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<br />CONSTRUCTION SECURITY AGREEMENT
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<br />DEED OF TRUST
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<br />84 .......,
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<br />0050,18
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<br />THIS DEED OF TRUST is made this. .' " ",~~t.h,. .. . day of '" ?~pt~~:r:".,., " ".
<br />19~A" among-the Trustor,., ,~~NH..". ,~, ,~~M.J;'.l'~P ,f!\~'f'NF;~p,H:j:?,."".".""",:",.,....."
<br />"'..,,,,..,,.,......,,,,,,,,....,,..,... ,(herein "I!on:ower")".. r:(.r,~t. ~,~t:,i,qJ:l~.l, .:!3,a,1J.~t;.",
<br />,~p.4, r,t;lJ.!>,t; ,S=~~P~I?Y!. ,<;:9.J,lJ.I.IlRu~.., , N~,b;-~.S!l.<?, , . , , , . ' , , ,(herein "Trustee"), and the Benejjeiaryi
<br />. .t:I!l-~,~4n9~AUm. AijD, .TRUST, COMPANY" COLUMBUS" NEBR.A.SUa '*PI~.ll~1:
<br />~,.Nat.ionaL Banking .Corpoo:at.ion.,. '. wltoseaddressis..,..,'..,.'" ,'.
<br />, ,~6.2, . Ptjt,l!~~;7', ~~UI"l.t~~~,~9,6,O~, . , , , , . , , , . , . . , , , . , , , . , , , . , . . ,(herein "Lender").
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<br />BoRROWER~ in consideration of th~ inde_bt-ednes:s herein recited and the trust_ herein -ctea:t~d; irre'(tocably-,gt1lnt,~
<br />and convey1to Trustee, in trust, with power of sale, the followinlldescribed property located in . the COunty of
<br />, , , , , . ~,~ , 1, , , , . ' . , , , . , , , . . . . , . . . , . , .. ., Stale of Nebmska:
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<br />--Lot one (1), Knox Subdivision, in the city of Grand Island,
<br />Hall County, Nebraska.--
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<br />:5.tl'HU
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<br />(;J;~A4, ;I.l?:J..~.~~, , , . , . , . , .
<br />iCity)
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<br />which ha. the addr~' of,
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<br />Nebraska
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<br />(hereH! "Property Addr.",,," i :
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<br />[St.t. and l!f) Codej
<br />T<.Xa:'l tiER with aU t~ impton'nlt.'Hb nu,," or ht~re;trh.~( Cf.."deJ on the pfo~rt)'" and all ('aSt.'m~nb, nghts.
<br />appurlenanc~" renlS fsubjet.'t howevCf to the rights ano authol'lll"-> given herem 10 Lender 10 eoilcel and apply sueh
<br />rent,), royall""" mllwral. oil ano gas flghl;, and profil,>, waler, waler riglllS. and water 'lIx:.k. and aU fixlures now or
<br />h<<ealttr altadK:d <0 the property, :Iii oi which, Indurling replacements and addItions Iherdo, shall b<.' deelllt.'<l to be
<br />alld remalll a pan of tn.: properlY e",,,,rcd by tll.. o..'Cd of Tru,t; and all of the k"'~going. logclher with said property
<br />lor tbe w..whold <:'>lale II thi, Deed of Trust,s Oil a lea",hokJ) ,ife hert'ln referred to as the "Property";
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<br />To S!!Cl'IlE 10 Lender (a) the repayment 01 the mdebleJness evi<.ieneed hy Bono....cr" note Jated, ' S,ept.ember
<br />211,., .19.8<1. I herem "N<lte"}, jilin" prinel}",l sum .,( Three .hundr.ed ,for.ty ,tho.us~nd, and.
<br />. NfJ/.l-.QO:--- .l.$,:};4,Q. 9,QQ "Q9)------:'TlUlbm. ,,"'llll lIlt,rest lllereon, ~
<br />Mi...Il.... ~lll'ittlltIlf.. with the balan,.' ..I Ihe m.kt>teJf\c", If nol ,,,,mer i,,".i. duc ,HId payahle on.
<br />~.b~uar:y 2.1" J. 985. . the p~ymcnt :J! all (}th(~f \um~. with jr:t(,h:~~ tht~r('on" tHh~Hlt."C'd
<br />\II llQ;W<4Ince M,.,w,tb to pml<",1 In... 'CcurilY 01 th" r)(,,,,J ,.1 Tru'l, ,;od Ih" pcrlmman(e qf Ihe (,,,,,,,",,,, 'WIt
<br />.att'eementi of Bofrowe-r hctClf'l contamt'd. and (h) trn: (Cp~}'mtHl tlf ~-jny fU!Ufl: at1'\'anl;.'1.;''\_ WIth ItH.:r-,,-~)-f thcn.'~lfL ltlat.k
<br />10 Borrower by Lender punuanllo P;"'I&raph Z 1 h(,lcol ! hele'" "Fmure Adv.."c",'1
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<br />fk,rtO\W:t c(w-t:-nanu that Borr-tl'A-t"r .;, tilwtuliy \t.:I~t:d 0' tht' l~""[ah:' h~:H~hy \.~..m...~)'ed and h3~ tht.' f,ght In gr.lIlt and
<br />~.()Itlv(::)' the t'tllfUt)\ th.a; t~ Pfl~rt)' i~ -l.m"t:ru.:ultlbct-n.L and lhd~ l'\f\Hf1-A-~'r Wtn ~-~Hr;Jnt >~nd .kicr'td getkf.\H)" th\..'
<br />hUe' 10 tbl: Property _g"unM a.U daun-\ and denMrnJi., \.ubit:o;t w. any .Ji.\(-hU:'Hion~. ~:a~,mt'nh iN .t'''!-trKt!t\:n..... !l-"kd In A
<br />'!.{."hcd-uk f.l t::t{"r-pt}t,1O\- td \,:tt\:t."fa~ in da~ Htk' m!<Uf~H1-(:; f\O;.hi,;-; l,hUt'H1;I l.et"<Gt::.(.... q,h'n_'-:-.t :H th~ P'Y'I)fll\
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