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r 89'-ft 102551 THIS INSTRUMENT CONSTITUTES A CONSTRUCTION SECURITY INTEREST UNDER THE NEBRASKA CONSTRUCTION LIEN ACT. , ($pace Adore This Lm* for Rscordina Oatal DEED OF TRUST A* CONSTRUCTION SECURITY AGREEMENT _ THIS DEED ()F "It'R ST May I2,. j 19 89 Thtinswris FRANK E. KOLAR. A SINGLE F'EAS7N t "Z re,�aer "1�:1i'htjwstee is EARL. D.. %L$CHN-E%C, ATTORNEY, . (;•" fia�� :�c,� ". "i�..`L`li. ^btncf�ci�xr� is , . , E4]tTR#3 f E 8(!'I(J3ING AND LOAN I�SSDIl�T7�tTN;„ � , Teach is snr�ized gee) e^ztilv�Ig 't ci>no r t('fe. �t*% V THE STATE OF NEBRASKA Fund whose address is. 113 -115 NORTH Lftebt, ID I.SJI.Ifi&N7, NrES- RIV`SKA, .68..801 ( "Let Y;tr • ?. f weroxrLerjdet ze�?cipalsetcuec�f SIXTY THOUSAND A"(l] NA1I00 _._------- ---- -- ---- ___ .. ___ ____Dollars(U.S.S BO,OOO!.LI(l. A' ThisdebtisevideneedbyBorroweesnote dated the same date as this Security Instrument ( "Note "). which provides for monthly payments. with the full debt, if not paid earlier. due and payable on as evidenced by the Note. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications. (b) the payment of all other sums, with interest, advanced umler paragraph 7 to _- protect the security of this Security Instrument. and (e) the performance of Borrow'er's covenants and agreements. For this ` purpose. Borrower Irrevocably grant% and conveys to Trustee, in trust, with power of sale, the following described property i located in HALL County. Nebraska. LOT TWENTY -NINE (29), REGENCY BY THE GREEN SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, L which has the address of 2414 OVERLAND TRAIL GRAND ISLAND , ICU tcayl Nebraska 68801 ("Property Address"), Rip coot? TOGETHER WIT'i'fi all the improvements sow or hereafter erected !.m the property, and 91: easements, rights, :rtppurtenanees. rrnts, nry shies, mineral. oil and gars rights and profits: vwkai rights and stock fixtures now or �ereatler a prtirt of the property. Ail repiaaments and additions shall also bi covered by this Security lristrument. Ab6 of the �are6oing irefened to in this Security Instrument as the "Property." Il(AtRUwt:R CotrENANis that Borrower is lawfully seised of the estate hereby conveyed and has the right'to grant and convey the Property and that the Property I% unencumbered. except for encumbrances of record. Borrower warrants and will defend generally the title to the Properly against all claims and demanda, subject to any rmcurnbranvc% of record Yttts svc-1*11Y 1!iSTRt11411yt combines uniform covenants for national use and uon•unlfoun covenants with I imiedsartauonsby; unW ictio nt,5ctonentuteaunlfnrmsecuntyinstrumentco�cringrealpmperty 'iW� rNUA /ftttMC UNIrORM INSTRUM[NT form 3028 12 /83 ' 1 amttea� Cd0!•. ... s � so0 JAeLea]