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...�.--,_ _ _ <br /> =��r�.`P.�'r`�.`,.�'.�. - _--..�4; "��=y-i�,;�' - - — - -- - -... -- . . _ . ...._ _. �. <br /> . . . � �_' ;�:. . _ <br /> , , . <br /> � _ - <br /> ._ , ., , � <br /> ' ; -- - - - -- --�- ;�'��; . �- - � . . _. �._�._ y, -_ .,_: <br /> ..i . � --- , ` � � . <br /> .����r1e� , • .• •,` . • _. . . . <br /> .`_ _ �` ., t . . . �, <br /> �l ` . . � . � _ . . <br /> ��. � CONSTRUCTION SECUR3TY AGREEME�iT <br /> �-� � � ' ` ` � ACFQdOWLED�NT OF DEED Ol� TRIIST _ <br /> `���s �- � , � --- <br /> - _-:�' HORItOWB� ItEA1D THIS .BEPORS SIGNIDIG: gl� 10���� --°_`- �__ �__. <br /> - �_____ <br /> Horro`res`��r�c�.ther one or mose .nnderstand�.-��3ia:�::':�.�.��3ccutae�s-�: . "H..�'�" --- <br /> r � .„�...�:,—. <br /> . - that the Bortag��',�.s about to.e�cnte is a De,�c�:-ci� .����?i3.:�a�ci�`.::" �;,:��___- <br /> � a mortgaqe aad`�� the power o�:`sale pzovfded.:£xi�. �;;�'��3eeiT a� ,` s�-.�- <br /> ��:�------ <br /> _ Trnst p�ovides substanti.ally dilFferent rf4hts'aai���olslig�#ions to �..ry�=u <br /> • �. � ' the gorrc,wer thaa a mortqage irs. the event o€ a default or breach. -��-_- <br /> th " .:� <br />- �- x= of ob3.igat�on under Y.Iie Deed of Trust, inclucifng, bnt not limited� � _;-.• <br /> �� to, the Lender•s riqht to have•the Fraperty sold by the Trustee r ��'-��M <br /> =�::.. � ��:�, <br /> � �:� ; withont any juclicial proceedinq. B4srower repsesents and - �, _ <br /> � , - ,�:� warrants that this acknowledgemsnt was executed by it befare the �,..�?_V,;- � <br /> � '�"�'� executi,on o€ the Deed of Trnst.. �-��;'�'�`1�%��_� <br /> �i==�:_�: , � � . f`. - . :.�� <br /> � a t' ��.. ����"��,"� - <br /> . _. � ' .:.,; <br /> a` �_#_,-- <br /> _ ,� , ea C. StahoP `- . . ,- - <br /> . , `t. ;i . . �t E � �a�,�:��- <br /> , .. .. �_. . Nane e S. B3s&oF `•". ..... .. ,:.;__: <br /> "Borrower" ��-: �- <br /> ,.`• _ , �.r <br /> . � - � ��' <br /> . ,f� . <br /> .�' , s,li-� c <br /> . .e�. ,�f„: • : . <br /> '�� CONSTRQCTION SECURITY AG1tEEMEN2' z} � <br /> . _.�,� ' DSED�, F TRIIST � �r�'.{ „`�,�� <br /> �,,,:,.�,i'' . -- ��y;f��dJY;�_.s�<�:�„'.-.o-.: <br />� .i . � _�. � . ,.:.i:.���iiy�,�i��i`:`.'��. <br /> ''�,, Intending �o create a Construction Secv�.r�ig �aterest in }:,•;,;�-:���: t,_;_—.. <br /> DEED OF �;..�.r ��.�,-.�. <br /> � � �:>�-�� accosciance witfc:the Nebraska Constrnctioa. Lieir A�'�, th�s d .�;;� �,r i�;��;',.z..�•_� <br /> ' •,' � TRUST is made ��of the 22nd� day of. oataber , 19 91 . bY � ��`;� , ' � �`�``�`- <br /> , 7.:,,�;:�r;� . �.;" ;��::�I�y'`:�r:.Li�':��. <br /> • ;� '`:�;t`;E,�:;"' 1moAq the Trusf��� Jamea C. and•PTannelle S. Bisho 3�band b ife r w�ose 4�:� .t�'?�-� ,•.,€.f <br /> ` `'�'� ntafling addres5' is 322 E.lOt��St. Grand Islaad ��raska 68801 ��'"�F' 6: <br /> 't.y�z�;�;c „ . @ YIISt@e � <br /> .,,: �°`° • ein "Borrower^, whether� one os more), th � Arend R. �< • . <br /> �%,;t�,.���,; Baack ,. Attorney �t La�w, whose ma�l�- ;'' � .