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<br /> '-� ��" •w�.. CONSTEtUCTION SECURITY A(iRRkN�A�NT
<br /> O.a /T ':.�
<br /> •� ,.�s ACKNOWLEDGEMENT O EED OF RUS
<br /> , ,. ',,d�i�� �-- �
<br /> " � o „ HORROWEA READ THIS HEFORB SIGNINat
<br /> � � '� a� � 8ozrower, whether one or more, unders�a�ds that the documenE �.:.�=r":�
<br />��� �� " that the Borrower is about to execute ia a Desd of Trust �tvd not _ _.
<br /> " ` a mortgaqe and that the power of sale pravi��d for in tha [1�ad o�f ��
<br /> Trust provides substantially different riqhts and abligatians to �-=�
<br /> ' � ' the Horrower than a mortqage in the event of a default or breach �:,�=-__---�°•
<br /> � a���-;�:;:
<br /> of obliqation under the Deed of Trust, inaluding, but na� limited
<br /> � to, the Lender's riqht to have tbe Propex�y sold by the �'rustee
<br /> �f ' withou� any judicial proceedinq. Horrower representa and _
<br /> �� � � warrants that this acknowledgement was exeautied by it before the
<br /> . .' , execution of the �asd of Trust. _ �
<br /> , � =",.:- :,_�-�--�___
<br /> MiER L. MC9HANNQN AKA ROQER CSlIANNON • -=�:. 4--
<br /> �'��' . �J.�>w. • .. `_ �,i.t.;Ur� " -_
<br /> :���, '.r .. .�, � • ._
<br /> . . . „ �,-...:_._.-� ——
<br /> , • SNARON KAX 9HANNON I�IBOr O�K�a• MCS ON � --- �'••'-.�
<br /> , �
<br /> . .�
<br /> CONSTROCTION SECURITX AGR�EMENT .�
<br /> , � ' ' �� .•:• DEED OF TRUST �
<br /> :;,�;--= -;;.i;`+_ _- _ •-- - __-_
<br /> I'``-"���' Intendirig to areate a Construction Security In�ereet in e=..__.._
<br /> ,��`_�r'' .�'�" accordance with the Nebraska Conatruction Lien Act, thia DEED OF �'°`����
<br /> TRUST ia made as of�thR •IOTH dp of 19 � bY and k
<br /> among the Trustor,
<br /> R g���ND WIFE , ��
<br /> • . mailing address is o T I g N �=� �
<br />; �' ,. (herein "HOrrower", whether one or more , t e Truatee, AREND BAACK `��,,,,y`:��
<br /> , Attorney at Law, whoee ma�il�ng .. . _-
<br /> �� a r e s s s P.O. BOX 790 GRAND ISLAND� NE 688Q2 lherein ,,,.,_�?
<br /> "Trustee"), and the Henef c ary, THE OVE F t L A N D N A T I O N A L B A N K O F :- • . -a=
<br /> GRAND ISLAND, whose mailing addrese is 304 West Third Street, � `�--
<br /> ;�y,;
<br /> • � F. O. Box 1688, Grand Island, Nebraska 68802-1688 (herein �___
<br /> "Lender"I • ` "���_:�-,;
<br /> ;„� ,�
<br /> � FOR VALUABLE CONSIDERATION, includinq the indebtedness .' � �pR���
<br /> identified herein and trust herein cxeated for the purpase of �__�;;�:
<br /> �, =-v k�'
<br /> . . makinq improvements to the real estate hereinafter described, the �
<br /> ;� .�, receipt of which is hereby acknowledqed, Borrower hereby � ^ ,
<br /> ' "�.�;:;:� irrevocably grants, transfers, conveys and assigne to Trustee, IN I
<br /> ' '� - TRUST, WITH POWER OF SALE, for the beneEit and aecurity of
<br /> • Lender, under and subject to the terms and conditiona hereinafter 4,. •- .
<br /> , �. .� . . set forth, the real property, described as follows: ,
<br /> LOT SEVEN (7), MCSHANNON SllBUIVI3ION, IN THE CITY
<br /> OF GRAND ISLAND. HALL COUNTY, NEBRASKA
<br /> i
<br /> 5 v .
<br /> Toqether with all buildings, improvements, fixtures, � �
<br /> streets, alleys, passageways, easements, riqhts, privileges and
<br /> appurtenances located thereon or in anywise pertaining thereto,
<br /> and the rents, issues and profits, reversions and remainders
<br /> „ _� .,, e..F., rhat i c a*tached to the
<br /> � tnereor, dflQ Sl1V�� t+c�av:.u. t.:."7�...�..f _"-- -- --- -
<br /> improvements so as to constitute a fixture, including, but not
<br /> limited to, heating and cooling equi�ment; and toqether with the
<br /> homestead or marital interestc, if any, which interests are
<br /> hereby released and waived; all of which, including replacements
<br /> and additions thereto, is hereby declared to be a part of the
<br /> � real estate secured by the lien of this Deed of Trust and all cf
<br /> the foregoing being referred to herein as the "Property".
<br /> .�
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