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<br /> � "�' CONSTRUCTION SECURITY AGREEM�NT
<br /> � � ��' � « ACKN WI,EDGEMENT OF DEED OF TRU3T _
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<br /> � .:�;•;,,�_- __ � �.' BORROWER READ THIS BEFORB SIGNIN(i: L== � _=�-�-`
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<br /> � � � � ° Borrower, whether Qne ox more, understands that Che document '__- '
<br /> � ' that �he Borrower is about to exeaute is a Deed of Trust and not �-----___ _..��,�
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<br /> � a mortgage and that �he power of sale provided for in the Deec�og ��,.� ,-.,;�;!r.��.�;x;��
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<br /> � �,�. � Trust provides suba�an�ially different rights a»d obligations to �'���f:��.: ;�,��;,�
<br /> ". � the Borrower than a mor�qage in the event o£ a default or breach �°'� '-•�" • �
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<br /> � of obligation under �he Deed oP Truet, includinq, but not limited �L.1'�,,.•,�).�,��k.• �/�Ay,� �
<br /> . to, the Lender' s righ� to have �he Property sold by the Trustee �''�,�.;r,��:, ;,:-;��{4:..'�;%;:.;,
<br /> ' " ` wftl�out any judicia�. proceedinq. Borrower represents and � ` �• ' ';�F,'��;;_, �
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<br /> warranta that this acknowledgement was executed by it before the .«. �•--
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<br /> Esxecution of the Deed of Tru�st. '"`'�°°
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<br />,.. Alice M. " . '��,;.�,. -x;=
<br />,�.�,.' � . ' ' . "eorrower" � �,y �' •.�.
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<br /> CON3TRUCTION SECURITY AGREEMENT p �i•?� '' :}�
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<br /> �`. .,_—-- DEED OF TRU5T Q..;;• . . '.ti.��F?:.,�,.;
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<br /> � :•'r' � � � . IIntendinq to create a Constr�a�tion Security Interest in . " '���-�_
<br /> � ���:;��„ accordance with the Nebraska Constru��tion Lien Act, this DEED OF '���'��
<br /> � .
<br /> � �„':':'; ��`i TRUST is mar�� as of the 9th day e�f Anril � � �) , ��'
<br /> ' �n,.,,�,�. 19 1 . bwhose ��;�
<br /> amonq the Txustor, Dann Ouick S c�lice M Quick husband 6 wife 1,';, �� t•���
<br /> ' �� ����� mailinq address is ^ „ g d NE �:
<br /> � ' (herei�a "�orrawer", �+�� ether one o�r rnore , the Trustee, ���
<br /> � . � ',; , R. Baack , Attorney at Law, whose ma�lin9 �
<br /> �� Box 7 4 Grr�nd Island NE 68802 (herein ,,.�'
<br /> a dress s P.O. 9 � ,x�
<br /> � ' " "Trustee") , anci t�,e Hene ac�.ary, HE OVERLAND NATIONAL HANK OF , .
<br /> � � ��� GRAND ISLAND, whose mailing address i� 304 West Third S�re��, �..,. �
<br /> � " P. O. Box 1688, ��and islan8, Ne�aaska 68802-1688 (herein • �� '--,
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<br /> ������ • FOR VA1GVABLE CONSIDERA3'ION, i.ncluding the indebtedness ., _
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<br /> � identified herein and trust herein created for the purpose of .��;,,.,,:" ' , ";'i?,;,•;i;;,;
<br /> �;:.
<br /> ' making improvements �o the real estate hereinafter described, the �_°fri`;,;';,,;
<br /> . � receipt of which is hereby acknowledqed, Borrower hereby ':�}r�.;
<br /> irrevocably grants, transfers, convpys and assigns to Trustee, IN ��.
<br /> � ��`� TRUST, WITH POWER OF SALE, for the benefit and security �f '
<br /> �,�i:,.;y;, ;.
<br /> ti��,; �, Lender, under and subject �o the terms and conditions hereinaftier ;�
<br /> ;��;"': set forth, the real property, described as follows: ,
<br /> . ,;�,�: ��;�'.' .
<br /> Lct One (1), Block Two (2) . Colonial Estates 6th Subdivision
<br /> t''.'•,''� • ``•;;S c� the City of Grand Island, Hall Countv. Nebraska , '
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<br />; Together with alI buildings, improvements, fixtures,
<br /> streets, al?.eys, passaqeways, easements, rights, privileges and
<br /> appurtenances located therean or in anywise pertaining thereto,
<br />. . . . . ..a._ .,A „c:.-n .-ovura�.,nc and remainders
<br />� - .... d11U L��c i�i�i.o� 1JJY<J .'..... �.:.....�..• --'-----"— "--_ .
<br /> thereof, and such personal property that fs attached to the
<br /> improvements so as to constitute a fixtenre, includinq, but not
<br /> � limited to, heating and cooling equipmentt aiid together with the
<br /> homestead or marital �nterests, if any, which interests are
<br /> , hereby released and wafved; all of which, includinq repl��ements
<br /> and additions thereta, is F►ereby declared to be a part of thc
<br /> real estate ser.ured by the lien o£ this Deed of Trust and all of
<br /> i the foreqoinq beinq referred to herein as the "Property".
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