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<br />-� SEND TAX NaT6C�S TO: �J -. ', :`"."``�"��!
<br /> � TFiE KIT CA.,INT �� ., - , _
<br /> '_` 42�AR120NA AV�Ul1B . �.
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<br /> $AAtx?ABOYE TFMti LINE IS FOR fiECORDEA'B USE 01�LY ���-
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<br /> DEED OF TRI�ST „ ' ` ���-,�--
<br /> �� 7�lIS DEEO OF TRUST�5 A CONSTRUCT[0�!SECURIT1f AGREEIWENT '' ,:;j, � °'t�;;
<br /> W17HIN TH�NrlE1ANING OF'i1�lE NEBR�SKA CQNSTRUCYION LIEN ACT L '_r�: . ,,-;
<br /> `' 1FIIS DC.�D OF 1AUST IS D�TEO FEBRUARY 10, 1996, atno�p THE KIT CO., IN�., A NEBRASKA ���a�'� �Y,::
<br /> �. , CORPOR/1'�pN�whase �dckea�ts 4233 ARIZONA AVENU�.GRAND lSLANDp NE 68803(re�enre�d to below a� ��.;�::" �,_
<br /> "Tru�tor"); UNIIIED �I�BRASKA BANK. wtwse �ddroq Is 700 N WEBB RD, GRANO ISUIt�13, NE 65803 '` " "': ' `
<br /> (roterred to bolo9ri�amettme� a� "La�er" and wmetimes a� "Bencflclary"); end UNfTED NEBl�ASKA BANK, �
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<br /> whose sddr��is 700 N WEBB RD.,�RAND ISLAND�NE 68803(rcterred to betow es"Tn�etee"). �-�,
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<br /> coNVEr�ncF�we tuuwT. For v�twbi�CoctMdKMbn,TruKor cot►vMya�a Tn,�c..�n hwt�wrn+Powea oF sN.e,tor m.asee�at � .,
<br /> Lend�r M �Ik{rr,t�M of Trusior'r dpM,IiW, and Inler�s�t U tnd to tI�MRowirp dasaibed real pro►�ty. topethw with �II exbilnp a
<br /> subspu�lly K�t,isd a efR�nd buMdM�O�,Impro+»rnsnb and lbAur�s;dl Ne�rn�nls.dOhls af way��nd�ppurtsrNno�tf�il w�Mr�waNr rlphls and � . ,, ,
<br /> dilch rfpM�(Mdudk�p stodc In ulWll�t wMh dflch a krfpdbn rqhh);and ell oth�r dphb,�royW��iK �nd praffMb rWaYnp to Iha rooi pr�y,Indudin0 .,,.• �i '
<br /> wiltwut YtNf�tlen d1 rr�+eraq,oN,qu, q�othumat and simil�r matt�re.tOQalted (n rWl.l. �oullty, S�ete Of Ne�fttslcei- (tha "Reel � �� .
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<br /> LOT FOUIi(4),MENARD SUBDIVISION� IN THE CITY OF GRAND ISLAWD�HALL COUMY� NEORASKA I �''':�-�", ,� �
<br />� The Real Prop�rty oar f�o uddr�as li commonty knov,rn aa DIERS AVENUE & STATE STRE�.GRAND ISLANO, � r- ��r�
<br /> . NE 688Q3. � ,`
<br /> - � Trustor pr�l�r�lfy�ta t0 L�ndK(dso knv�n ae B�nellct�ry In Ihis Deed o!Tnnt)�N d Trustors dpht,nw,and In9�rest In tnd to ell prtsont and i . �
<br /> �. futun IM�ol 1R�D PropM4y tnd a!1 R�nb hom ttM Prc+pirty. In tddiNOn,Trusta pnnb lendar�Unlform Commxctal Cud�seCCrily Interest Iro th0 . • %
<br /> �.+} Renb and tlw F�awl PrCQerfY d�An�d Mtow. j � ° �•. .p
<br /> �EflNITiONS. Tho foMOwlr�y►ror0a�h�N haw ItN toNowlnp m�adng�wMn us�d In thk D�nd o1 Tnxt. Twms not otNarwFso d�Nn�d In tMs Doed ot � '"�,
<br /> Trust sNA Aaw t1w mMdeqt�tribulod to such torrr�s In tM Unitorm Comm�rcld Code. llfl nNr�rw�a to ddlar nmounts shaN me�n am0unb In i
<br /> Inwfui morNy of Ih�UniNd S4dN of Im�lca. ' ,
<br /> Beneflr�iiry. Tho word'9aneAclary' means UNITEO NEBRASI(A BAh.�t.Ih� sua�ssors and ass�pns. UNIfEO NEBRASKA BANK elso Is '
<br />- refartod fo u'Lender'In thh Doed of Te��t :' ,
<br />- ONd of TnnM. Tt►9 wctds'DeW af Tnn1"maan thb Deod of Trust�monp Truator, LAnder,antl Trustas,and Includes wllhaut Ilmltatlon ell '�
<br />- as�ipnmwtt arW�ecur4tj Is�lMSSt proNsiora rotttlnq to th�Pereond Property and Ftenb. ` .
