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<br /> CON�TRU��tiAN S�CUIRITY AGREEMEIdT �
<br /> �P��D O�' `l'�2US'Y'
<br /> r.— �--°
<br /> intdnd�.ng to ore,ai:e+ �s Conetruction becuri�y Intereet in
<br /> ar•c:�irdance with th�: N�bxaeka Conatruction Lten ActA thie DEED O�'
<br /> 1996 and
<br /> T�'?d�1;�T ie made ae of i:h� 23rd day o£ E'�bruary ► 'tdi��h�se'
<br /> �nnq �hN '.l'rt18'Ccy7t� Totamy Ummel. Sr and Jovice L. Ummel. �Iusband& i .
<br /> ,.. �ti��axtt2 Psr�•• crrRpr Graad I31and. NE�68803-�
<br /> maiiing av",�inesa �.p �
<br /> (t�erein "Brrrrower", w et e� �ne or more) , e Trus�e�►
<br /> cx,�:�d R. Baack , At.�:caxney at Law� whose ma��nQ
<br /> . (herein
<br /> . 4 ���g$8 g p, 0. Box 790, Grand Isla�xcl� NE 68802
<br /> �''�..r�stee") , and the Bene:E ciary, �'7IE OVERLANA NATIONAL H�NK OF
<br /> �, �',�'�p� Hox�N16ff8h�Gra df�Im�s�d,�xNebraska� 6880�-688�a1h ain �
<br /> "�ae�rider"1 . �
<br /> F(3R VALVABLE CONSIDERATiON. inaludinq the 9.nAebtedneas
<br /> identified �nerein and �rusC herel.n areated Eor tli� purpoee a�
<br /> mak3ng imp�covemenL•s tu the real eotate hare3.nafter described, the .
<br /> receipt s�f which is hereby aqknowladged, Borrower Mereby
<br /> irxevocably grants, tranefera, canv�ys and a�Beig�ne �o True�ee, IN
<br /> � T�ki3ST, WITti POWEH �F SALE, for the benetit and se�uxi�y of
<br /> LeaYder, under and subjact to l:he �e�xms and._aoncii��.one hexeine�fter
<br /> � '. set forth, the real propr����p, desaribed ae fo3.lnws: �
<br /> � Eo� One (1). tTmmdl sr�bdivi.ei4n. �fa�i Got�r��e,brael�a
<br /> .�—
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<br /> Togo�her with a11 buildittac��, impxovements� f.ixturea.
<br /> stree�g, al].eyg, paasagewr�ysr eaAemente, rights. Priv9.�ag�r� and
<br /> appurtenancee located �9nes�son or i.n atiyw�.ee pertaining t3eere�o,
<br /> and the rente, �.ssue� a�d pro�itie, revezei.vx�s and rema3nders
<br /> �hereof, c�na �uc3�i peroonal prapr�rty tliati �.a at�aahed �o the
<br /> improvemen�a so aa ta conetitute a fixtur�, incl�nding, but not
<br /> lim3ted to, heaE3ng amd cooling equ3pme�.tswh�c ����e �����'�a ah�
<br /> homoetead or mari�a�l iaat�.xest�, if any,
<br /> hazeby re].eased and w�a�.��clf al]. of whiah, inc].u3�.nq replxcemen�e
<br /> _.� ..lA�1-i nnn th�ff�to. ie hereby daclared to �� a Par�_�� tih��
<br /> cw�N wwww�.���� �__ ' .
<br /> � the�forego�.ngebeing rsf�rred to h�in as the"Pr p rty",� a�.s ..a
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