�%;,, <br /> +„` �';��f4i�,�.. �_' '�t,, <br /> _:,r• . �. . <br /> �7�� ''�' �'�1t;`�'�'�; a dress s P.O. Box 790, Grand Zsla� NE 68�QZ . <br /> ` (herein i;., .:., . . <br /> . ��'}��t�.""�`�:;'' . "�rustee") , a�d. the Heneflczary THE Q11ERL�� �JATIONAL BANR OF � ',�� .:� � , <br /> e a�,��.<°f.• . ,,;("f,:�j ;,r�,y :s,� <br /> ``�:�;:,�;; � � Ti� t Third Street �'•;�:� ' ." <br /> , GRAND IS?aANIIa ��:,..,! ''`_` <br /> : ? �cfi�ose maflinq address i.s 30� � . f�.�,±;.:�;�.,.,;�,�„ � ,_ <br /> .�:�. '; P. 0. Box 16g�; Grand Island:. Nebraska f3���-1688 lherein r :,�,;<< ,:.,,�.;<� <br /> � � ry �..,;,,''�!�:.�ii'�r`.f.;�: ��:;'i�;;,'re. <br /> i t. � . <br /> . . :�.,�.: _. Lende� �• . �.�_ ,�::;.';;;'_. �ir��;;:, <br /> -i:f�;;�.�� :: <br /> , •.j �,{.. :;,� . 1:: <br /> ,,�.,,.,.;. . •�•�:.� <br /> ,r��,1,.;:• F�R VALLT�s3LE CONSIDBRPr��GI�!�, inc�udbn� �.�� indebtednes� �,. ;;'`,,'.�' <br /> ,`�.,�..;. <br />. ., °:i'rt;,.'-+'.'' ident�.€i.�� herain and trust ���resn crea�ed Ea� the pnrpose of , . <br /> ,:�-, , : ��� :r. <br /> ,; ::� �� ,�' makinQ i�r_��ovements to the real estat� �erefnafter described, the ; <br /> ;:,'�.:� -� ' ` � � recei�st� af which is hereby. acknowle�g�d, Barrower hereby : . <br /> :��„ ,�:.i.,, . .-a� ' <br /> � , �����•_•� , ixreviceably g�r�nts, tranafers,.conveys and aa,.bgns to Trustee, IN i �..,r, _, <br /> ' � `'{`'r`''''='. � �RUST, WITH :r{i��ER OF SALS, £or �he benefit a� seenriS:y of <br /> . t,;?.:..,. , . <br /> � . , ;�;,r;,�� . , ', <br /> . . . Lender, under anc� subject to the terms and cand�tions hereinafter �. •.:',;�:,;� <br /> � �',�:�: , . <br /> ���� � ' set forth, the real property, described as fal�ows: ' - �� . <br /> , <br /> �I � ' ' The East Thirtv-One (31) Feet of Lot Elevea C'_1) and_all � � <br /> '`�"'•" of Lo� Twelve 12 in �rock Three 3 ias PaTkhil . ' <br /> '�' • Subdivision, an Addition to the C�.tv of Grand Island. ' � .• <br /> �,:� • <br /> �:,: • <br /> � Hall County. Nebra�ku. - .. . <br /> � ' .' Z . <br /> � <br /> • � � . Together with all buildinqs, improvements, fi.xtures, � <br /> �. streeta, alleys, passageways, easementa, riqhts, pri.vileges and <br /> � appnrtenareces located �hereoa or in anywise perteining thara��, <br /> � ana the rents, f.saues and� pro£f�s, reversions an8 remeiac]ara <br /> . � � thereof, and such personal� property that is attached t� the : <br /> � improvements so as to cone�3tute a fixture, inoluciing. I�tat nvt <br /> ' . limi.ted to, heating ana cooling equipmentt and toge�her wit:y:the <br /> � . ` homes�ead or marital interes�s, if any, which in�erasts are <br /> ; hereby released ana waived; all of which, including replgCements <br /> • ' ' � and adclitions thereto, is h�reby declared �o be a p�rt af� the ;;;.:;;::. <br /> real estatie secuzed by the lien of this �eed Qi T�cust� an� aal of ; '�. ��-�.: _ <br /> � --�—�-- � 3 � <br /> -.-_�_:--._::�_�__�._���:��_-._:::�:-t the £oreqoing beinq stefe�ed 'ta here�s: �s t�'1� .'°i�ro�ertg..K. - __ ._.- - . .._ <br /> , <br /> . � , <br /> j �2� s <br /> , � � • . . ' �. ,_ <br /> � _ ---- <br />