<br />- � GwrantoG The wad'Gaaranla"means and Inctudes wlthout Nmltabon any end ail yuarantors, curettes,and accommodatlon pnrtle3 In
<br /> . connectlan vrith ftw IndaGkdness.
<br />-- ImproHOmenb. Tla word 9mprowm�nls"means and Indudaa wNho�ct Nrt►Itatbn all e�6st!np and iuturo Improwmenls, fixturos, bulldlnps,
<br /> sUucturme,mobfW homre affbr�d an lh�Fi�!Propwly,Iw9NWs,addidon�,iept�oQ+rwMs and othor consUuctlnn on fhe ReN Prcporly.
<br /> - ' tndaat�dnees, The wo!d lndebtadnes�'meens eN prindpai and Interest payabb und�r Ihe M e�nd eny amoun�expsnded or advanced by
<br /> -''" Londr lo d[sch�rp�ohNpatlorn of rustor a�ns�a Incurred by TrustN a Laider ta ' ns of Trustu undar this Deed ol Trust,
<br />-_ \� IoplttlK wNtt IMtntt an such tmquMs a prOVid�d In thh D�d of Trt�L (tnittli r � In addfi!an�o tla Notp,tha wad ;
<br /> 4nd�fedr�a'InGudos dl obYpat9oro,dobb�nd Iitbkitks.Ptus Int�t Hwrwn,of T to dar,or�ny ono or ma�of tFwm,aa weft as
<br /> UI c1�Fn�s by L�nd�r apUntt Trtntor.cr any ono or mon of th�m,whotl�now�dstlnp ttw arislny.whothar�otaled a unrelated to Iho ,
<br /> purpos�of Ih�NoM,whNMr voluMuy a otMrwFs�,whNMr du�or not du�,�b�oluM a conrq�nt,Yquidtt�d a unAquldated nnd whether , _
<br /> � Truslor nuy b�B�bl� IndhAdwlly a Jdntly wHh otMn, whoth�r obNpot�d a pusrtMa a oa the�who, and whother rocovery upon such
<br /> Indoh}adertt enav ha er A�raallar mav l�artiurr lurr�d hv anv elat�nf Ymkallnna.at�d fuhNhY sueh Indotit:.ditiiti(118V b0 Of h�Bt8flN0!fil¢Y .
<br /> -_ --- -• -- - ---- —. ----'-- --'---. -• ---- - - . . - .
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<br /> = blCOrt1Y OlAOfYYHJ�U(IDI1fOfp�lbk.
<br /> - Lender.Tho word'Lendar meer►s UN17ED NEBRASKI!BAt�1(,Ib suCCessoro and assl�rts.
<br />.a Hot�. TM word"NOt�'me�n�tho Nc►t�daird Fefiru�ry 10,y�s,In the�'!�IrrCip�i emount Ot S825,000.00 hom Tnistor to landa,
<br /> topNt�wllh�M ran�wets,oxt�nstom, modilfccatlax,roflnar►�Inqs,xnd subsdlutlon�for tho Noto. Ttw rt►aturity date o11hls Deod of Trust Is
<br />�,,: Aupust 10,199G.
<br /> - . , � Pst�on�l PropM�fy. Th�worde "P�rsonY Propwty'maan UI equlprt�A,Ibctuns.Qnd ottwr art►clqs ol personal property now a heros�tler -
<br />-'_` , ownW by Truuor,tnd now a henaRU atLched or aMx�d to ttw Rfd Prupaly;toQeth�w with aN ea�esslons,pnrts,and eddlBom to,nll
<br />� . ropkcemenb ot,�nd �1 substNUSbns /a, any of such propMy; rnd top�ther w�h dl proceeds (tncluding wlthout umitatlon QII Insuranco
<br /> = pr0000d�ond nfunds of pnmlums)hom�ny eU�a Wh�r dsposltlon ol ttw Prope�ly.
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<br />� Proptrty.T1xi word"k'�opw1�I'mQans co�ctlYOty tha F�oI Proparty and tt�Poreonat PropeAy.
<br /> T1x
<br /> RNi Prnp�rtr. Th�worcb'Re��'�rti,arty'rt»tn lhe properfy,IMeroste tnd riphb descrlbed ubow In the"�onveyence end(3ranP soctlon.
<br /> Ir. RNMl1!Dotumsntl. TM wads'RolatW DocumenM' rr�n and Indud�w11hoW NmitaHon aN promissory notes, credit npreemenb, loan
<br /> �! . sqnanknfs,snvkonm�ntal eg��rtwnta.puannties,socurity aprwmenb,mortqapae,dends of Irust,and ell other Insirumente,agrcromonls and
<br /> dw:umunb,wholhor now or heranflx exisuny,executed In connecdon wllh Ihe Indebtadnoss.
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