|
<br />CONSTRUCTION SECURITY AGREEMENT
<br />1NSTRU,"1ENT C.QN$TITUTESAGI)NSIRljCTIO~.j SECURITY INTEREST UNDER THE.NEBRASKA,.tOttS:rfHj~ff{lN.'
<br />
<br />52.A-REAL ESTATE MORTGAGE-(WithL,IJ~J\::~~J.;l Rev. 7& Huffman and Feltoll & Wolf. Waltoll. Ne, 58461
<br />
<br />
<br />Van C.
<br />
<br />Jr.
<br />
<br />and Lorayne D. Wrenn, Husband
<br />
<br />\~renn ,
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />and ~Ji fe
<br />of He 11 County, and StB.te of Nebraska ,in consideration of the sum of
<br />Eighty Thousand and 001100-- -- --- - - - -- n__ - ---- ----- -- ---------- - ------- ------- DOLLARS
<br />in.n/!"nd r.aW, d<> herehy SEI,L a.nd CON\"EY ;Into The Fi rst National Bank of Grand Island,
<br />Grand Island,Nebraska
<br />Han
<br />Hall
<br />
<br />of
<br />
<br />Nebraska
<br />Nebraska
<br />
<br />the following described premisE's situated
<br />. to-wit:
<br />
<br />C<Yunty, State of
<br />Cmmty. and Static' of
<br />
<br />in
<br />
<br />
<br />Lot five (S). in Block Two (2), Brentwood Subdivision, City of Gr'and Island,
<br />
<br />Hall County, Nebraska,
<br />
<br />Tho; Hlb'nllo,!t ~,,'inl; to nmv.',' h"'T<,hv Illl "h"'.ll"h~ lltl,. m I,.,., ~lmpi." Indllding RIl the nghts (lflH'mt'st~ad find dl:)Wer.
<br />TO HAVE A ND TO HOLD llll' prd'HiW~ "how' d,'",'nb".d,l"'lth a.1l th". !lPP\1rt'miU1ee~ LlHlrelmto bl"lo:ngj;ng, untl) the said
<br />~I'flnr't'~~~ee-t!%j- ,and hi hN" h>t~'r \\r tht'Otr h"i'lr~ JUH! ~~~~'ilgnh f\',H'f~\'l':' t", Pl',('rvirhxi nhA"a::y~;;, ZU~td tht:.":1ie p'(c~nt8 ure upon the express
<br />~l1'Jt\diuon that ~f Lhf: ""lIHj rni.Hf.\U;;J;;g:nr{ $) , h'l:~r Pf tJH~Jr hfnrs, c:'(t'''('''tltot'B, Hrltnjni,stratoTs 0'1' n~ign$ shaH paY' or Cllus.e to be
<br />pa,Kl to ttw ~.Bud nh.)1t+:t3:~t:<<t< i,~ ~ hl~. hl'f (1r 'ctU"'lf hf.'1fs.. I'("lf,(-"(:utorg, tH.!nlini.Ht.UttO.rs or at..sili;'.D,S" the princJpal !I'Qm of,$ 80"1000.00
<br />pay.ltl" I'" f"ll"w~ tn wl:L
<br />
<br />Principal
<br />
<br />1p D..,cernber 7, 19(33
<br />
<br />1 U5 1:1ccr"ued .i nt(;rf~S t dvt:~ and f:Ja
<br />
<br />'~'jlh ~nh"fti'S't at:<(~)fdUlg ~~,) th~:< lti'n~'r ~nd o{"il~~d (,f Uw' H~t::;r.tMllg~lr!!i wriUen Pf'Ot't'ti_tlty not,{i:~ l~~"nnhg t;'\'t~U date with UU'rise preseuUt
<br />~fihilil t.h~H p~;.), at1 tJf<,l""'# ;l:Whd ~.\,~i('''i"nll''f~~t~ Zt'\k-d \.~:,~,'n ~~Hd fhl1 t:,.,.t.(itf', and aJJ oUter U.XC~1 i~,"vit,"k- and ~tS~~Ji.nlt"nt..'il It~vit':\(f UP()f1
<br /> thl..
