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<br /> ACKNOWLED�SM�ENT O�DEED OF�TRUST 9`'�� �Q�4�
<br /> - - ----- BORROWER R�AD THIS �E�ORE 8�(iNTNGs • ° -
<br /> ,;,
<br /> Horrower, whether one or more, understande thati tP�e doaument
<br /> �� that the Borrawer ia about to exacu�e is a Dded of Truat and not
<br /> _ t� a mor�gage and that the power af sale provided for in the Dee�f
<br /> y. � .n, Truat provides subs�antially di�ferent rights and obliqationa to ---
<br /> � u: .�f ,� the Borrower thaa a�mortgage in the event af a default or breach
<br /> � . . . r . .=:: , of obligatioa under the Deed of Trust, inaluding, but not limited
<br /> `������'• �'''�'�� to, the Lender's riqht to have the Property sold by the Truatee
<br /> f,.ot.,.
<br /> .. .. ,. ,1�:,.:.
<br /> ;�ti;"���{,;;•;,Y'�;: witt�out aay judia3al proceeding. Borrower represents and _—-
<br /> ;;;i;;;��'�';;;:Dt����� warrants that this aaknowledgement was exeauted by it before the
<br /> �a ''~ �� "� exeauti�on of the Deed of Trust.
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<br /> - :;�--_-!_-- �.._ e� �T1:�.�._
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<br /> 4 . o C. Enc � �•�',
<br /> �!y`� ,�•:�:c�#��:
<br /> .. ��;-•: '�:
<br /> Kel y A. Enck '
<br /> , "Borrower" ��'�
<br /> ' .,. .
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<br /> , ' CONSTRUCTION 3ECURITY AGREEMENT ' �
<br /> � _ `-- DEED OF �Ri3ST _
<br /> . . , .:
<br /> Intending to czeate a Construation Security Interest in
<br /> � �� `� acaordance with tihe Nebraska Construction Lien Act, this DEED OF �
<br /> � � TRUST is made as of �he 25th day �f March , 1994 , by and
<br /> among the Trustor, Todd C. Enck and Kallv A. Enck, Husband & Wife � Wh088
<br /> � mailing 8ddres8 �8 2315 West llth Street Grand Island NE 68803 '
<br /> (herein "Borrower", whet er one or more , t e Trustee,
<br /> � " Arend R. Baack , Attorney at Law, whose ma�ng
<br /> �� • a ress a P. A. Box 790 Grand Isiand NE 68802 (2ierein �
<br /> "Trustee"), and the Benef c ary, THE OVERLAND NATIONAL BANI( OF
<br /> GRAND I3LAND, whose mailing address is 304 West Third Street, „
<br /> " . P. O. Box 1688, Grand Island, Nebraska 68802-1688 (herein
<br /> ; "Lender") . ._
<br /> FOR VALUABLE CONSIDERATION, including the indebtedneas
<br /> � identified herein and trust herEin created for the purpose of .
<br /> making improvements ta the real estate hereinafter described, the ,.
<br /> � receipt of which is hereby acknowledged, Borrower hereby
<br /> � � irrEVOCably grants, transfers, conveys and assigns to Trus�ee, IN
<br /> TRUST, WITFI POWElt OF SALE, for the benefit and securitiy of
<br /> Lender, under and subject to the terms and conditions hereinafter ;;
<br /> set forth, the real property, described as foll.ows:
<br /> Lot Fnur (4), Colonial Estates Ninth Subdivision to
<br /> � the City of Grand Island, Hall County� Nebraska.
<br /> _
<br /> . Together with all buildinqs, improvements, fixtures, i
<br /> streets, alleys, passageways, easementis, rights, privileges and (
<br /> ���` appurtenances located thereon or in anywise pertaining thereto, ,
<br /> «a a.i... .,4�. e.�.,ve nr,A nrr�f�4�e . rnvot���nha anA ramaine�arsa
<br /> .
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<br /> thereof, and such personal property that is attached to the
<br /> � improvements so a� to conRtitute a £ixtuxe, includinq, but not
<br /> � � limited to, heating and cooling equipmentt and together witih the
<br /> � homoatead or marital interests, if any, which i.nteres�s are .
<br /> ` hereby released and waivedf a11. of which, includinq replaceme nts
<br /> � +.. and additions thereto, is hereby declared to be a part of the
<br /> ' �,, real eetate secured by the lien of this Deed of Trust and all of
<br /> � the forego3ng being referred to hereiri as the "Property".
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