEREAS, Earrower paid to Lender an DecemSer 31, 1986 the sum "'°`"
<br /> of $535,000 �rhich was appI,ied to the ou��tanding ind�bredneas . —
<br /> represented by the 5econd l�comi��ory �lote; � �T''
<br /> WHEREAS, Ler�der executed anc� de�ivered to Borrawer a Partial �
<br /> , � Deed oP� Reconveyance, dated December 31. 1986 and recorded ag
<br /> Docucnent Number 86-107S18, .��hich re2ea�ed Units NA. 20SA, 402,
<br /> � 403, 405, 502, .505. 6b1► 605. 702, 801 'and .1001: . . .... ........ . _. . . ..__ .... _. _ ._ .._ ..--
<br /> WHEREAS, Lender executed and ci�livered t� Horrower 3 Partial
<br /> Deed of P.ecor�vepanae, dated December 3i, 2986 and recorded as
<br /> Uocument Number 86-207519, which released tfstiC No. b02;
<br /> WHEIt�AS, Borrawec �nd Lertc��r ex�cutec3 th� 5everith M�di f i-
<br /> - � rativn o€ �,oatn Uacuments dated as af_ Marc�ts i9, i 387 (Fiocument �
<br /> Number 87-10290�� which is incorparate�i her�.�.in by this reEerenee f°'°=--
<br /> • . ?n� -��*�ehi a��::� ca::er �:::n-ya, rc��c��� �.�r La4e amv�nc an� - . •
<br /> . , extended the mat�trity date of the Secand Promissory H�te to �
<br /> Oecembtr 31,. �987; � �
<br /> ; f
<br /> _, _.. . WHEFtEAS. 8n:rower. and �Lender exe.cuted thE• Thic� Azrtet�dmE�nt and - --
<br /> - � i�esta��emenC oE" th� Fi�sTie� E3�nk, Natit�naY 1�ssr��iatac�n,, I,ir¢coln,
<br /> � Nebraska, Constructian I.aan� Aqre�ment, dat�� ar; �f la�rc� Z8,
<br /> 1�87, which is ineorpc�raced hereir� by thzs reE�rer�c�e ( "'t'hird
<br /> Amendment �a E:on�tructicsrt ��aar� Agr�.=Pment"); � �`
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