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<br /> -=�,�.::�.a-;��� � CCNSTRUC'1�YUAl SECURITY AGRL�F•t7IiNT _ - -
<br /> �.,,t• G �.,.-�.;,A ACKNOWLEDGEr�N OF DE�D OF TR_q_3T
<br /> .���x;'
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<br /> �" BORROT�R READ TAIS HEFORE 5IC3NINGs —=�_
<br /> ��`
<br /> Borrowar, whether one or more, understands that tihe dccumettt ��-� -
<br /> � that the Borrower is about �o execute ie a Deed of Trust anS not �'�°��_-
<br /> ._ r�V.�'N`c:=,
<br /> .. a t[eortqage and thati the power of sale provided for in the Deec�of -�±���.;�'.:_.— _ _
<br /> � Trtts� psovides subs�antially dif�ex�n� righta and obligat�.or�s to :::.t:��
<br /> �he Borro�ex than a mortgag� iaa �h� event of a defaul.t or bs�a�h i`'==
<br /> �:;i.�:.': .rt a 1,�'__°-'
<br /> of obliga��.a�n �amder the Deed o� �xus�, inclmdi�aq, but not l���d r���_ _..
<br /> �t_.;�. .
<br /> ,..`.',� . to, the LendesQ s ria�ht to hav� �d►� �s�per�}p sald by the Txu���Qe �e_�'i�:fx�:�:-
<br /> :�;,t., �, "� ,as.��,-
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<br /> �� � � �, : without any judiei�l. proce�d�.a�g. ��rroweg represea�ts ama'9 -
<br /> � ` ��E� ��� warran�s tl�at this acknoc,rL�dgement was executed by �Lt b�f�r� the y��^�,..
<br /> :r� . �r��
<br /> ;' •;;�.'�r-i�.�r"'�� execution of the Deed of Tx�n��• . . R h"'
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<br /> '':i:� onda J. Vi, he �i'i�` J `"•'�;'
<br /> : �
<br /> « "Boxrower" . �`f, .,�-
<br /> , .. .. '�'M����ry(�'�_
<br /> `:,:___._ .___.__ c.o1vSTRUCTY�N SECURZTY AGAEEMENT •�'�' ~
<br /> �•:�---_-- DEIED OF TRUST -_ , 4F��- .
<br />' ��T a')'!{;; I..
<br /> Intendinq to c
<br /> reate a Construction Security Ynterest in .,���:,,;
<br /> accordance with the Nebraska Construc�ion Lien Act, �his DE�D �F , y�,•�.
<br /> � ''�� TRUST is made as of the Sth day of April , 19 94 , by and :;���4.'',;; :�;,,�, .':' !�
<br /> . � �,�y'':�:..�:�''.,. ,::;"t��i''
<br /> among the Tx'ustor, Dwight B. Viehe 6 Rhonda J. Viehe, Husbaud &Wif whose ' ,.; i"
<br /> m8iling addz'ess is 2540 North North Road Grand Island NE 68803 "�'�� � '}-i��� '
<br /> � :�.;..� . '.rf��r••� ..
<br /> � (herein "BOrrower", whether one or more , the Trustee, , .,
<br /> Arend R. Baack , Attorney at Law, whose ma37.�ng -
<br /> � j a dress s P. O. Box 790 GrAnd Isiand NE 68802 i�erein �
<br /> "Trustee") , and the Benef3ciary, THE OVERLAND NATIONAL BANIIe OF ! �. . ;;'J�
<br /> GRAND IS�AND, whose mailing address is 304 West Thfrd Stre�t, ! � ''' �� ''
<br /> P. 0. Box 1688, Grand Island, Ne�raska 68802-1688 (herein � . ��,:{�
<br /> "Lender")• , ;i:�`r� `
<br /> ,,.
<br /> . ��F:.i
<br /> ��(�•'..S .
<br /> ` �;., FOR V�:t�UABLE CONSIDERd�TION, includincJ the indebtedness ,.;
<br /> • identified herein and trust herein created for the parpose of ��"�,��
<br /> making improvements to the real estate hereinafter described, the � • _
<br /> receipt of which is hereby acknowledged, Borrowes hereby ; ,;,...
<br /> irzevocabiy granL�, Lidia5i2i�� :.on.•eys ar.� as�i�na �r, Triistee. IN ,;�:� �•� , -
<br /> TRUST, WITH POWER OF SALE, for the benefit and security of . '�'��`�.`"�.
<br /> Lender, under and subject to the terms and condi�ions her�iauafter
<br /> set forth, the real property, described as follows: �
<br /> Lot Nine (9), Ross Hetghts Subdivision to the City •
<br /> of Grand Island, Hall County, Nebraska , ;,
<br /> , '' ,
<br /> �t. . .,.
<br /> ,
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<br /> Together with aIl bui3.dings, improvements, fixt�nres, ; ,
<br /> � streets, alleys, passageways, easements, raqhts, privileges and
<br /> :� ampurtenances loca�ted thereon or i.n anywise pertaining thereto,
<br /> _ ,_
<br /> arnd the r�nts, issues and protit�, reversions and rematiicici�
<br /> �hereof, and such personal property tha� is attached to the
<br /> i.improv�anemts so as to constitute a fixtinre, including, but not
<br /> l�enited to, heating and coolinq equipmen�t; and toqether with the
<br /> homestead or marital interests, i£ any, which im�erests are
<br /> hereby released and waived; all of which, includi�ng replacements
<br /> i and additions thereto, is hereby declared to be a part of th�
<br /> � real estate secured by t�te ].ien of this Deed of Trust and �1Z of
<br /> � the foreqoing being refer.r�d to herein as the "Property'�.
<br /> . �
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