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<br />: 84 -{)0I.348
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<br />DEED OF TRUST
<br />CONSTRUCTION SECURt'fY AGREEMENT
<br />
<br />This Deed of Trust Construction Security Agreement is made
<br />this ~ day of ~ , 1964, by and among McCLOUD
<br />SUPER'T'JiOirEL, INC., hereinafter referred to as "Trustor,"whose
<br />mdUnq address is 2603 South Locust, Grand Island, Nebraska
<br />68801; Arend R Baack , Attorney at Law, hereinafter
<br />referredto as itTrustee, " whose mailinq address is lQst~fi,ce
<br />Box 700 ~ Isl8.Pd HE 68802 ~ and THE OVERIJ\ND N~. BANJ(
<br />OF GRiND IstAND, hereinafter referred to as "Beneficiary,.. whose
<br />mailing address is P. o. Box 1688, Grand Island, Nebraska 68802.
<br />
<br />For valuable consideration, Trusto~ irreVOCably qrants,
<br />transfers, conveys and assigns to Trustee, in trust, with power
<br />of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust Con-
<br />struction security Agreement, the following-described property,
<br />located in Hall County, Nebraska, to-wit:
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<br />f ' --~ --
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<br />_.:.._.:.__ _ ___.... ._-1:: T_ ....
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<br />Twenty-Five (25), Matthews Subdivision in the
<br />City of Grand Island, Nebraska, more particu-
<br />larly described as follows:
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<br />Beqinning at the Northwest corner of said Lot
<br />~enty-Five (25); thence easterly along the
<br />North line of said Lot Twenty-Five (25), a
<br />distance of Eight Hundred Twenty-Two and
<br />Forty-Eight Hundredths (822.48) feet, to the
<br />Northeast corner of said Lot Twenty-Five
<br />(25); thence southerly along the FAst line of
<br />said Lot Twenty-Five (25), a distance of
<br />Three Hundred Twenty-Four and Sixty-Five
<br />Hundredths (324.65) feet, to the center line
<br />of Wood RiVer; thence deflecting riqht
<br />23" 55 · 50" and running liOuthwesterly a.long
<br />said center line of Wood River, a distance of
<br />Nir,9ty-Eiqht and Four Tenths (98.4) feet;
<br />thence deflecting right 63"39'10" and running
<br />westerly, a dil!ltance of Four Hundred seventeen
<br />aad Thirty-Th.ree Hundredths (417 .33) f..t~
<br />thence deflectinq riqht 91053' and runninq
<br />northerly, a distance of one fhandred Sixty-
<br />Eiqht and 'l'Wenty-Qne Hundredths un. 21)
<br />feet, thence deflecting left 90"01 '50. and
<br />runninq westerly, a distance of Three Hundred
<br />Sixty~One and Five Tenths (361.5) fe~t to the
<br />W.st line of lIIatd Lot Twenty-Five (25):
<br />thence northerly along the west line of said
<br />Lot Twf"~ty-f'ivlJt (25), a distance of '!'Wo
<br />Hundred Sixty-Eiqht and Thirty-Three Hun-
<br />dredths (268.33) feet to the place of beqin-
<br />1'1.11'1.91
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<br />t098ther with aill buildinqs, improvements, fixtures, street.,
<br />alley., passageways, ..sements, riqhts, privile98s and appurte-
<br />nances located thereon or in any way pertaininq thereto, and the
<br />rents, ia.us, profits, reveraions and the remainders therlllOf,
<br />inCllvdiD9 aU such personal property that h attached to the
<br />i.llpl'OYemetltlll lIO .. te conl!!itltute a fixture, idl of which, lncloo-
<br />iff9 repl.~nt.1 and additions thereto, are hereby declared to be
<br />a pact of the E,..l .state conv.yed in trust Mreby, it being
<br />AtTeed t~t all of the foreqoing shall be Mreinafter referred to
<br />a. the .Proptrty. It
<br />
<br />mil! l'n ptUlPOSI: OF n:cUJI!tNG I
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