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<br /> �S.�`• ;4 AQQ�iOiiLSDaBl�NT OF DSBD OF TRUST
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<br /> ' Borrower, whether one or more, undarstands that the doaument . .� .,.:_•
<br /> � � that the Borrower is ab4ut to execute is a Deed of Truet and not �
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<br /> i . � a mortgaga and that the power of sa�e provided for in the Deed oP 4 -- ��
<br /> Trust provides substiantially different rights and obligations to _Y-_:_
<br /> � the Borrower than a mortgaqe in the event of a default or breach ��ti, ���_-�—°�°
<br /> but not limited (' '����"
<br /> �, •.• ' of obli at3on under the Deed of Trust, including, �``}�~ '�'�"'�.w�y
<br /> . ' tos thegl�ender�s right to have the Property sold by the Trustee i�------�-`" -
<br /> ' � without any judicial proceeding. Barrower represents and �:"'='�='�-_=_
<br /> .• .r_.� �tl� ����vmr,•_•- _ - ..--
<br /> ����:��.�' . ,,:; warrants that this aaknowledqment was executed by it before �.he :.NtiNuj-:- �
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<br /> ����� � 1�i, execution of tlte Deed of Trust. � ��
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<br /> n �� D nald E. (Gene) Graves ,•:�s���
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<br /> �r'•' SECI�tITY AGRLF.I�IBNT • ';��.'''''.' ,'"''i),::
<br /> �'.r�` " CONSTRUCTTON G � ..'��l�..i;• :
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<br /> _ �:�,�i r DEED OF TRUST ,, _
<br /> ' ° Intendinq to create a Constructfon Security Interest in ' '' .
<br /> acaordance with the Nebraska Construati�n T�iPn Act, this DEEA OF
<br /> ,..; TR3)ST is made as of the 13th day of November, 1990, by and among , . °
<br /> ,:�,i�:' th� Trustor, Donald E. (Gene) Graves & Barbara A. Graves •;'�.�.��.
<br /> _ '�;',1:.�� whose mailinq address is 1711 South Stuhr Road, G�and Island, NE � ;��� '��
<br /> � + 68801 (herein "Borrower", whether one or more), the Trustee, � ''''';'t;;�;;'�
<br /> °.''.�.'� Aaron R. Baacl�, Attorney a�. Law, whose mailing address is P.O. •• �
<br /> " ,�,�;��•.; Box 790, Grand Island, NE 68802 (herin "Trustee") , and t�he
<br /> �
<br /> . ' t?:•�:��•. Beneficiary, THE OVERLAND NATIONA� BANK OF GRAND LSLAND, whose •
<br /> � � '�' '�� maniing address is 304 West Third Street, P.O. Box 1688, Grand
<br /> .��`� .,.,. . .�����������' Tsland, Nebraska 68802-1688 (herein "Lender") . � �, �
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<br /> '''-• FOR VALUABLE CCINSIDEItATION, including the indebtedness ; ',��
<br /> �.�;�,�r'�" 3c�entified herein and trust herein created for the purpose of �
<br /> � � �'' �����`�`t razking improvements to the real estate hereinafter described, the � �����
<br /> � '.,.�„��.� ,, � .
<br /> �:•:�i��,, .. .'�.�. receipt of which is hereby acknowledged, Borrower hereby
<br /> �.. .�„ ,,� ;�
<br /> irrevocably grants, transfers, conveys and assigns to Trustee, IN
<br /> �RUST, WITH POWER OF SALE, for the benefit and security of •
<br /> .'��Fi•' �nder, under and subject to the terms and conditions hereinafter ,
<br /> `,� . •�`;:,�;�� se� forth, the real properi��, d��cribed as follows: •
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