<br />n:w)ttiilaf{l:-" ~)l {j'~lt' :~.'~tl',' i,h,'l~ t(, 'M't,U!Ii' rw,h.,)ft< t.h.:- ::IlHJ;UTt~ l')"'''f:~i-tu.\''.:!!f dohnqut,:'.ut. m:ld k{'~"-p~ tht:' bUliding'-.CJi on
<br />~~id pr't"nli".l\iIt~~l!< Hbf"Ht,,~i f~H' I 1"1" ~; ,;*.(1, jf an:'f, p,....yd.hh, to dH~ ;oi..M.id ~:t'\()Ttgu,ge.,., thtt'f\ tht"-se :pr~Jlent$
<br />h)- t-Hf' vnhf. ~'.,tJ-~t:'f~~,~~ It..,. ~Hld r-l'~,tfH,un ;:n n,~U tut\'w
<br />1'1' IS Ft."'R fUEl< -,,~~(~H}~.J<U t 1 y Th<1t If tt-H;'!' t'!-kt.H.i n:,vrtif4;a>>:'of !ihaU tur: to Pd.,V ~t.u::h t,;u;t'!\lO Uf pr(it(~lU'i" t"uch JnJjutan(~tc\> the
<br />li>a~d mc>t4\"~'." may P"" !!U," -""d ,"h;"',. ."d. m~'HIH>.l", "1<d Ill., "",m "" ,,,hiUh'.OO, wlIJ\ inter"."t lit 13. 75 Pl'f
<br />~r"l~n!\ ~haU hJlll:~ c-,q:.J'l-,},ii-d b\; ""~-'Ull.i nli",;-fi~a~p,t'. thk., ,IHfjJ"t5a~l\'-' :(lj,hn,n tdUHt:. a:~ ~<j{',:urHy f~.Jr tht~ :;a'UH.~'. C2J 'I'hat a iailu:re to pay any
<br />11}f !S4i~id ,Hi-.\llhi",y !1>~th~\f p~'IWJ'I;".p~ii,; ~"t l,nt~:'r~~1i!C \',,~\.~'^n ;;tH:~ :i!,llIn.~ hH'('otn~'~ due, tHO :a hiJ,lur~ h.. eO,n\J.;;lj' with an,y .of the fOfe-going
<br />i~~f\~ch\~~n~. 1<\:haH \:~;UJ~1 ~ht; wh,,,,)l"1' 'f<,,',Hoh rH{),JW:~' h<'1"(''',l.,U ''l:,t~,'\l,.n't~d lA'S. ll>tt(:orn.t;r d\H;\ and t~c).Ht->ciih~:e- at vrU.;f? at thE< optJon of
<br /> the
<br />lfl'h:~r1;~ra;;:t'~'.
<br />S41il<',a tht.~ 29th ,1." "j une , :9
<br />
<br />J[ n pt'*'$&<ZH.\C
<br />
<br />
<br />b.efo.re me
<br />
<br />
<br />
<br />srrATEOF, ,
<br />
<br />of
<br />
<br />!, -
<br />
<br />~~r~~nn~, Hu'sb-and tlnd ~~i fe .
<br />
<br />
<br />Pub 1 i c
<br />
<br />Tide
<br />
<br />\11 th'i!
<br />
<br />l'iflt.%
<br />
<br />!If. .,
<br />
<br />
<br />lnilH.I~
<br />
<br />,){
<br />
<br />.!I,t l"lI<~~"
<br />
<br />HIIt,l. "t D1IMl<hl
<br />
<br />H'II..
<br />
<br />f).,?!.1I1 t~'
<br />
<br />
<br />
<br />
|