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<br /> t!HliEDHE�RA�CABANK.�3AAI�1�YSt,AND , ... . .- . . "_
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<br /> ' ' SENfD TAX NOTICES TO: ' ."�•�'-=��-
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<br /> �. , RAYN[OHDR BADS7�1 aoa CAROUNE G BADSTEEN � . . � _ 'i:. _, vf.��-�:�'
<br /> � . � • d09 W/37N SiRFfT ' � `y� �{9�;� P�` u-_
<br /> . , GRAHD ISLAHD.NE 8ea01 gPACE ABOVE 7L'��[S IFDR AECOEiDEA'S U�E 0(�Y �s< �,�, --
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<br /> THIS DEED OF TRUST 15 A CONSiRUCiION SECURi7Y AGREEMENi • �� � ��
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<br /> . �� ' • Wi1MfN THE MEANTNG OF TM�NEBRIISKA CONSTRUCPION LIEN ACT ,•,,'. ' •
<br /> TF![� �EED OF '1'RIJST IS DATED N01tEMBER 9, 1994, among RAYI�SO�Iu� R BADSTEEN and �OLtHE G ';:};'�`'�'� :�
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<br /> � � � �N, HUSBAND ANO WIFE. whose address is 4Q3 W 137'H S'Ff���"T, GRAND ISL.ANe: WE 688d1 .-,����,i�:.� r
<br /> G9�:1ND lSLAND whose 8ddrese[s�lt N iNEBB �.� �, . .
<br /> � (�c��r�ed to betow as°Trustor"3;UNIiEI�NEBRASlCA BANK. . �,��. •.�.
<br /> � � - ��,cGR�WD tSLAND,NE 68803(referred to betow sortrettmea � "Lender"and some°�mes as"Beneftctnry°y; �`s��"�;°•;'�;�,'f,�,�
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<br /> � end CtNfTED NEBRASKA BANK,GWAND lSLAND,wftose addre��s P.O.BOX 5018 Ca��.AiD ISLAND.NE 68802 i ::..,,;r_.,+ .� ��',;,,.
<br />. • (reterred to betow as'Trustee•� --�-.'��,,�; � -.
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<br /> . .. CONVEYAKCE/UID tiAllHT. Fa vatuetife oonatdtre�oa,Tntstar eanvays to rru,.�tee In Waf.WITH aOWER OF SAIF,tar the CerroBi of '. , .r�
<br /> � LenQsr as Benefkisy.al of Tnutars Aght.ut�.and tnterest m and to the toeox�rW descAbed rea1 propedY,togethes wtth�aA mQsttrr� or . �,,,r �,
<br /> subse4uengy erecte0 or afl�d buttdinqs.Impraveme�b and fixture�all easeme�ts,rigt►ts of waY.end eODurtenances:e0 water.wate�dqhts and . ...�;.;�_..,
<br /> d'itch ADAb(inqudiny stodc irt u6TiBes wftB E'itch a�rlgatlon dphts};and e11 ottrer►fDAb.ro�' end Drofi1s relaUnp to tl�a raal Pro0 .Irup udin ,� •�,:�.{"";j.,
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<br /> w(thoN�miTatlon ee Mnerab.00.gas.Osothermal and sim➢ar matteis.IOCdted 111 F�au.couMy� State of Nebraska e Rsa� �� . -
<br /> � RroFerty°): ' ��
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<br /> . . �, . � LOT ONE (1) IN BLOCK TWO (2�, SCHIMMER'S A���''�EON T�THE CfTY OF ORAND �SLMID, HAl1 �;�. � `;`:� .� +`•:-
<br /> � BLOCK O?�Dc���. COLONIAL ESTAT�TENTH SUBDMSI0�4, "°''•'f' . ;�.=�'
<br />- � . . ;: . ., COUN11f,NEBRASKA.ANO LOT TWO(2), ��.�...,.;;.,�`,�; ..�.�. '':;.".
