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<br /> � � = . ' . � .40l1STR�TCTIOl1 SECURITY AGRE� . ' . ' � .
<br /> . � �� O� OlR ST - �. . �.
<br /> , . . , . � . ,
<br /> ' ,- aORAC11!!g AEaQ.,TBI$ H8�'03tE $ZGAINGs _ , � • � `_ .
<br /> � ` Borswrex, Whether one ar awre, nnderstands �hst thc docwrent
<br /> ' th�tt the H+orrpwer ia about to exe�te i� a Deed nf �rust atx3 not
<br /> a xortqaqs and that tbe po�rer of sale provided for in tbe.De�f
<br /> � Trust �provides eubstax}tiai2p. different rights and obliqations to
<br /> � �e eorrower thau a a�ar�gage in the event af a d�fault or breach
<br /> � �o� obligation nuder �he;37� ef Trust, i.ncludiaq, but nat I3.w�ted
<br /> to, the Lende�c'.s riqbt�:�a �tave �he Paaper�y sold by the Tsus�es
<br /> �rithout ainy judicial� .groceedinq. SorroFter � represents and �
<br /> -- �earrants that 'ttYis aCknowledge�aent Was executed by it before th� �
<br /> - execntiaa o� the Oeed of Tru�st. � .
<br /> _ . . ; . .
<br /> '� ' �. � • 1Cevin s _ .
<br /> __. . _-� .
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<br />-':'c, �_ -- e r.evi.s � ��
<br /> . . . . _ . . : . _ .._ . ,. � � � »�� ower" . . --�Y
<br /> ' � . ���±�rv
<br /> , . . . , �'_
<br /> ` ����1�= CONSTRUCTION SSCCTRITY AGREEMENT ��y'
<br />. . _�:i.:.�"..J4.'1�� f
<br /> +y�;-;�- � DSED OP TR ST • .�,,
<br /> , ,"fi.x 4 n ����?•:�
<br /> ��"Y��' ' - . �y�,�
<br /> �. ,�S�s' Intending to create a Conetruction Security Interest in
<br /> Y � r. l} 'L 1 �I ' ,
<br /> ;?� �"-.,,;.},t��,., .: accordance with thQ;.t�ebra�ka Con$�rutc�ion Lien Act, thia DEED OF . _ ` M"_ _
<br /> +�. ' -�' �,14: TRUS'� is made as of the 7th:•-, d�Y-:o£,� J��� , 19 .94 , by and �� .
<br /> -- ~;i.'-.. . � •, " among the' �rustor, Kevia bevis and La�fmane.Lewis, Husbaad b iii.fe , whose £ .; , �.
<br /> �':.::�',,s;,;.,. . •,,.f�a�
<br /> _ �'`;;s;���}.; y ..;:t3'�.'.;,, •. , mailing aSdrea� is Bos 2i8 .�oni hsa .NE 68832 •
<br /> � W��7��j� (herein "Borrower",. whet er one or.�more , e Trustee, (
<br /> J,i.''.'i,'` �• �. .. , ,
<br /> � - � :�� ''�'sf�:;3;; Asend R. Baack . Atto�ney at Law, whose m�� .-
<br /> �. �` -,;;;��;�:,r�`° 0. Box 790, (iraa island, NE 68802 �herein �._� .. ._
<br />'.'. :: �,:.•.,•:.<;`,. . „3�� a ress a P. �
<br />. . =s,.>.':;. ..,,_.;., wTrustee"1. and the Bene . �rY, THE OVERLAND NATIONAL BIlNR OF }.� , ,
<br /> �' '+�''?"`���` ' �."�r<< GRAND ISI,AND whose mail�ng' a8dress ie 304 West Third Street, E
<br /> . �E`%`�:"�: . ''�,tr�!;';, � � ' t� . .
<br /> ;• � ,",���:�:+��; P. O. Hox 1688� Grand Island, Nebraska 68802-1688 (herein f��
<br />� . •I�-�� ..r.:jl'k>;::�:i � • � �I,ender") . , �� - . � . - . � . � .�- --- .=• -
<br /> ' . . . �/�r��''�'% . .. . � . . .
<br />. , . . .. _.. .. _ ..;:,.�'.'��!� � ,, . . . • . .
