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<br /> S�COl�D DSSD Of Z'itIIBT ��� '��1�3
<br /> �_��� THI3 9ECOND DEED OF TRU3T, made this ,,�� day of February,
<br /> ��.;.�:,.�t;�;'�"�;';� by and amang WHEELER FLAT3, L.L.C. , a Colorado 1 imited
<br /> _ ____ 1994, Y p whose mailing addreas ia 5310 Ward Road, Sufta � .
<br /> �..��� liabilit com any,
<br /> ���'°'�''4°,�,,_�� �-p7, Arvada, CQlorada, 80002-1829 (herein "Trustor," whether one
<br /> .'��`—'-���::::;;�:..y�,7eM
<br /> or more) , TRW TITLE IN3URANCE COMPANY, whose mailing addreas ie
<br /> - 6800 College Boulevard, Suite 700, Ov�rland Park, Kansas, 66211
<br /> ����;,;�;�f!,i� (herein "Truatee, " whether one or more) , and VADARON INVESTMENTS, — _
<br /> .�.,.n::��..s�,,.�.�_ ---
<br /> :�,�.,�.,.,�-�s;Tr., INC. , whoee mailing addresa is 321 Weat Second Street, C3ran _
<br /> ��;,�`;�:�;:+'�� ielaxid, Nebraska, 68801 therein "Benef iciary," whether one or
<br /> more) . _
<br /> "°�'"a"�'r'°° FOR VALUABLE CONSIDERATION, Trustor irrevocably grante, --
<br /> -- '��'�a�:M,;� 4'� transfers, conveys and assigns to Trustee, IN TRU3T, WITH POWER OF
<br /> •w� t '�-•�Wy SALE, for the benefit and aecurity of Bene£iciary, under and
<br /> `u;�.�,:,'" �....� :'..'�
<br /> •- :- .� subj ectnt deacribed realdproperty�nlocat d iin arand Iel nd, � Hall �tLz
<br /> ' followi g
<br /> � ' County, Nebraska:
<br /> �,'
<br /> �� .•: '� .. Lot s One (1) , Two (2) , Three (3) , Four (4), .:,,�
<br /> • • • Five (5) and East One Half (c.�4) of Lot Seven _
<br /> ' (7) and all oE Lots Eight (8) , Nine (9) and
<br /> Ten (10) , all in Block Eleven (1�) , in Bakex�'s
<br /> � Addition to the City of Grand Ieland, Hall �. ��
<br /> „ �� "� ' ' County, Nebraska and all that portion of the ��Y:.
<br /> vacated alley in B1ock Eleven (11) Baker's _-
<br /> �Addition abutting said above described lota. -
<br /> TOGETHER WITH all rents, profits, royalties, income and ather �•-�
<br /> benefits derived from the rea1. property; all leases or subleases _,_
<br /> � � covering the real property or any portion thereof, now or hereafter �i_
<br /> �..�
<br /> ' existing or entered into, and all right, title and inte both in
<br /> Trustor thereunder; all interests, estate or other clairns, �'-^
<br /> - '` + law and in equity, which Trustor now has or may hereafter acquire
<br /> �r in the real property; all easements, rights-of-way, tenements,
<br /> P'� ; �
<br /> hereditaments and appurtenancea thereof and thereto; all oil and
<br /> �} gas rights and profits, water rights and water stock; a7.1 right,
<br /> title and interest of Truator, naw owned or hereafter acquired, in
<br /> � and to any land lying within the right-of-way of any street or �
<br /> highway ad3oining the real property; any and all baildings,
<br /> � fixtures, improvements, and appurtenancea now or hereafter erected
<br /> ' � thereon or belonging thereto (herein referred to as "Irnprovement" ,
<br /> or "Improvements") , and any and all awards made for the taking by
<br /> eminent domain, or by any proeeeding or purchase in liAllt of ethe
<br /> � of the whole or any part of the real property.
<br /> � ,. foregoing estate, property and interest conveyed to Trustee herein
<br /> ' „ collectively referred to as the "Property."
<br /> r
<br /> R � F012 THE PURPOSE OF SECURING:
<br /> 'p (a) The payment of indebtedness evidenced by Trustor's note
<br /> ; � ` � of even date herewith in the principal sum of Two Hundred Twenty
<br /> � I Thousand Dollars ($220, 000 .00) , together with interest at the rate
<br /> or rates provided therein, or the principal and interest on any
<br /> � future advances evidenced by promissory notes staCing they are
<br /> ' secured hereby (herein "Note" or "Notes") , and any and all
<br /> � renewals, modifications and extensions of such Note, both principal
<br /> � � and interest on the Note being payable in accordance with the terms
<br /> set forth therein, reference to which is hereby made.
<br /> ; _ � __ � (b) The performance of each agreement and covenant of Trustor
<br /> " -� --- herein contain�d; and
<br /> . . �. (c) The payment of any sums or sums of money witYi intereat
<br /> ;: " l thereon which may be hereaY:ter paid or advanced under the terms of
<br /> � this Deed of Trust.
<br /> � �.. i
<br /> iA. TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR
<br /> �
<br /> � ' HEREBY COVENANTS AND AGRE�S AS FOLLOWS:
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