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<br /> f � Deed of �rust, Securiiy. �lgreeme� 5 r ��-.�4c
<br /> , " 4 ` � � �,N� and Fixture Financing State�ent t � ���� F �� _
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<br /> �+t f . .,t:• This peed of Tius4 Securiry Agreement and Fixture Frnancing Staiemern t Deed of Tiust7 is made Ol-QB-1999 ,by and
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<br />:.�:; -- - _. ,`i';' between Reed and Reed Inc. f ,�s:
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<br /> lrAe Tiustar'1 afN C Co o tion � "�0'
<br /> �t . ` . _ L-' Norwest Hank eb ska National Ass iatio _ �� -
<br /> �� . --` (the?nrstee%a trd8anal banking association,and ' ` c-. _
<br /> Norwest Bank Nebraslw National Association � Ye �
<br /> ��[ • � 'Fr ____ .'.^ �. —
<br /> �� �• .. lthe Bene�rclary'l,a national barilung assotlation. W17NESSETH: � .` .;'f.�$
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<br /> � ; �� u � � IF TH/S BGX lS CNECKED � TF!!S DEID QF7RflST CONSTf�UTES A CONS7RUCTION SECl/RITY � �
<br /> ' ' AGREEMFNT UNDER TNE NEBRASKA CONS7RUCTlON LlBY ACT AND CAEATES GRANTS AND t�
<br /> �E°�"• f'. CONST/T(I7ES A CONSTI�UC110N SECURRY 1MEREST/N THE PROPERTY DESCR/BED BELOW. ',. ��
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<br /> f �' LVNFREIlS > -px_.,:
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<br /> v-;� �Tiustor Aas execated and de/ivered ro Bene�ciary a D�missory aote In tAe prindpal a�of '.J �; '_ =_
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<br /> , ` ' Dollars(S�S,fnnn nn J.dated ni-na_1999 .payabletotheordeiofBeneTciaryendhavingamatrrrifyof ���f _�`
<br /> ,,, � � - ��_��_i qqq ,together with inteiest theieon,/ate charges,prepaymenJ pena/Ues,any future 8dvances,and all ;'�,-:-
<br /> � !` � e:tens/ons,mod'il"icatlons,subsEitut/ons aad reneweis tAereof fhe�ernafte�the Note9. ���3 _
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<br /> ,s-�`� • : ,. fthe 13oaowe�l,has appOed to BenBfielary!or one er mare/oat+s,Iatters of cted'n or oUrer finaneial accommodeuons and may Aereafter .� ;:,;�;'
<br /> fiom time to Nma apply to Ben�eiary foi ad�8onal�oans fetters of uedit and othe�fmanGal accommoda►Ions,and to i»duce BeneTielary ;�,•,� ,
<br /> �','`;;' �' �. to provlde finaRCial accammodatrons to Barsower. '•'� ''�` �..• =.
<br /> '��r'�� �°..;:,�;;-,. O H th/s box is cheeked, Tiusror has guaranteed to 8enefrciary the paymant and peAormance of each end every debt,liabi�ty and � , �-�:V :
<br /> ��''. `'•� oAligation o1 everY tYpe snd descript�on whicA Borrower may now oi at any tlme herealter owe to Beneficlary lwhethe�such debf, � •, <.!�
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<br /> liatriliry o�obGgaHon now eruts orls hereafte�aeated ar irrcuaed,end whether rt is or may be di�ect vr indFrect.Cue os ta Decome ;: ,: _f.,y�
<br /> ���'` � ` ' duB,abso�ute o�tontingenl,p�imary or secandary,/i4uldated or mdiqufOdted,o�Jofn�several o��oint arrd severeil, • �r,
<br /> •�',:_,� .. _ _ __ __ O !l thls box!s checked,Tiustor Aas guaranteed tn Beneficiary the paymen!and perlormance o1 the debL/iability,a obligatlon of ', tx -.:`r� ..
<br /> _ , �-T Bo�towe�to Beneficiary evldeneed bY a�arlsing out of the folfow/ng: �. -3
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<br /> and any ertension9,ienewals o�ieplatements�hereof,tcgelher witA aeciued Interesf therean and related costs o!e�rtorcement end it��� -
<br /> � �` eolleeUon expenses,pursuant to a Guaranty Iherelnafter the'QrraranN'10l even date heiewith. : ,_,
<br /> !• • Tiusto�shalf elso pay alf othei sums,fees or cha�ges,togather with lirlerest thereon,adVanced to O�otect the secarity ol this Ceed ol Tiust ' : •
<br /> +" and the peAormance of tAe cavenants and egieemenra ol 7msto�whether or not sef lodh here/n and peNO�m,d/sahar�e and eomply witA °�;:� _,;
<br /> .���� � ' every tean,covenant,o b iiga tion en d ag i e e m e n t o l T i u s t o�a ontalned hereln o�ineoiporated by refe�ence lTrustoi s oDhgaUo�unde�the ` �''• ,
<br /> �'.��;.. ' • •
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<br /> Note or the Guaranty,as app/ica0le,end a/f such other sums are heieinafte�collectively relened to es the'Obligativns7. ;.•.-,.. �"
<br /> ;t '.:� �- ° °- � 110W. 7HfREiORE,in consi de�ation o I t he premises a n d l o i t h e p m p ose af setuhn g the Obli gations, 7iu9tor/nevocably�ranta
<br /> ' �',. .� • • �� � end tianslers to liustee,in bust W/TH POWER OF SAIf, tAe/ollowing deseribed 4ro0ei+Y�ocated in tAe CounN of , , � !
<br /> ,��'!'"� � Ha ll ,State ofNabraska: � .
