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rn N <br />N <br />Account No. 173 0005499439 <br />Construction Security Agreement <br />T z z ,` <br />2 <br />C', <br />r -- c <br />`s <br />This instrument was prepared by: <br />(if checked) <br />rn <br />CD <br />_{ <br />C <br />C- D <br />N <br />Q <br />m <br />o <br />Z7 <br />N <br />N <br />r ct <br />O <br />J <br />-� <br />y> U-1 <br />C <br />r <br />co <br />r r.- <br />N <br />U� <br />O <br />.� <br />� <br />Z <br />— <br />v7 <br />W <br />First Union National Bank of Delaware <br />8740 Research Drive <br />Suite C <br />Charlotte, NC 28288 -0097 <br />DEED OF TRUST <br />1��� <br />s, <br />THIS DEED OF TRUST is made this day of September 21, 2000, among the Grantor, ERIC D OLSEN, and <br />ANGELA K OLSEN, HUSBAND AND WIFE (herein "Borrower "), and xAB9TRA=, <br />xfr�i�IillA�l'� *whose address is 113 WEST SECOND STREET ,GRAND ISLAND, NE <br />68801 (herein "Trustee "), and the Beneficiary, First Union National Bank of Delaware, a national banking - <br />association organized and existing under the laws of the United States of America, whose address is One Rodney <br />Square, 920 King Street, Wilmington, DE 19801 (herein "Lender "). <br />* *TICOR TITLE INSURANCE COMPANY <br />WHEREAS, Borrower is indebted to Lender in the principal sum of U.S. $50,000.00, which indebtedness is evidenced <br />by Borrower's note dated September 21, 2000 and extensions, modifications and renewals thereof (herein "Note "), <br />providing for monthly installments of principal and interest, with the balance of indebtedness, if not sooner paid, due and <br />payable on September 26, 2030; <br />TO SECURE to Lender the repayment of the indebtedness evidenced by the Note, with interest thereon; the payment of <br />all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and <br />the performance of the covenants and agreements of Borrower herein contained, Borrower does hereby grant and convey <br />to Trustee in trust with power of sale the following described property located in the County of HALL, State of <br />Nebraska: <br />SEE ATTACHED SCHEDULE A. <br />which has the address of 3119 BRENTWOOD BLVD. GRAND ISLAND, NE 68801 <br />(herein "Property Address "); <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances and rents all of which shall be deemed to be and remain a part of the property covered by this Deed of <br />Trust; and all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) <br />are hereinafter referred to as the "Property." <br />230792 (Rev 07) <br />i <br />Page 1 (1'1�17)1E FR/ARM /PEL Deed <br />173 0005499439 <br />