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<br /> � Construction Security Agreement °'"
<br /> DEED OF TRUST WITH FUTURE ADVANC�S o
<br /> THIS DEED OF TRUST,is made as of the 23rd day of Apri 1 ,�g 99 , p
<br /> byandamongtheTrustor, Leonard M Buresh and Patricia A Buresh, Husband and Wife ,
<br /> whose mailing address is 4305 Lariat Lane Grand Isl and NE 68803
<br /> (herein"Trustor",whether one or more),the Trustee, �NEST GATE BANK ,
<br /> whose mailing address is 1204 West `O' St., Lincoln, Nebraska 68528
<br /> (herein"Trustee"),and the Beneficiary, WEST GATE BANK
<br /> whose mailing addrss is 1204 West `O' St., LInCOItI, Nebraska 68528 �herein"Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit indentified
<br /> hereinto Leonard M Buresh and Patricia A Buresh
<br /> (herein "Borrower",whether one or more)and the trust herein created,the receipt of which is hereby acknowledged,Trustor
<br /> hereby irrevocably grants,transfers,conveys and assigns to Trustee, IN TRUST,WITH POWER OF SALE,for the benefit and
<br /> securiry of Lender,under and subject to the terms and conditions hereinafter set forth,the real property,described as follows:
<br /> Lot Twelye (12) , in Western Heights Subdivision, Hall County, Nebraska
<br /> Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br /> appurtenances located thereon or in anywise pertaining thereto,and the rents,issues and profits,reversions and remainders
<br /> thereof, and such personal property that is attached to the improvements so as to constitute a fixture, including, but not
<br /> limited to, heating and cooling equipment; and together with the homestead or marital interests, if any, which interests are
<br /> hereby released and waived;all of which,including replacements and additions thereto,is hereby declared to be a part of the
<br /> real estate secured by the lien of this Deed of Trust and all of the foregoing being referred to herein as the "Property".
<br /> This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by a promissory note or
<br /> credit agreement dated Apri,l 23, 1999
<br /> ,
<br /> having a maturity date of pCtpael^ 28, 1�99
<br /> ,
<br /> in the original principal amount of$ 168,OOQ.00 ,and any and all modifications,
<br /> extensions and renewals thereof or thereto and any and all future advances and readvances to Borrowe�(or any of them if
<br /> more than one)hereunder pursuant to one or more promissory notes or credit agreements(herein called"Note");(b)the pay-
<br /> ment of other sums advanced by Lender to protect the security of the Note; (c)the performance of all covenants and agree-
<br /> ments of Trustor set forth herein; and (d)all present and future indebtedness and obligations of Borrower(or any of them if
<br /> more than one)to Lender whether direct,indirect, absolute orcontingent and whether arising by note,guaranty,overdraft or
<br /> otherwise.The Note,this Deed of Trust and any and all other documents that secure the Note or otherwise executed in con-
<br /> nection therewith,including without limitation guarantees,security agreements and assignments of leases and rents,shall be
<br /> referred to herein as the "Loan Instruments".
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