<br />-_�'.�.ci:,�. '.: _ ',:
<br /> ?'•��.j, • � , Lot 43, Jeffrey Oaks Third Subdivision, City of Grand Ia2and, Hall County, 2lebraska. . -
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<br /> '�•`• � '} • SUBJECT TO; easements and restrictions ol iecoid,and:
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<br /> J. . � mgother w�lh lil a/I buddinr�s,sauctu�es,addiuons,eMa�gements,moddrtations,repaiis,�eplacements,and lmprovemonts now or herealte� . . .
<br /> -r=' �' • locoted thereon,/iil e/l equipinenL machinery and lixturos f�nNudrng,withoutlimitetion,al/liQhting,heatirtg,ventilating,eoaling.an .
<br /> ' • tonditioning,spdnklrng and p.+umbing lixtuies, �iatei and Dower systoms,engines,bOileis,ranges,ovens,d�sh.vashars,mino�s and mantels,
<br /> � ca�petmg,Iuinaces,orl Dumers,e/evarors and morors,rotrigoiatio�plants or units,communicarion systems.dynamos, bansfa�meis. .
<br /> � electnta!eQwDment,storm and screen wmdows,doo�s,awnm�s and shadesl now or he�ealter atlached%or buiJr rn,any building . .
<br /> �- • ' • - rmpiovement o�imptovemBnt now oi heiea/tei�ocated fho�eon, Gid al/easements and rights ol way appurtenant Merero,Gv/a/1 loaseAOld
<br /> estato,nght,hNo and�nterest of 7�usfo�rn and to al!leases,whethvs now or Ae�eal(e�existing or ente�ed inta I+nc/ud�ng,without lim�tatian,
<br /> � � ' ap cash and seturiry deAes�ts,edvance rentals and doposlts or payments ol a srmrlar natu�el,pe�taming tho�etv,IvJ al!�ents,issuv2 Orofifs
<br /> and,ncome Ihe�eliom Isubjact to tAe nght ol Trustor ro collect and apply sucA rents.�ssues,proli�s and income as they beco�re due�nd
<br /> '— - " - - paya0le so lang as no ovent o1 delault ex+srs hereurtdorl,fv+1 a1!royalhes,mmerel,0�1 and gas�rghts and p�o/its,water, wale►ngbts,and _ __
<br /> � water stack, Mil al!tenements,heiedRaments,pnvdeges and oppurtonances belonging,used nr en/ayed m connectinn therew,th,and fvuil t►/1 '."
<br /> ' � ' - � ��oceeds o/conve�s�on, volunteN or�nva/unta�y, o!any ol the loregang�nto cash o�liqu�dated claims�rntludrng, rnthour Irm�tation, ,
<br /> voceeds oI�nsuranco and condemnatran awardsl,a�t ol vih�ch are heie�nalte�colJecr�vely the'Trust Pioperty.'
<br /> ',i',•.'� : ` • ' TO PROlECT THf SfCUR/TY OF THlS DEED OF TRUST. TRUS70R COVENAN7S AND AGRfFS AS fQLLOCl/S •
<br /> l. T(UO. 7rustOr covenants. warranrs and agrees wqA 8enef�_�ary.�ts succes.;nrs and ass�gns.Mat 7rusto�owns�he Trust PioOarty IsuDfett
<br /> !v a�v lJ^d sa�e conr/act des[nDed BDovel and has rhg nghf fo con�BY/hB Trust Pioperty, Ihat lAe�rust P�operty+s��oe��om any pnor N�n
<br /> or!�ntumb�ance ertept as nlAerw�se<<Sted abov^. Mvt th.is Deed ol Trust�s and.v�rl rema�n a va��d and e��o�ceabie��e�on�ne 7',ust
<br /> - ' �mttnify rn.�r T,ustor. at�rs Pa0!'/�SP, rl�Il p7P5C�VE SUCA hI�P dn(J W!U TA.7/OfJ//�rh�s Deed o/7rus►as a l�en uport r.he Trust Propertv and w�ll . . .
<br /> -- "---.. . : .J..-�•�.n� .ullnnfGnGVOI TYIIG�/1f7/riC ___ -..
<br /> , . . - •- .— �pr�ver riai•]^f�M dC/r+nd Ihe vdLd tY dnd l���OnIY n�tne nPn r.e�evi aye..rs�r:.c c:�...:��.=:f:.:.=2��::".. -..__ . ..
<br /> • •� I r+oe�sc. w�n'.duSP!h�5 DPPd 01 Ti�St, d�A/'d[h.�rpC^dr•nnf nr SuAAIPmPnt hprPfO, f0 bB���Pd Jnd�PCO�Ufd d5 d m0�f039f O�thF rrusr j .
<br /> �, ,, � . .i P-ooer�y,r a,ch rnannai and��>u�n n1aCP.TnA tt�U fJkB SUCh dChOf+d5,n rno onrn:on o/Trustee M�r he revu,red D�anv v�esenr or/utu�e f .
<br /> - - � ' •i.��.,.�.���..m p.v��•� .•,.�,nrv,n a„��>.�tP�r rhp Lpn n/fh�s DPc(J 0/ T�yS�. d5 M.'P S.ITn MJI DP dTPnOP:I nl c�PpfFr�Pn/Pd bom timP!o hmr. �
<br /> � . . . ' j T..�q•a• �.idi..,i4.,c.p-h ),�•rnor 9:c,✓on�n n�a�:5ur 1r�g9 r�pa.In�/ rq•.�Ip rp�rP �ruSf CrppP/tv 9c m.1�hP�e9uved 0�Benel,°,ary Tru5f0' 1. .
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