<br /> %..� � � ��'°��� ' FOR VALUAHLE CONSID�RATION� 'includinq the indebtedneas �:' '� �
<br /> �•r � identified herein an� trust_ herein created. for the purpose of �P�,i�"�
<br /> ���',"', makinq improvemen�s to tlie real estate hereinaiter described, the .
<br /> � �� �Y ��- �:'�;�;`.�`� � receipt of which is hereby acknowledged, eorrower hereby � �
<br /> ''���'`' ''-.���. irrevocably qran�s, trat�sEera, conveys and assigns to .Trustee, IN . � � � �
<br /> .._ :-..r.�r,.� .,.. ,.., :�
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<br /> �t'.'���'� TRUST, WITU POWEI�" OF;. SALB; for the benefit and security of ,
<br /> ,.�,;.>:{. . �., ,
<br /> �''�`�t°`�� Lender, unde� and sub ect �o the terma and conaitions hereinafter �
<br /> <�:::�f: .. 3. "�:'
<br /> � �' set forth, �he real��property, described as foliows: : �_'�-�� � �
<br /> �n., '���!:,;�s �sA trac!ot Ian�ev{+rlsina a pert o! th�iteet Bsil o! tM Norcfies�t puarbr(Y�NE11 ,'
<br /> ., ' ,,-.;.„ ot SeeNon�4. tavnsM1ip l0 Nnrtb. Rnnae f Me�t oi the 6tb f.X.•Hall Couety.NebraekL. ,
<br />;!�:,: - :�.- ..t,�.,, aatd traat b�lolt"�oee pa:tieuferly d�eeHbed as follcne�s , , '
<br /> � • Yteb r�l�renee to the Northvest eerner o! antd Ntet Ha1f of the Nerefiees[•Quartet� ,
<br /> r�,. 1��, . . ,(YIMEjIi thenee mm�in6 on�n es+u�ed beat!+ryE o! N 90•00' 00•E on the Noteb ltn� . t . .
<br /> et �afA Mert Hal[ of the Marehris� Qvetar (Y NE�) for a Ai�tnnee ot IE0.00 t�Rt '
<br /> tn th�actusl PO1Ni 0► OECftttllN": tNene�cont�eufnR N 90'Ofl"L on,tl�s Nerth lles
<br /> = • ' o[ nald Me�t 11s1f ot eha Norchesec quert�r (Y�NG�) tor Il 6. M1 fee� te�h�Metth-
<br />-7�• • . . .;.�;-,; � met eorn�r o� satd Wec ital[ ot the RortAeau awrter (Y�MY.�)t thaeca A SS� 11' • • � .
<br /> . ; _'r�.•.,;����;;,. �Y'Y for 760.7t tr�t thena 8 00' bl' 411"�toi�a dMetance of 76�.�3(eet� th�ncs
<br /> _- s,----.- '' .; ,',;;.,.,.: . .. . S �1• 16• �3°Y/or ��I.13 f�eti eh�ae�M QO �� 36 C!er 621.E0 1eet� theac�N It'
<br /> : ;{�}.. . O6 IO"Y[or 61f.i2 (�st= tA�ec�N OD 00 00"E !oe 2�9.00[est to tM MtiR 0/
<br /> t •;�� ' . �LlilllNlNQ. . • , .
<br /> Toqethe� with. all builclinqs, improvemen�e, fixture�, i.:�., �
<br /> -� � .I � , strests, alleys, passageways, easemente, rights, privi].eqes and �� •
<br /> _ �� . ' agpurtenances loCatesi thereon or 3» anywi$e pertiaining theretv.
<br /> -� and the rentis, issues and profita, reversions and remainders
<br /> �:: ���_�_ ; _ � �_ • thereof, and such persona2 propertiy �hat ig a�ta�hed to the .
<br /> . � . . - improvements so as �o con�titute a fixture, including, but not .
<br /> �- �----. -- � - limited to. heating and coolinq equipmentl and togethex with the ,
<br /> � , � homesteac7 or marital interests, if any, which i.nterests are . :
<br /> � � � • , � hereby release8 and waived= all of whiah, inclu8ing replacements
<br /> ;� • and �dditions �hereto, ia hereby declaresl to be a part of the
<br /> ' real estate secured by the lien a£ th3s Deed of Trust and all of
<br /> � � the foregoing beiaq referred to hesein as.tihe "Pxcperty". ' �
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