<br /> • � IN 7HE CtTY CF GRAND ISLAN�,HALL COUN7Y,N�BRA,SKa � �,��.:-.. � '
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<br /> The Real Property or 14s address is commoniy known as 403 W 13Tli STREET & 3107 MAGNOLIA, GAANO ��'.��• -:�•'��`�
<br />' NE 68801. �"� �rF=:�:
<br /> 1SlAND, �
<br /> , Trwtar resenUy essigns to Lendet(eLSO known es Bsneftcituy in this Oeed of Tnist)aU ot Tnistcfs dght,tiUe.and int¢rest in and to aU present and � � . . : _
<br /> � tuUue Iepases o1 the Propc�fyl end atl Rsnts trom the PropeKy. tn additlon,Tnutor granb lsnd9r a Unifartn Commercfal COde secuAty intere�t in th0 ; , . ��:
<br /> � Renb enA tAe Peisonal PropeAy deflned 6etow. ' +. : . � �
<br /> pEFC:'WTIONS.?ne toQOwinp words ShaA have the toltowing meanl.�,r�a when used in this Oeed af Tr,�. Terms not oihemtse Eef.ao�in this Deed ot � , .? . _
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<br /> ' • TrusY s"�a8 have thg meaNnps aitributed to Such terms in t�e Unif�Commer�tal Cade. AU w�r.ws to Qollsr amoants sha�c�ean amounb In ,�,,:�. _
<br /> � tawfW money af the UNted States ot Amerka ; • ;
<br /> >;�.,. : Benelldar�l. Tl�w�d'Senofkdaryr means UPOTED NEBRASKA BAt�,GRAI�D ISLA(�ID��h suocessors ar�d essl9ns. UNrtED NEBRASKA . .. �,'
<br /> • �qNK�GppAID iSLAt�a15o!s ref�re0 to as 1.ender'In this OeeO of TrusL
<br /> • � I�0 of TrwU Tha wards"Oead of Tnuf'mean this Oa¢4 of Tn�st amonp Tntstar.LonCer.�.�d Tntstee,and Uc(ud�wtthout�rNlaUcn aA ; .
<br /> . � . �ment and sect�iiy Interast provislons wlaUnp b tt�Personsl Progerty et�Renb. r .
<br />' • ' �.;����;; � � �latlaq�aQep2eQneas The words�dsting Inde6taGness'mean the IrtdebteQeess Qesaibad Qetow In ttia Exlsting tndobtaQnass scctlan ot • _
<br /> ,;',_: : : tNS Deod ot T�L .
<br /> • � .} Gt�anto�. 7he werd'QuarantoP means�ss3 indudes without tlmiffiUOn e.^>end all guarantor�.surolles,an0 aocommoQatlon parUes In .`�'i
<br /> . ! � � . . connsctlan wltb fhs Indebtedrsss. ��
<br /> � '� ' Improvemente. Th9 word 9mArovemsnt�'means and Inc^.Q�wlthouf Umttatlon all exfstlng and tutute improverrf6nts,fatutes,baitQings,
<br /> • ' structures,mob�e hom�efPoced on the Real P+rop�ty,taciGfles�ad�iltons,caAtaoomenb and othar construcUon on the Rea1 Properry.
<br /> � � UdeDtaQneL�. The word Rndebtedness•rt�earffi all pdndpal and lnterast payahta under the Nota end any amounb�endad or advenoed by
<br /> • , . Lender to tlfsCtiarge obttgatlor�s ol Tn�star or eYper►�s Incurred by Tnutfle ar Lender to enforc9 obli�gatlons of Tnstor under thls Oesd of Trus1. � ,
<br /> � j together alth Intorest on such amounb es proN6ad 1n thLs Oeed ot TnuL � .
<br /> • ' � LandEr.The w�rd 1.endet mearq UNfiF.D NEBpASJtA 9At�Di.QRAND ISIJIND,Its suoc�sms and assigns. •
<br /> � � Note. The woN°NOie"means the Mote datea HovemOer 0,1491,fn the�Cipat em011n!ot 576,750.00 hom Tn�stor to lsnder, .
<br /> topethsr w3tA a0 renewais,mc[tenstorts�moQiftcaHorp,reNr�andr�g.9�and substi ons ta th�Note.Th0 maturlry dffie of thb Oeed of Trust Is Jun9
<br /> • � ' . 1B.1995. .
<br /> ' FEraonal Rtopetly. Tho warQs'Personal Proped�P mean aU equlpment��dtrces.and other eNCtes of petsonat property nov►ar hsreatter ,
<br /> ' � owned by Tn�star.end novi or heroafte�atfached or ef�xed to tha Rea1 Property;together wlth eU aocesslons.paBs,and edditions to,sU . , i
<br /> wptaesmenb of,and aA subsNtWo�t�.ar�}r of sue�propeA�r.rsnd togethar with all procaeds pnetuding v+lthoul6Mtallon afl Insuranoe
<br /> ---.— -�_-:--.–_--_--... ptp�end refurtds ot gremtums)trom IIny sats ar other�sAcsItlon Of th0 ProDetty. ,
<br /> • � , Deopetty.Tho ward�Property�m�ns co¢aettvetY ths Rsat Rroparty end the Personal FroAeRy. . :
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